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abcg 01/15/2012 06:35 AM Report
Of course each country has problems, but you can't be selfish and use that as a justification for saying, well, your country has problems that's going to be magnified by adjusting the currency, that's too bad, because my country has problems too that are affected by this. That's illogical, because you have to weigh the total net of each.
abcg 01/15/2012 06:32 AM Report
...way. This is unfortunate. Yes, of course, every country in the world is going to have workers affected by the international economy, so how do you make an argument based on that? Well, you look at the worst scenario and figure out which is wors- millions of Chinese people out of jobs, some probably will die from starvation due to the total and complete lack of social welfare or even nonprofit orgs, versus thousands of americans out of jobs, but who at least have social security and emergency hospital service.
abcg 01/15/2012 06:26 AM Report
Lovely guest. I learned a lot from her. What an intelligent and well-spoken woman! I would have liked to know more about her experiences and reflections when she first went to Columbia. Why she decided to study international affairs there, only to go back to broad-casting. Also, about the currency problem, you can tell she's following the Chinese custom of being polite by not arguing, even if it's only in an intellectual way.
REMant 10/15/2010 02:55 PM Report
THE question for China is whether it is taking the same path in development which resulted in dispossessing massive numbers of ppl and bringing about socialist movements in the first place. The numbers, themselves, are of little importance. On the currency issue see my comment re Mr Schwab and previously.