Posted on 05/27/2009 11:52:28 AM PDT by Kartographer
"I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasuries. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the United States," he told the Wall Street Journal.
(Excerpt) Read more at telegraph.co.uk ...
...As if they have not been printing money this whole time with no reserves. Bunch of commies.
When you are from Indonesia, it’s a big step up.
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UM, our treasuries are their reserves.
the chinese commies are more right wing than US democrats
Don’t worry. When the SHTF, the Chinese will simply be given large chunks of the land of the USSA.
Don’t worry. When the SHTF, the Chinese will simply be given large chunks of the land of the USSA.
a deterrence policy of Mutual Assured Destruction with green ink...
Ok with me! Let’s give them ‘Kalifornia’ and New York, Oh hell the whole NE would be fine by me.
Yes, exactly. It’s a big ponzi scheme.
What does them printing money have to do with anything? We aren’t buying their fake money, they are buying ours. It’s a lecture by them on principles.
Apparently, obama is too far left for the Communist Chinese government. I suspected as much a year ago but didn’t expect China to notice so quickly. Unlike obama, they must want to survive.
The Feds printing money just to buy our own treasuries which drives the rate that those treasuries pay down sharply.
The hyper inflation that is a likely result of this form of quantitative easing.
They are using their fake money to buy our good money.
It's a fair question. It's a damned shame that we need to get lectures from the Chinese Communists about fiscal responsibility...and they're right!
Too late. We're already there! Don't cry for me Argentina!
“lectured ... by the Red Chinese”
You papah-tigah, lunning dog, puppet hyenas no heah of infration?
Shhhh...don’t tell anyone, but a very good case can be made that China has a fascist government. BTW, Actually printing money is sooooo last century, it’s all done electronically now.
They should talk. Haven’t they been pumping counterfeit dollars into the mix for years?
A $99 Trillion commitment?!! That is so utterly amazing and would be funny if it wasn’t so tragic. I’m already planning on working well past 62. That $99 Trillion just isn’t going to be there.
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