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Originally Posted by RummyBoy
Captain.... you make some good points but this bit above is rubbish. Its a vastly export economy and IP Theft is a (relatively) small part of the economy. As for currency manipulation US and Japan are the worst.
How much has your Yen depreciated against the USD in the last 6 months? 20%?
The RMB has appreciated a lot against the USD and especially recently. They didn't do it earlier because the US was pressuring them. It was all about what the US wants and all that talk is just US propaganda.
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Japan's last government was weak. The depreciating is good for Japan's business sector. Japan has not engaged in manipulation for awhile. Just since Abe came in. Hopefully he will develop Japanese military and a booming Japanese economy.
China's export economy is slowing. If any more manufacturers leave China will really slump. Countries are moving away from China rapidly. And with good cause.
Yeah, Dyna mo - I heard the interview with that couple on NPR. Pretty tragic for them and for anyone eating their rice. Now multiple that thousands of times and its easy to see why China is having problems. of course, US not much better. God only knows whats in fast food here.