tag:blogger.com,1999:blog-2399017836300924697.post5876822369320778579..comments2016-01-25T11:01:06.601+00:00Comments on efficiency meets sustainability: China's economic lessons...caw rockhttp://www.blogger.com/profile/03252346486811877343noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2399017836300924697.post-48470018511523268232011-02-08T06:01:20.883+00:002011-02-08T06:01:20.883+00:00Of course, Mr Neo and Mrs. Lib have allowed for a...Of course, Mr Neo and Mrs. Lib have allowed for <a href="http://efficiencymeetssustainability.blogspot.com/2010/10/and-winner-is.html" rel="nofollow"> all that to happen</a>, but responsibility will never be accounted for.caw rockhttps://www.blogger.com/profile/03252346486811877343noreply@blogger.comtag:blogger.com,1999:blog-2399017836300924697.post-4683897404817414692011-02-07T20:26:49.546+00:002011-02-07T20:26:49.546+00:00China is just acting for its own good, but it'...China is just acting for its own good, but it's totally beside the point - it's not about what China does, but the forces in our countries that fostered this development, against us, "their" people, KNOWINGLY.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2399017836300924697.post-9756860215639776462011-01-24T07:05:06.307+00:002011-01-24T07:05:06.307+00:00Some men worship rank,
some worship heroes,
some w...Some men worship rank,<br />some worship heroes,<br />some worship power,<br />some worship God,<br />& over these ideals they dispute<br />& cannot unite;<br />but they all worship money. <br /><br /><i>Mark Twain</i>caw rockhttps://www.blogger.com/profile/03252346486811877343noreply@blogger.comtag:blogger.com,1999:blog-2399017836300924697.post-71409673864800254112011-01-24T03:03:01.785+00:002011-01-24T03:03:01.785+00:00China’s Innovative Way of Skinning the United Stat...China’s Innovative Way of Skinning the United States!<br /><br />Mark Twain is credited with an early use of the cliché "more than one way to skin a cat" in A Connecticut Yankee in King Arthur’s Court, as follows: “she was wise, subtle, and knew more than one way to skin a cat, that is, more than one way to get what she wanted”. Thefreedictionary.com defines beggar-thy-neighbor as: an international trade policy of competitive devaluations and increased protective barriers that one country institutes to gain at the expense of its trading partners. Under the guise of fostering ‘indigenous innovation’, the Chinese government has creatively used a non-conventional, subtle version of beggar-thy-neighbor. Its version doesn’t entail the competitive devaluation of its own currency, which would enhance China’s exports and inhibits its trading partners’ exports. China’s version perpetrates an over-valuation of the currencies of one or more of its trading partners. This negatively affects all the trade of the pegged trading partner(s), not just trade with China. During the recent period China pegged its currency to the U.S. Dollar, its version of beggar-thy-neighbor was 8 times as damaging to the U.S. economy as what the media refers to as “China keeping it currency undervalued”. <br />In November 2003, Warren Buffett in his Fortune, Squanderville versus Thriftville article recommended that America adopt a balanced trade model. The fact that advice advocating balance and sustainability, from a sage the caliber of Warren Buffett, could be virtually ignored for over seven years is unfathomable. Until action is taken on Buffett’s or a similar balanced trade model, America will continue to squander time, treasure and talent in pursuit of an illusionary recovery.soupshttps://www.blogger.com/profile/02471867899202934747noreply@blogger.com