Tom Winnifrith Quotes

We need to understand as a nation that you can't forever expect somebody out there, whether it's China or somebody in England, to say, 'I will always take America's debt no matter what.'

The United States is rapidly becoming a colony of Japan.

We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it's certainly right from a moral viewpoint.

That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.

The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.

We welcome Chinese investment in the United States with open arms.

Who owns the assets of our Nation? Increasingly, foreign interests own our assets, and we owe them money. No wonder people think our country is headed in the wrong direction. It is.

The United States is a bankrupt nation. It owes the world 14 trillion dollars, and it is truly able to finance itself and the war and the supply of arms to Israel, through the money that is lent to the United States by rich countries, some of which are Muslim countries. And if you stop using the U.S. dollar... Even if you want to sell oil, you can continue to sell oil, but insist on being paid in euros, or yen, or whatever... If you do that, then the U.S. dollar will not be half the value that it has today, and if it doesn't have the value that it has today, it cannot spend money producing arms

We're part of a global economy whether we like it or not.

For a generation accustomed to thinking of the United States as the world's leading industrial power, something was lost when the U.S, became the world's largest debtor.

New Zealand obviously is fully integrated into the global economy.

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

If the United States loses the economic weapons of control, it is very much weakened.

We're living through the twilight of American economic dominance.

If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.

In the field of economy, for instance, we … members of the developing world follow the currents of globalization, with conditions set by the rich countries, and at a speed dictated without our slightest input.

A global economy is a fact of life .... No politician can promise to protect you from it.

National security must include international economics as it became clear that the U. S. economy was powerfully affective by economic policies in dozens of other countries.

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States

American policymakers have a choice to make in trade relations with China. They can side with the importers and outsourcers, and stand by passively as China takes advantage of its WTO membership and access to the U.S. market, abusing its own workers and artificially undervaluing its currency in order to undercut American workers and domestic manufacturers. Or they can take a stand for American jobs and act now to ensure that China plays fair in the global economy.

Does it make any sense to borrow money from China to give it to the unemployed I America? This weakens us.

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

We are only 5 percent of the world's population and 20 percent of the world's economy. We have to be able to trade in order to grow.

China can be our partner, but that doesn't mean that they can just roll all over us and steal our jobs on an unfair basis.

A trade war would be a disaster for the world. It's very easy to slip into a trade war.