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To: Greenpees

Actually, the Chinese are quite worried about the US. They currently hold about $350 billion in US debt and don’t want to see the dollar slide any further because that will make their debt worth less. OTOH, Obama is doing all he can to destroy the wealth that the people have accumulated by inflating the dollar.


10 posted on 07/03/2009 4:59:27 PM PDT by Blood of Tyrants (Socialism is the belief that most people are better off if everyone was equally poor and miserable.)
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To: Blood of Tyrants; All
"Actually, the Chinese are quite worried about the US. They currently hold about $350 billion in US debt and don’t want to see the dollar slide any further because that will make their debt worth less. OTOH, Obama is doing all he can to destroy the wealth that the people have accumulated by inflating the dollar."


13 posted on 07/03/2009 5:25:49 PM PDT by musicman (Until I see a REAL C.O.L.B. BC, he's just "PRES__ENT" Obama = Without "ID")
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