Cartoon: Da Bears Talk China Currency Manipulation

Who says the xtranormal bubble has popped? Today we present the latest "bearish" cartoon with one particular take on Chinese currency manipulation. While we don't necessarily agree with the argument that Chinese monetary policy is the "single most protectionist policy in the world" as China is merely holding up a mirror to the Fed's own monetary tools, it does provide some entertaining perspectives. On the other hand, the observation that China takes 6,000 jobs for every billion dollars in incremental trade deficit, is spot on.

h/t Dylan Ratigan

Comments

[Kayman]

Prophet

You will be paying for public employee pensions at the point of a gun.  The gun will be held by a public employee- a policeman.

[Sinestro]

Here's another cartoon on Investing for Retirement:

http://www.youtube.com/watch?v=YC-H5oczV1o&feature=youtube_gdata_player

[FatFingered]

A nation that has the benefit of printing the world's reserve currency will at some later date realize it is a curse. 

There is still time.  Americans can work for minimum wage or higher at the same time as reducing their standard of living to that of the average Chinese, BTFDs, and they will still have a great unfair atvantage over most of the world.  Rice and an occasional bean baby!

[nachtliche]

The benefit of using a cartoon avatar is you don't have to have integrity, or stand by your reputation. They were cute at first, but they are poisoning the well mixing in ignorance and bad info. Lastly the immaturity level shown on these videos is growing greatly, making them unrespectable and worthless.