we'd negocitate with terrorists if if benefited us economically.
2007-03-03 05:38:44
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answer #1
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answered by Anonymous
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It probably has something to do with the fact that over the last 20 years we have sent around 50% of our manufacturing jobs over there and so they have the money to lend while US workers and citizens get the scraps. After all who would want to pay a US citizen a decent wage to make products for sale in the US when they can pay a bunch of Chinese people slave wages in deplorable working conditions to make those same products, increase their profit margin,and get a tax deduction from the US govt for costs involved with building their new factories in China on top of all that?
AD
2007-03-03 04:45:49
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answer #2
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answered by Anonymous
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not sure where you are getting your info from, china is purchasing alot of properties from the USA, but at the same time, communism is failing rapidly in china, in fact it is turning into one of the fastest growing capitalistic economies in the world. every day people are opening their own businesses and the puchasing power of the people is growing every day. it is turning into more of a flat out dictatorship than anything else. capitalism always finds a way to emerge from the ashes. it is human nature to get more when you work more and so on. the fundamental rule of capitalism is human nature. communism is a great idea but it always fails when people get tired of being paid the same as every one else and not being able to buy what you want.
2007-03-03 04:46:49
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answer #3
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answered by big_john_719 3
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If communism is better than captalism why is China lending money to us when it could lend it all to Cuba and North Korea?
After all if communism is so great they should have no problem paying all of it back on time with interest.
Because American capitalism as bad as one might claim it to be is good enough to pay large loans back on time with interest.
2007-03-03 04:42:59
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answer #4
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answered by Vultureman 6
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If China is communist, why do they manufacture, sell, and export so many things?
I view China as a totalitarian state that is devoid of free speech and religous rights. Under true Communism, there would not be a 'state' per se.
2007-03-03 04:49:19
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answer #5
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answered by MoltarRocks 7
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We are do borrowing from China they are investing in US Treasuries as well as other securities around the world..
The Chinese are well accomplished businessman.
2007-03-03 04:47:11
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answer #6
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answered by Sgt 524 5
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I am not an economist, so I don't know the answer, but China does have a lot of cheap labor, they have instituted a lot of Capitalist reforms so they aren't communist completely anymore, they are more authoritarian.
2007-03-03 04:54:13
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answer #7
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answered by asmith1022_2006 5
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You have your Ps and Qs confused. The style of government has nothing to do with borrowing money. Look at all the little two bit dictators that we have propped up with our foreign aid.
2007-03-03 04:43:33
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answer #8
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answered by just the facts 5
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China isn't a communistic country at this point. They Are a mish mash of greed, avarice, naked profit and corruption.
2007-03-03 04:41:56
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answer #9
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answered by zaphodsclone 7
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They are not borrowing money.....they are buying "carbon offsets". Capitalism RULES!!!
2007-03-03 04:40:53
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answer #10
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answered by Johnny Conservative 5
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Watch some Financial shows on TV to LEARN what you're talking about .
2007-03-03 04:42:13
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answer #11
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answered by Anonymous
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