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To: NordP
China owns almost $1 trillion of our debt. China is the biggest creditor nation and we are the world's biggest debtor nation. When China talks, we listen. If they stop buying our debt or start cashing in their T-bills, they could cause economic chaos in this country.

We had better get used to it. We are kowtowing with our begging bowl. Tibet is no longer an issue.

7 posted on 10/05/2009 9:25:12 PM PDT by kabar
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To: kabar
Tibet is no longer an issue.

And the only positive thing about it is the fun to be had watching the Left attempt to turn and twist this snub into a POSITIVE for dear leader.

9 posted on 10/05/2009 9:29:21 PM PDT by ARepublicanForAllReasons (Give 'em hell, Sarah!)
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To: kabar

So sad. No wonder they don’t want to trust us with the world’s currency standard. Blast those that did this to us.


12 posted on 10/05/2009 9:34:13 PM PDT by NordP (Democrats: Break the Law (like Bill) ... Not The Rules (like Joe) !!!)
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To: kabar

Last I checked China was still busy cranking out cheap junk to sell to us, albeit at a slower rate than during most of the Bush years. China would not want that to stop either. As a result, I would say that we and China will be locked in this crazy dance well into the foreseeable future.


18 posted on 10/05/2009 9:50:59 PM PDT by HiTech RedNeck (ACORN: Absolute Criminal Organization of Reprobate Nuisances)
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To: kabar
China owns almost $1 trillion of our debt. China is the biggest creditor nation and we are the world's biggest debtor nation. When China talks, we listen. If they stop buying our debt or start cashing in their T-bills, they could cause economic chaos in this country

Didn't stop George Bush from being friendly and accommodating to the Dalai Lama

The good part is Obama is shown to a rat to his supporters. Many of whom like the Dalai Lama
Maybe Richard Gere wants to take back his Obama vote

34 posted on 10/06/2009 12:36:12 AM PDT by dennisw
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To: kabar
China owns almost $1 trillion of our debt. China is the biggest creditor nation and we are the world's biggest debtor nation.

Japan is still the world's largest creditor nation. Its net international investment position, while slipping 9% from last year, is still about double Red China's. See table 5, page 9, of the Bank of Japan's most recent version of its annual IIP report Japan's International Investment Position at Year-End 2008 for a list of countries and their net international investment positions.

35 posted on 10/06/2009 1:12:28 AM PDT by snowsislander (NRA -- join today! 1-877-NRA-2000)
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