Thread: Buying USA?
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Posted to rec.woodworking
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Default Buying USA?

is there a chance we could be
supporting the Chinease Military? Scary thought.

Unfortunately the chinese government holds the yuan to dollar exchange
rate at a artificially low rate to keep the price of chinese good low,
and the price of american good high. Unless this exchange rate is
allowed to "float", the cash will continue to move to china. The
exchange rate was a big part of Bush's recent trip to china.

And don't think that the average chinese worker is the big beneficiary,
the government controls the economy and reaps the biggest rewards. How
else could the chinese government afford to buy Conoco oil.