Tom Paine 1949
Diamond Member
- Mar 15, 2020
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- #81
Infantile fools like Zorro! are not capable of intelligent conversation about serious geo-political issues not only because they are ignorant and inexperienced, but also because they are consumed with false bravado and refuse to recognize basic reality.
There is also the question of integrity. In comment #74 he quoted my link “The yuan has strengthened more than 6% since late May and just closed its best quarter in a dozen years ...” and then ridiculously paraphrased it as "Strongest in a dozen years?" But that is not at all what it said! He then adds characteristically “What a load of Lying Slaver Outlaw China Cheerleader crap” — and provides a completely irrelevant chart.
Zorro! is either obfuscating or doesn’t understand simple economics, as the Reuter‘s reference obviously was to the last quarterly change, discussing only the recent past and projected future. Zorro! seems to think the absolute exchange rate between two currencies by itself somehow indicates relative strength of their economies! He seems to miss completely the fact that China’s industrial capacity (now far surpassing the U.S.) and its GDP (now approximating ours) have advanced enormously over the last 12 years — while the Yuan/Dollar exchange rate overall has remained almost unchanged. How can one have an economic discussion with such a nincompoop?
There is also the question of integrity. In comment #74 he quoted my link “The yuan has strengthened more than 6% since late May and just closed its best quarter in a dozen years ...” and then ridiculously paraphrased it as "Strongest in a dozen years?" But that is not at all what it said! He then adds characteristically “What a load of Lying Slaver Outlaw China Cheerleader crap” — and provides a completely irrelevant chart.
Zorro! is either obfuscating or doesn’t understand simple economics, as the Reuter‘s reference obviously was to the last quarterly change, discussing only the recent past and projected future. Zorro! seems to think the absolute exchange rate between two currencies by itself somehow indicates relative strength of their economies! He seems to miss completely the fact that China’s industrial capacity (now far surpassing the U.S.) and its GDP (now approximating ours) have advanced enormously over the last 12 years — while the Yuan/Dollar exchange rate overall has remained almost unchanged. How can one have an economic discussion with such a nincompoop?
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