Isn't this another sign of United States weakness?
Are we falling apart?
We are falling apart Spiritually as a Nation, and now we are reaping the havoc and Chaos of a place that doesn't have GOD Blessing America.
God Bless America
Land that I love, stand beside her and guide her- I guess those words are now a thing of the past?
Thoughts?
2007-11-08 05:00:42 · 15 answers · asked by Anonymous in Society & Culture ➔ Religion & Spirituality
I can't believe people calling you stupid and uneducated when answering this question. What they don't understand that you are talking about changing China's trading currency. This has to do with import and export, not the local currency. This will hugely impact America. Because the dollar is based on simple supply and demand principles. China, which is the larget exporter to the US, and keeps the demand for dollar up, if it decides to do it's trading in Euros than that will mean lesser demand to Dollar and will further diminish it's value.
However, I realy don't think being religious, or non-religious has anything to do with it. It is just basic supply and demand. To increase dollar value we will have to increase our exports. Since people will need to pay in dollars for these goods, then the demand will go up and so will it's value. Hope that helps.
2007-11-08 05:21:46 · answer #1 · answered by denver007 2 · 2⤊ 0⤋
I believe China uses the yuan as its primary currency, though finance done in Euros is not such a bad thing.
A weaker currency, by the way, is not a sign of weakness. It actually comes with many benefits.
Otherwise, why would anyone use yen for anything?
The U.S., the way things stand, will remain #1 in world economics for some time to come, mortgage crisis or not. #2 Japan has a ways to go to catch up, and Japan has its own problems, and China is not even close at the moment.
Our economy has grown pretty steadily for decades, despite periodic alarmism from doomsayers. There is no reason to expect this to change anytime soon. Recessions, for instance, offset inflation, and so in the long run they're actually a good thing (which is why the Federal Reserve causes them).
2007-11-08 05:06:43 · answer #2 · answered by Minh 6 · 4⤊ 0⤋
No China has an unfair fixed exchange rate with the US its major export market, they will probably peg the Yuan with the US dollar and take advantage of this favorable exchange rate, that is until the bubble bursts!!! as unsustainable double digit growth and inflation is evidence that a centrally planned economy does not have the checks and balances of a free and more transparent market, they may possibly be on shaky ground and the only thing that is holding them up is all that foreign capital pouring into China, a lot of their data does not make sense.The Chinese must slow their economy down, float their Yuan on the international foreign exchange market and then maybe they will avoid a possible downturn.
2007-11-08 08:15:18 · answer #3 · answered by Anonymous · 1⤊ 0⤋
I'd say the Roman Empire clung to christianity as well as it was falling apart... didn't help much. In fact Christians had to defend themselves against the notion that they caused and wished the fall of the Roman Empire. Augustine wrote "City of God" mainly against this accusation. I suggest you read it by the way, it makes it pretty clear that the fate of worldly empires is of no concern to christians.
edit: denver, it may be trading currency, but it also could be the currency they have in the national reserves. Right now China, and many other countries for that matter, have lots of US dollars in vaults. Those are gradually being sold in fear of the dollar dropping further, thus causing the dollar to drop further... (right?)
2007-11-08 05:08:22 · answer #4 · answered by Ray Patterson - The dude abides 6 · 1⤊ 0⤋
I dont think china is taking over the euro. I dont think they even use the U.S. Dollar. They have their own form of currency. Although if they were to take it over I dont think it would have anything to do with "God". It would have to do with the fact that the Euro is a heck of a lot more stable than the US Dollar. That has to do with Economy not religion.
2007-11-08 05:11:13 · answer #5 · answered by Lorena 4 · 1⤊ 0⤋
The Euro is the strongest currency right now. I don't understand why your allegiance to the U.S. would wane because of this situation. There are many other justifiable reasons to have less allegiance these days. Reason #1 - The BungleBush.
2007-11-08 05:06:02 · answer #6 · answered by spirit dummy 5 · 3⤊ 1⤋
You are really uneducated. Since when has the currency in China been the U.S. dollar? You stated that in your question.
What makes you think that forcing everyone to be religious is going to improve on things in the U.S.?
Are you aware of Inter- and Intra religious conflicts?
Religion HAS DONE more harm to society than people actually think.
2007-11-08 05:06:39 · answer #7 · answered by Imagine No Religion 6 · 5⤊ 2⤋
At this element the chinese language are to heavily invested interior the yank financial gadget and too based on exports to united statesa. to try this. I the yank financial gadget is headed into the crapper they are going with it.
2016-09-28 14:30:08 · answer #8 · answered by ? 4 · 0⤊ 0⤋
Last time I checked it was the Yuan (Renminbi) they use there.....
Besides, the Euro is far more stable, cooler and valuable than the Old Greens...
2007-11-08 05:04:31 · answer #9 · answered by Lex Fok B.M.F. 3 · 3⤊ 0⤋
To the person saying G.W. Bush is Christian, think again, he is part of that skulls and bones group and worships other Gods. Really, he is a phony.
2007-11-08 05:08:57 · answer #10 · answered by Anonymous · 1⤊ 1⤋