Posts Tagged China
How come USA is super power even though it has trillions of dollars in debt ?
johnpau2009 asked:
I keep hearing in news that USA has trillions of dollars in debts to china.
I keep hearing in news that USA has trillions of dollars in debts to china.
1)Then how come USA is still a super power and everyone in the world come to USA to make there dreams come true.
2) If China has so much of money to lend to USA , then why is there country in poverty compared to USA ?
3) Why do then people in China come to USA as immigrants still ?
Is it possible USA to compete economically in the near future with countries like China and others?
hayabusa asked:
These countries produce goods much much cheaper than in USA.
Will it be possible to keep paying high us $ salaries to workers in USA compared to other developing countries ???
These countries produce goods much much cheaper than in USA.
Will it be possible to keep paying high us $ salaries to workers in USA compared to other developing countries ???
Other than USA and Japan, none of the developed nations have the technological edge?
asked:
In several areas of technology and innovation, the USA and Japan (and to some extent, Germany and Sweden too) are far ahead than the rest of the world. And we never hear about any technological invention come out of the UK or Australia or Canada or France or China.
In several areas of technology and innovation, the USA and Japan (and to some extent, Germany and Sweden too) are far ahead than the rest of the world. And we never hear about any technological invention come out of the UK or Australia or Canada or France or China.
How come USA and Japan are far more technologically advanced than the other developed nations in the world?
What would happen if the USA de-valued its currency on purpose to increase its exports?
R B asked:
China lowers the international value of its currency so that its exports are super-cheap! The USA used to have currency backed by gold (see the Bretton Woods Agreements) but now market fundamentals MAY finally be catching up with the USA. (Maybe. Maybe not.) Exporting more than we import would certainly help the economy in the long term.
China lowers the international value of its currency so that its exports are super-cheap! The USA used to have currency backed by gold (see the Bretton Woods Agreements) but now market fundamentals MAY finally be catching up with the USA. (Maybe. Maybe not.) Exporting more than we import would certainly help the economy in the long term.




