[Kozak]

To the extent they bother to buy our T-Bills, this will merely exacerbate the long-term balance of payments problem...because they still own the capital, and can demand it back...plus we...the taxpayers...will be milked for the interest and the return of the capital. The T-Bills are just being sold to continue the federal ponzi scheme import consumption frenzy.

" You owe the bank a thousand, the bank owns you. You owe the bank a million, you own the bank...."

If China gives us too much sh#t in the future, we leave them holding a big wad of TP.

[palmer]

If China gives us too much sh#t in the future, we leave them holding a big wad of TP.

And how much TP do you think it will take at that point to buy a barrel of oil?

[lucysmom]

You owe the bank a million, you own the bank...."

How did that work out after the savings and loan crisis?

[Paul Ross]

If China gives us too much sh#t in the future, we leave them holding a big wad of TP.

This mistaken idea has been advanced by the phoney free trade apologists before. But it doesn't fly.

China already doesn't care about the money...they refuse to buy our manufactures. They want to get a hold of our industry and technology, and then bankrupt what's left. What happens is that we'll be the ones holding a pile of toilet paper, because the strong dollar will crash. Right through the floor. Imagine wheel-barrows of $20s needed to fill up your car with gas. This has happened, without fail, to countless bananna republics before. And we have an administration hell-bent on seeing if it applies to the U.S. too...