Loading ...That would classify in my mind of another major reversal of the past. In todays paper a big story about all the republican anti Trump groups popping up in favor of Joe Biden.
The story led me to believe the present administration is really a new THIRD party. The old republicans and democrats were really only one shit party. The Republicans were only SLIGHTLY better and slightly less obedient to foreign nations special interests than the democrats. It was often said, the right wing and the left wing are both on the same bird.
Bottom line:
Another reversal. The Trump party is a new third party, or a new SECOND party if you consider the other two as one useless 75 year “let America die” party. I watched the US decline thru all presidents. And the USA will continue to decline if the Bankers and big businesses keep maintaining the Chinese dollar and US Dollar pegged.
They have been trying to restore America WITHOUT divorcing China as the global manufacturing business vendor sanctuary.
The US Dollar is in trouble, and if the Yuan is pegged to it, maybe they are both in trouble. Or maybe a crashing Dollar with automatically de-peg and let the Yuan climb climb climb against the Dollar because they don’t have a $25 trillion budget deficit.
And the Yuan might be the new world reserve currency. Then their STRONG YUAN will export their jobs and import from US, European, Japan, etc etc et al. The USA and rest of the world will be the new “emerging markets” created by Chinese middle class consumers and tax payers.
P.S. re my let the Yuan climb climb climb against the Dollar? That means instead of $1 buying 7 yuans, $1 dollar would only be able to buy ONE Yuan. And only ONE Yuan (instead of SEVEN) in China would be able a Dollar.