To: Kaslin
They have our money and they are still bankrupt?
We need to print more...
2 posted on
11/16/2011 8:25:11 AM PST by
null and void
(MSGT Dean Hopkins USMC (ret) WWII-Korea-Vietnam 11/9/1925-10/22/2011 My hero, my Dad)
To: null and void
There is no such animal as GAAP in China..we have no way of telling if they are making any $$$. Most industries, that employ the vast majority of Chinese, are either run by the PLA, and/or cronies of the ChiComs...maybe we need to start speaking of “crony communism”..and they are bleeding billions....
5 posted on
11/16/2011 8:31:26 AM PST by
ken5050
(Perry/Gingrich 2012!!)
To: null and void
Sounds like they need to kill more of their offspring.
That’ll solve it... at least, that’s what I’ve heard libs say...
9 posted on
11/16/2011 8:34:27 AM PST by
MrB
(The difference between a Humanist and a Satanist - the latter knows whom he's working for)
To: null and void
They have our money and they are still bankrupt? It means they are going to need to sell our T-bills in order to buy peace at home.
12 posted on
11/16/2011 8:36:28 AM PST by
PapaBear3625
(During times of universal deceit, telling the truth becomes a revolutionary act.)
To: null and void
China owns a large number of our Treasury bonds, which they can sell in exchange for devalued dollars. And when the Fed proceeds with QE3 (and they will), they can monetize more of our debt, driving the dollar even further down. Oh yes: this is all going to end so well.
19 posted on
11/16/2011 8:41:42 AM PST by
andy58-in-nh
(America does not need to be organized: it needs to be liberated.)
To: null and void
They have our money and they are still bankrupt? Funny, that. They also have our debt - which means we have their money - and we are nigh unto bankrupt.
They make stuff, we give them money for it, they give the money back in exchange for bonds which won't be paid. Both are bankrupt. Where'd the money go?
30 posted on
11/16/2011 8:56:43 AM PST by
ctdonath2
($1 meals: http://abuckaplate.blogspot.com/)
To: null and void
They have actually been cooking the books for years. They are uber dependent on slave wages and manipulated currency. The global Depression, that is what it is, has squeezed them worse than anybody.
The more debt they buy the broker they get,. No one is going to pay them back and there isn't a damn thing they can do about that.
45 posted on
11/16/2011 9:22:52 AM PST by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: null and void
oh yes, China needs our money to continue upgrading their military. Obozo to the rescue!
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