Journal VernonNemitz's Journal: If China Should Be Punished --A Modest Proposal 1
China has been repeatedly accused of various misbehaviors, with respect to the United States. Here are some examples. And here is another.
The second is harder to prove than the first. However, with respect to the first, consider the fact that China has a "controlled" economy, to the extent that everything officially exported to the USA must be approved by the Chinese Government. So, it might logically follow that the Chinese Government has deliberately pursued a policy of poisoning Americans. (Where are the reports of Chinese Drywall having ill effects upon Chinese citizens?) So, how should the Chinese Government be punished?
Thus This Modest Proposal:
According to Wikipedia, China is owed a significant chunk of the United States National Debt. What if we arbitrarily and unilaterally canceled that chunk?
The second is harder to prove than the first. However, with respect to the first, consider the fact that China has a "controlled" economy, to the extent that everything officially exported to the USA must be approved by the Chinese Government. So, it might logically follow that the Chinese Government has deliberately pursued a policy of poisoning Americans. (Where are the reports of Chinese Drywall having ill effects upon Chinese citizens?) So, how should the Chinese Government be punished?
Thus This Modest Proposal:
According to Wikipedia, China is owed a significant chunk of the United States National Debt. What if we arbitrarily and unilaterally canceled that chunk?
No-one else would lend to the USA (Score:1)
If they did it to China, why wouldn't they do it to Japan, Russia, the EU for whatever slights real or imagined.
Currency manipulation for example - EU, Japan and Russia.