Recent content by RZTrader

You got to be kidding me... The only thing keeping the US dollar afloat is it's ability to buy things and it's widespread acceptability and recognition as a currency... and you are suggesting it to declare a default on 1.3 billion people and the "manufacture of the world"?? That is so...

The US dollar remaining the reserve currency it is now is untenable given the way the world has developed. We are no longer in a cold war, no longer in a post-colonial era, and no longer in a clearly divided developed vs third world era. Technology, innovation, and knowledge are now too...

Hi, Do you know if we can get this through Laser's API: Opening price, high of day, low of day, yesterday's close

If the US treasuries are worthless, the US dollar is worthless.

Math and science have an extremely high bearing on a future of a country. Have you forgotten how China fell behind the West? Precisely because it got behind in math, science, and technology. Are you suggesting the US do the same and rely on "talk" to keep ahead? ... thanks for the advice Mr. PHD.

It is amazing for a PHD to make this kind of statement - to diminish the importance of high school math and science when we know that it is those skills acquired in those years that form the very foundation of any further education, which is then the basis for any scientific and technological...

This bitterness is not in my mind, but is pervasive in your words. As for what is my business, here in north america, we have freedom of speech, so I say what I want.

It is sad that having spent half your existence there, you have learned so little, and only managed to bring back bitterness and prejudice. Just make sure not to transfer that to your kids. Whatever your prejudices are, there is a new world order in the making and that new world order...

It is obvious that you have a lot of misconceptions and prejudice about the chinese, but let me give you a heads up: the chinese culture is one of the most entrepreneurial, risk-taking, capitalistic in the world and throughout history. They know how to do business and are good, very good at it...

It is a fallacy to say that people with a structured mind and a good education are less capable of creativity. In fact, in order for creativity to be turned into a successful endeavor, it takes quite an amount of discipline, education, and hard work. All this to say that the japanese...

If the chinese were to lose their investments, it would mean that the french, japanese, saudis, brazilians, all the rich people having their investments in USD will lose. The first losers will not be the chinese, it will be the americans with a complete wipeout of their savings and buying power...

A lot of our infrastructure here is getting old and would need renovations... but we can't afford it. Not only are we out of money, but wages here are way too high compared to the chinese... their 586 billion will go a long way, given that they pay those road workers such a low wage... it won't...

I agree that China is walking on a thin line and that along the path of reform/modernization many things can go wrong. But I think that the country is moving in the right direction and that the risk of implosion is no greater than India imploding to use a comparable. In fact, China doesn't...

The chinese will diversify their export market, that's all. They will sell more to southern countries instead of northern countries - especially as the currencies of southern resource-rich countries gain value and as their markets grow. As for maintaining stability: there are many ways to...

The only reason why the Chinese need to sell to the US is to get USD currency. And the only reason why they need USD is because it is accepted as the standard for goods exchange. If the USD is no longer the standard currency, why would they sell to the US anymore?? To accumulate a much less...