Posted on 08/07/2007 10:52:02 AM PDT by blam
Who will they sell to?
Regards
The Clintons and the Chinese have always gotten along well.
It will not be long before they turn the tables. China is going to beat us with our own stick.
Only a fool wouldn’t have seeen this coming.
Why didn’t you include Bush. He is buddy with them too.
Hmmmmmm. The yuan is tied to the dollar. If they nuke the dollar, they nuke themselves.
Unless they float the yuan, which is what we want them to do in the first place...
Did I get that right?
Destroy the dollar and they destroy their largest buyer of goods. How will all the corrupt Chinese officials feather their nests?
I hope they call it ‘operation footbullet.’
That will be the impact to China.
Count on commies not to grasp the basics of economics.
We could try physical nuke-yew-lar options.
Aw, who cares? We’ll just print even MORE money! Wheeee!
Noboby saw this coming - sheesh
They certainly know how to get the U.S. Congress to react —make threats about money.
Besides, if they want to do that, we could pretty much singled-handedly put the whole country on unemployment. Probably everything they make is sent to the U.S.
And if they dump dollars, who will buy from them? They have more to fear from internal unrest than pretty much anyone, and if we can’t afford to buy Chinese goods, the Chicoms are going to have hundreds of millions of unemployed city dwellers to deal with.
As I said, by hurting us they would virtually tank their own economy given the amount of merch we import from them.
It ain’t gonna happen
Amazing how they pulled a Hilary quote out of their hat...
A word of warning, China, Americans have one heck of a long memory. There are still people who will not buy Japanese made goods. Nor German cars. I have heard more people ask about source countries at markets, gift shops, even stationary stores, seeking to avoid ‘made in China’.
You do not want to see what this is like on a national scale. Your possible joy over ‘bringing the United States to it’s knees’ can have consequences for half a century into the future. No matter what, our economy will recover. Will yours?
“I hope they call it operation footbullet. That will be the impact to China. Count on commies not to grasp the basics of economics.”
They need to ask themselves: “Do you hurt the debtor or the lender by decreasing the relative value of the debt?”
Probably save all those people who have too big mortgages, too.
Sucks to be Sallie Mae, et al, but I don’t care.
They have a special relationship.
—A bill drafted by a group of US senators, and backed by the Senate Finance Committee, calls for trade tariffs against Chinese goods as retaliation for alleged currency manipulation.—
Max Baucus (D - Mt.) is the Chairman. He is up for re-election in 2008. This tension may be more bluster than substance, both on the RATS’ and on China’s part. But stranger things have happened...
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