Possibly. When the world decides that America is no longer worthy of having the dollar as the reserve currency, the dollar will certainly plummet in value. For many, that will be the time to shrug.

Cool. Thanks.

That being the case, my bet would be on the yuan's value relative to the dollar to drop significantly before stabilizing.

A VIX is a derivative investment, with derivative being in the calculus sense. Which direction is the stock or commodity moving? When the stock or commodity is moving up or down very quickly, the "VIX" is high. A zero VIX would mean that there is no volatility in the price of a stock or commodity. I think that VIX stands for volatility index.

I'm an IT guy, so I'd have to have someone in finance explain to me what that is. I'm guessing some kind of investment vehicle... ?

Okydokey, thanks for the discussion.

Fair enough. It's not a battle, just an exchange of ideas.

Next time, Nick,

Sorry, we will just have to disagree I guess. I think there are enough equivalencies between China and the US to be able to safely say they have become shades of the same color.

I agree but I believe it will get much worse in the next 2 years!!

Yes, I do understand the electoral college.
Thank you for your concern.

do you understand the electoral college? We vote and it really does not change a thing, just decides which State's representative gets to vote first. And the electoral college has voted different than the common vote many times.

We are already a slave to corporation state. Either through credit cards, which you are expected to have and or required to have to buy or rent just about anything, or through Fascist regulations on insurance for whatever you are wanting to do, IE: car insurance for driving, Liability insurance for lawyers, doctors and most any business. Now mandatory health insurance, home insurance, the list goes on and on....
So unless you are taking home about $3000 clear a month you are in the working poor(corporate slaves).

With all due respect, Nick, you've oversimplified so far as to nullify reason.

There is a concrete difference between being imprisoned and having your tax exempt status held up by the IRS.

Zero,
You are missing my point, China is no more "communist" than we are "socialist" or even "Democratic" for that matter. It may have been Mao's grand idea, but I think it was just wallpaper like it has always been. It is just a way to cover up a small group who will be the power brokers in the society. No "Communist" state has ever existed that I have found, they are all just mislabeled despotic dictatorships, catering to a few "elites" and trampling the rest. You should see that our present society does much the same (we have a few elites, and the middle class that used to be the majority and backbone of the country, are now quite trampled). What I am saying is that stripped of all the pretty labels, both countries are virtually the same. The Chinese are just a bit more open in their blatent control of the right parts of the system so they can control their people. Don't you see the US is essentially the same? The Obamanation is proof of thet, the will of the people was expressed by the Congress, so he will just veto it. Sort of like the Party Chairman saying "no". No difference, just different wallpaper....

That's why I openly respect patriots of any country, even if I know we also have to oppose them utterly at times.

We'll just keep speaking up, in our respective parties. I'm sure many Tea Party members wish their respective parties (Democrat, Republican, whatever it is for them) would get the message, but they found a platform, a movement separate from their party to let their ideology be heard, feeling the mainstream in their party wasn't listening enough. Certainly true in my party as a Democratic Party member who is in the Tea Party Movement as well as an Objectivist.

Thank you. +1 for earned respect. :)

Yah I am used too losing too, except this last election.

They're all lying thieves who'd like nothing more than to save us from ourselves if only we'd give them the means to do so!

There are finally a few who may be different - but it's still sooo early. What real influence do they really wield.

God save me from Priests and Politicians.

(Oh, and lawyers, too. Gawd almighty, PLEASE protect me from LAWYERS! Ha!)

Dear GODS it's good to discuss things with an ethical person. My hats off to you.

Missed your answer - not a problem.
I get your idea and agree about country and party.
But now you know I don't support them and I vote for the least socialist member I can (I lose nearly every time).
Maybe I'll reach that point.
We'll see.

I did hear AR did not support politics but thanks for the reminder.

I am not sure I understand voting Democrat for their social position. Nor the same for the republicans. I have also voted more republican than any other party but also less than enthusiastically. Neither party is supporting limited government enough but the democratic party is all about a large government with massive spending. That I cannot support. But I would vote for one if they supported limited gov.

I reviewed this conversation and think I may have misunderstood the use of the word"it". I took it that you were saying I was supporting socialism and I think you mean America by staying in the country. If that is the case, my bad. If not then I stand with my comments and we may have to agree to disagree and move on.

I do see the parallel you are trying to draw but I do not believe them a good comparison. Much more difficult to leave a country than a political party. Personally I don't understand belonging to any party. I support candidates that believe in limited government no matter what party they belong to.

I believe I answered your question a couple responses back when you asked about leaving the party if a religious group tried to take over a party. I did not find any question you asked me twice so I cannot pinpoint if that was the question. Please let know what the question was if that was not it and I will provide an answer.

I'm not the one calling China "communist", it's not some pejorative I've flung out in angry haste.

THEY call THEMSELVES that. Proudly. As a profound morale and political division from the West.

But Communism is slavery. Nothing less.
It is EVIL, inherently dangerous and must be opposed.

You really don't see the difference between a left-leaning America and a full-on Communist Superpower?
Do you remember WHY you oppose Socialism in America when you dismiss concerns about Communist China.

----
No doubt you say the difference is that we're moving toward Socialism while they're moving toward Capitalism.

I say "Show me."
Show me what progress they've made. Political progress that is.
How long has it been? Decades. Long enough for them to grow into the world's largest economy.

So after all that time - all that growth - how much closer is Tiananmen Square to fruition.
Show me the cracks in their totalitarian state.