China Yuan Pillages US Dollar By Approx 200 Billion Yuan A Year Equals 4 to 5 Trillion Over 20 Years
In a recent google article China’s press states that President-Elect Trump is pillaging other countries for US prosperity.
Then I started to reflect on the trade advances President-Elect Trump had already made for our country, before even becoming president.
Carrier, an old established American air condtioning company, has only recently decided to keep a 1000 jobs here in Indiana. With President-Elect Trumps help, the established American Company will not be relocating these jobs to Mexico.
Then I thought back to the call Mr. Trump recived from Ford’s CEO, and his decision to keep his upscale Lincoln, here in the USA, instead of having it made in Mexico. In fact, the CEO, is considering bringing the entire Ford line back to the USA for production.
Apple, another American Company is considering bringing back some manufacturing of the cell phone. They would be using the Chinese Company, which they have used in China.
Finally, Masa Bank of Japan is planning on investing 50 Billion Dollars in new businesses, creating 50,000 new jobs, right here in the USA.
Pillage is how the Chinese Press considers our President-Elect’s ability to communicate and reconnect with well established businesses inside, and outside of our country. Pillage, that means stealing. I personally don’t see any stealing here. No, simply a president that cares for the American People. A president that sees the injustice that has occured for the last over 40 years in our once great country. The injustice, of allowing our manufacturing jobs to be given away to other countries. It is so simple to see, so simple to understand, that this so called free trade has almost destroyed our country. Stealing, no China, this is not stealing, its simply doing good old fashion business, the old fashion American way..
With a President that really knows how to communicate with both countries and businesses. This is now showing very quickly what a winning combination this will be.
Now, lets look at what pillage actually is. The Economist compared the price of a McDonalds Big Mac around the world. The hamburger was averaging $2.73 in five Chinese cities. In the USA it was selling at $4.80.
This proves that the YUAN is undervalued by a huge 43% Another word for pillage is steal. China has been stealing from the USA for over twenty years. We are looking at approx 4 to 5 trillion dollars. So, whose pillaging who?
D. G. Wendt
