https://foreignpolicy.com/2016/07/22/chinas-currency-manipulation-actually-enhances-the-global-role-of-the-dollar-sdr-rmb-balance-of-payments/

i.e. the world isn't going to stop because people live in shitty conditions working

http://carnegieendowment.org/chinafinancialmarkets/56856

> In fact, foreign investment is only good for an economy if it brings needed technological or managerial innovation or if that economy cannot otherwise raise funding for domestic productive investment. If neither holds — and they hold in developing economies only, not advanced countries like the United States — foreign investment always forces the recipient country to choose between a higher debt burden and higher unemployment.

> As long as the United States is the only country willing and able to run the current account deficits that result from foreign accumulation of dollars, the dollar will be the only important global reserve currency. And as long as other economies try to goose domestic growth or reduce domestic unemployment by forcing up exports relative to imports, either U.S. debt will be higher or U.S. growth will be lower and unemployment higher. This is why the United States will eventually limit foreigners from accumulating dollars for their reserves.

> The logic is inexorable. As the global economy grows relative to that of the United States, it is only a matter of time before Washington is forced into defensive action. The only question is how much economic pain and domestic unemployment the United States is willing to accept before it acts. As long as the dollar is easy to acquire in near-unlimited amounts, foreign countries with weak domestic demand can simply buy dollars and force their domestic demand deficiencies onto their trading partners. Until then, it doesn’t matter whether or not the People’s Bank tries to improve the SDR’s visibility. It is entirely against China’s economic interests for the SDR to replace the dollar — let alone for the renminbi to do so.

LotheronPoole, sure the world isn't going to stop because people live in terrible working conditions, if it did, then sociaty would have hit multiple standstills through out history.

its not clear that china's behaviour has actually been a benefit to the west - I think in many ways China has gotten more out of it than the west has

China has also been a currency manipulator hasn't it?

Grenade - that is basically the point of what I quoted - but it'ts a very complicated issue

artificially fucking with its own currency to keep it down low relative to the dollar

Grenade, the fault is mostly US' - not Chinas

well i mean, it takes two to tango so yes

> There is, in short, no way Japan could have benefited from People’s Bank purchases of its yen bonds. Only the United States permits unlimited purchases of government bonds by foreign central banks — not because, however, it is immune to the problems Japan and other advanced countries face. Like them, the United States can easily fund productive domestic investments without foreign capital, and so rather than cause productive investment to rise, foreign investment causes domestic savings to fall, which can only happen with a rising debt burden or rising unemployment.

Before we sanction China, we should do something about Venezuela

VZ is toast already

drop leaflets telling the poeple to move out, then carpet bomb the whole place, let nature reclaim it

Stefan, China is worse than VZ - I think VZ will sort itself out way before china - but yeah sure, VZ also needs sanctions (if they don't have already)

And how many people have to die in VZ and how many other Countrys have to be flooded with Refugees?

bill it as a "save the rainforest" act

no, Venezuela is the one of the worst situations we have right now!

there's no we

they fucked themselves

It needs to come from the inside

It really does unfortunately.

And I know someone in there right now.

or else it's just imperialist america not letting socialism work

See, why then sanction China? It has to come from within.

because china is a world power

you can't treat the two the same

It annoys the *shit* out of me that this "DON'T EAT PORK" shit is still going on.

We have learned how to prepare pigs.

So its OK if people in VZ die but China is a different story?

Why the fuck are people still avoiding pigs.

EAT YOUR FUCKING PIGS.

Because its an order from the Book!

https://youtu.be/7llLFbV97bs?t=9s

To be fair, in counties without a well developed pig farm industry, it could still be a bad call.

Like in the US it is fine, but in like Somalia? Eeeeeh

Did my excellent linkage just kill the chat.

yes, you should be charged with 1st degree murder

I mean, you're basically arguing that yours is the one true way and that everyone should conform.

(I'm back btw)

LOL; nice, Tim kinda proved my pro-Religion Point 😄

The way people's principles break down over particular topics is astounding.

(Just finally getting to watch Tim's video. I knew what his take was going to be on the headline. Pretty funny)

I argued the same points he did without seeing them. 😛

I've earned my avatar's beanie.

If you cannot maintain your principles across unfavourable situations they are not virtues. There is no virtue without sacrifice

I don't like Islam. I know what it preaches. And I don't like it.

But there are SOOOOO many fucking problems with targeting someone based on the beliefs they hold

Well it basically boils down to - there is no value in holding a position only when it is convenient

As I said earlier and will say until I'm blue in the face

I will not support a philosophical argument that can be turned around to outlaw me.

I will not support the jailing of individuals based on their beliefs - this is described as 'thought crime'.

I think there's a lot less wrong targeting for beliefs than immutable birth characteristics.

What you believe actually... says a lot about what you're willing to do.

Are you willing to fight to defend your own liberties?

Flip the quran 5 pages in any direction

See if you can avoid calls for murder.

I don't care.

You don't?

Are you willing to fight to defend your own liberties.

I don't understand the question.

People are free to write vile shit

And other people are free to read and like their writing

If you were targeted because you believe you should be free to pursue your own choices, and the powers that be say you can't

You haven't done anything

The quran isn't just 'vile shit'

but this 'libertarian' concept is a mental illness

If it was written today?

I don't care what the quran says.

--STOP NOT CARING

They are CALLS TO ACTION

Jesus christ.

This annoys me.

My principle applies regardless of what the quran says.

CALLS. TO ACTION.

"Murder this guy. Murder that guy. Murder gays."

On and on and fucking on and on.

So people who read it revoke their rights?

If you wrote it today, there'd be reasons to put you away.

Like Charles Manson.

Charles Manson didn't write a bunch of vile shit.

He killed people.

No he didn't.

¯\_(ツ)_/¯

Moot point as well, the prophet isn't being forcibly reeducated

Charles Manson didn't kill a single person.

His followers are

If you don't see a dangerous action being taken against them that could just as easily be turned on you, you're blind.

They're not being charged with a crime, even.

It's being declared a mental illness, which is a loophole that, even in the states, could be abused.

--Hold up

You didn't know Charles Manson didn't kill anyone.

I did some primer research. I get your point there.

I don't see how it acts against mine.

He called for the actions.

There couldn't have been the murders without his direct tutelage.

And the quran is that.