1 posted on
08/07/2007 10:52:07 AM PDT by
blam
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To: blam
He Fan, an official at the Chinese Academy of Social Sciences, went even further today, letting it be known that Beijing had the power to set off a dollar collapse if it choose to do so.But what happens when you know what hits He Fan?
To: blam
I hope they do. We need to rid ourselves of their threats now. We should never have given the MFN status and dropped our tariffs in the first place. What ever disruption in our economy they cause will force a correction that should happen anyway. Better now than later.
62 posted on
08/07/2007 5:48:58 PM PDT by
Nachum
To: blam
Dumb knee jerk reaction on China’s part. We will take our time... close opportunities here... a little there.... slowly we’ll block China from all sorts of economic gains... before long they’ll be on the outside looking in.
66 posted on
08/07/2007 6:23:22 PM PDT by
Porterville
(I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
To: blam
I say come get some. If China devalues the dollar, I say we “bust it founding fathers style” and dump every bit of Chinese merchandise into the sea. Hell, I’ll help block a port brining in Chinese goods. That’s my nuclear option. Start crushing their economy like a fortune cookie.
68 posted on
08/07/2007 7:44:58 PM PDT by
Big Guy and Rusty 99
("A nation which can prefer disgrace to danger is prepared for a master, and deserves one" - Hamilton)
To: blam
So let’s declare all Chinese imports banned.
This p*ssing match is going to happen at some point.
Let’s get to it. Right now.
To: ex-Texan; Eastbound
When the notes come due....
73 posted on
08/07/2007 9:50:36 PM PDT by
Calpernia
(Breederville.com)
To: blam; Calpernia
Dumping USD is what Beijing has been up to all along. But they will first dump them here in the U.S., buying up all sorts of hard assets: toll roads, bridges, banks, real estate, farms and whatever else makes them happy. Funny idea, isn't it? The good old US of A not being owned by the people here. We have been stupidly selling it off to the highest bidder for the past 35 years.
"Greed is good." -- Gordon Gecko.
76 posted on
08/08/2007 12:19:26 AM PDT by
ex-Texan
(Matthew 7: 1 - 6)
To: blam
This story brought to you by the people at Lear Financial.
82 posted on
08/09/2007 7:15:49 AM PDT by
sono
(“This concludes our coverage.” Finally, Overbite speaks sense.)
To: blam
While most of economic “science” is just voodoo BS, supply and demand actually works. If the Chinese flood the market with bonds, the value of bonds will go down and the Chinese investment will go into the crapper. That would hurt the Chinese as much as anybody.
Let’s see... Value of dollar drops. Chinese products more expensive. Americans buy less Chicom crap. China economy tanks.
Conversely... Chinese products more expensive. US products become more competitive. US consumers buy US products. US economy soars after brief recession. Dollar recovers.
Long-Term results... US economy strengthened. Consumers soured on Chinese products. Astute investors have great retirement.
While it might cause a temporary recession, it would create some great buying opportunities for long term investors.
83 posted on
08/09/2007 7:29:54 AM PDT by
Poser
(Willing to fight for oil)
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