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Quote by: sdbest  China threatens 'nuclear option' of dollar sales
While the U.S. was pouring vast sums of borrowed money into its military and into Iraq, China became an economic super power with the capacity to bring the U.S. to its knees. When will U.S. politicians, and the U.S. public, learn that the real threats to them are not terrorists?
China is not merely a threat to the U.S. With its disregard for global environmental protection, economic and social equity, international law, and human rights, China is a threat to us all.
China depends on the consumer economies of the western democracies--customers like you and me--for its economic development and growth. It also depends on the treasonous avarice and the eagerness of global North American and European based corporations, like Wal-Mart, to sell their countries and citizens out.
If our governments and corporations won't stop China and its Western corporate allies in the West from their destructive path, is it time we consumers did? Is it time for a grassroots "Not Made In China" campaign?
Regards
S. |
No, the solution is to get rid of the Federal Reserve and put the dollar back onto the gold standard. As it stands now, it's not only China that could bring the US to its economic knees but OPEC as well. OPEC could do it just by requiring (as Iran and Venezuela are talking about) that their oil be paid for in Euros instead of American dollars. Tie the dollar into something that has real value and we will no longer be economic hostages.