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To: crghill
If China launched economic warfare, the U.S., with the stroke of a pen, would cancel the debt they hold!

They chicken Little's don't understand that. I remember Alan Greenspan saying that in so many words when asked around the time of the Chinese plane bumping incident.

87 posted on 11/30/2006 1:01:56 AM PST by AmericaUnited
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To: AmericaUnited
If China launched economic warfare, the U.S., with the stroke of a pen, would cancel the debt they hold!

If this were true then Aregentina could have just thumbed their nose at the World Bank.

But their currency was devalued and their bonds downrated.

This is what is happening to the dollar.

We are following Argentina down the rathole.


BUMP

255 posted on 12/03/2006 6:22:46 AM PST by capitalist229 (Get Democrats out of our pockets and Republicans out of our bedrooms.)
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