Posted on 03/29/2006 7:32:56 PM PST by buglemanster
How much?
All this is going to collapse at some point. It's going to make the Enron bankruptcy look like pocket change.
Those currency reserves going to be worthless if the Chinese start something with Taiwan. The Chinese would also have their U.S. investments confiscated if they started something.
Something I read a long time ago. If you own the bank a litlle, the bank owns you. You own the bank a lot of money; you own the bank. Same thing here.
850 billion each to China and Japan, given that almost all of those FX reserves are in US treasury obligations.
Only if you make stuff up, like good old Lurking.
Do you understand what "foreign reserve" means? It's all the foreign currency they own, not just dollars. Did you misread the article? Do you think it said all their reserves are in dollars?
This country has a death wish. Either through "free trade" or massive uninhibited immigration, it has a death wish.
Maybe we don't as it's people, but those maggots in Washington sure have an agenda.
I weep for our grandchildren who will one day wake up as slaves on the continent conquered by their ancestors.
its a large enough number of dollars that if they tried to sell them, even slowly over the course of years, they would destroy the international purchasing power of the dollar. How's that?
Its a big problem, for us and perhaps even moreso for them.
That's funny!
How's that?
Remarkably uninformed. Embarrassing.
Sounds pretty scary. China's State Owned Enterprises (SOE's) and Joint Stock Ventures have been miserable failures. Maybe that's why 60% of all China's exports to the US are produced by firms owned by foreign companies, many of them American. As a matter of fact, foreign-funded enterprises (FFEs) account for about 55 percent of China's total exports. This dominance by foreign firms is even more pronounced when considering advanced industrial exports. For example: In 2003, FFE's accounted for 79% of all China's exports of industrial equipment; 92% of all exported computer equipment and 74% of all electronics and telecom exports. This level of dominance is reflected in almost every other advanced industrial sector in China.
Someday China may export more manufactured goods than we do but the majority of it will be done by companies that are not owned by Chinese or the Chinese government.
Guess the world isn't willing to pay someone $65/hour to pound on hubcaps.
Ok, given that what I just said is pretty much the opinion of everyone on the planet who's looked at it, perhaps you can elucidate for me what the ultimate disposition of those accumulated reserves is likely to be, and how large those reserves will grow between now and the time that disposition occurs. Enlighten me, oh great one!
That's miniscule comparing the total population of Asia (which includes the Middle East, Central Asia, South Asia and Pacific Islands) versus that of Mexico.
Quit ranting here, you are an Indian nationalist and your agenda is obvious, it makes you look foolish to call anyone a troll for you are the ultimate troll. If you have nothing important to contribute here, then stay out, don't barge into every single China-related thread and spew crap. You wouldn't know what propaganda is even if it hit you with a 4x4.
Kinda new here to be ordering people off threads, aintcha?
I am sorry but indcons has been going into every thread calling people names, etc. for the last 2 weeks. He adds nothing to the discussion.
Apparently pointing out facts can get you banned, censored on FR. Some "Free" republic.
No one's forcing anybody to stay.
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