Posted on 04/17/2009 7:02:08 PM PDT by FromLori
If they cannot borrow it, being democrats they will just print it.
bookmark
The dollar is still preferred to any other currency... and since we don’t want a new global currency we need to President Obama (and frankly President Bush43’s) policies to have not done irreparable harm.
even if china wants to buy the bonds, they can’t because they dont have the enough usd from chinese product they sell the the usd. Americans are buying less, so China have less USD to recycle them into t-bills
guess what? the Chinese are buying copper, zinc, aluminum, and many other metals and resources. It cleverly gets them out of holding dollars without blatantly buying gold or holding treasuries.
I saw an article on here about the chinese doing that, and maybe starting to do copper instead of a gold standard? I don’t really understand alot of this stuff, but I kinda figured that could be a problem....
Is this were “we” opt for a North American currency (Amero) rather than a global one?
I’m not familiar with this guy...others might be...but what he’s saying sure rings true:
Collapse of US Dollar and the Amero
I’m curious, if anyone actually watches the video in my post above...if you disagree or think his premise is far fetched...can you help me understand why...cause it sure seems to me like he’s right on the money (no pun intended). Thanks.
I don’t know if they will call it the Amero lol I think they may think again after all the outrage about the SPP - NAU etc. it rings true to me too just on common sense factors...yikes!
I believe that the destruction of the dollar AND the US economy is part of the master plan being promulgated through the bamster by his masters.
No one can seriously believe that 0 of the dims have any intention of leaving the USA intact, can they? Aside from the MSM morons and the sheeple of course.
>>even if china wants to buy the bonds, they can’t because they dont have the enough usd from chinese product they sell the the usd. Americans are buying less, so China have less USD to recycle them into t-bills<<
Well they have $2 trillion in reserves and they are still increasing , just slower.
If they want to they can stick it in their cap and call it macaroni. It still won't be worth sh*t.
Its really easy...we’ll just borrow from ourselves to pay back the debt...</sarc>
They might be right.
What kind of choice are we going to have, if China doesn’t want to, or simply can’t, fork over the cash to keep funding our addiction? It’s not like Americans and our government are going to suddenly learn frugality. The only alternative will be hyperinflation.
Ya know, we have a bunch of dumb son of a @#$!#$ running our government.
This is just bad. Real bad.
We allow a communist country like China to control us via monetary arm twisting.
Oh my, that is the single most scariest thing I’ve ever seen. I so hope to the good lord above he is wrong.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.