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1 posted on 01/27/2011 9:39:11 PM PST by FromLori
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To: FromLori

or we can just give China the middle finger when they try to claim their assets.


2 posted on 01/27/2011 9:58:27 PM PST by Hammerhead
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To: FromLori

ping


3 posted on 01/27/2011 10:00:57 PM PST by unkus
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To: bruinbirdman

Ping. There might be some interesting points in the piece re. strategy.


4 posted on 01/27/2011 10:01:57 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: FromLori

This guy misses the point completely. China could dump the dollar, but it would hurt them. Not just because of their reserves, but because they can’t sell their products to the U.S. if they are too expensive.


7 posted on 01/27/2011 10:41:23 PM PST by nickcarraway
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To: FromLori

China is taking our fresh water from the great lakes. Fresh water is the new oil and China doesn’t have enough of it.


18 posted on 01/28/2011 2:44:56 AM PST by vanilla swirl (We are the Patrick Henry we have been waiting for!)
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To: FromLori
Theoretically interesting -- and, I suppose, possible.

But abandoning the dollar (and by extension, the US) loses them their primary export customer and causes a cascade of recessions around the world. Of course, they can get out of the dollar if they want -- but they are not a foolish people.

20 posted on 01/28/2011 5:48:09 AM PST by BfloGuy (It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
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To: The Comedian

ping

I thought you might find this interesting


27 posted on 01/28/2011 7:12:46 AM PST by FromLori (FromLori">)
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To: FromLori

I guess E&I bonds are the better bet then because they’re at least a holder may redeem them without a discount.


31 posted on 01/28/2011 7:39:22 AM PST by MSF BU (YR'S Please Support our troops: JOIN THEM!)
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To: Bullish; CJ Wolf; houeto; Quix; B4Ranch; Whenifhow; Silentgypsy; blam; FromLori; Lurker; ...
Hu-do-you-think-you're-kidding ping.

"Economic Holocaust" ping.

Increasing volume ping list watching the slow motion Economic Holocaust.

FReepmail me if you want on or off
The Comedian's "Economic Holocaust" ping list...


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

32 posted on 01/28/2011 7:43:27 AM PST by The Comedian (Stop voting for The Government Party)
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To: FromLori

In the event of a 1929-style crash, whoever has cash and hard assets can buy stuff here really cheap.


39 posted on 01/28/2011 10:56:20 AM PST by PapaBear3625 ("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
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To: FromLori
nothing comes close to the dollar paper market for depth).

That should be the tip-off right there...

40 posted on 01/28/2011 9:52:03 PM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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