China’s Leader .... ‘Worried’ Over U.S. Treasuries

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China’s Leader .... ‘Worried’ Over U.S. Treasuries

Postby Indaswamp » Fri Mar 13, 2009 6:00 pm

If China acts to save it's investment because of concerns over our ability to repay the huge sum of money we owe them...the house of cards will come tumbling down. This is a national security issue! The loaner has power over the debtor! With the printing presses running to pay for the trillion dollar bailout...our devalued dollar is becoming less and less attractive to foreign investment.

http://www.nytimes.com/2009/03/14/busin ... .html?_r=2
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Re: China’s Leader .... ‘Worried’ Over U.S. Treasuries

Postby buckmeister » Fri Mar 13, 2009 6:55 pm

That does not bother Oboma, it does not cost that much for ink and paper.
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Re: China’s Leader .... ‘Worried’ Over U.S. Treasuries

Postby Indaswamp » Fri Mar 13, 2009 8:12 pm

buckmeister wrote:That does not bother Oboma, it does not cost that much for ink and paper.


If the Chinese investment is payed back with worthless dollars...don't you think they might be just a little pissed off about it? And they definitely won't lend anymore money to fund our debt dependent government. If the United States pays all it's obligations (foreign debts, domestic debts, and entitlements)...it's a whopping $77 TRILLION currently! If the U.S. defaults, who will the U.S. turn to? The dollar will collapse, social services will be cut, or a new currency will replace the dollar. Either a sound money system with no international banker, or the push for the new world order controlled by the world bankers.... which way will it go? That is the $77 TRILLION dollar question.
The Cajun 7 Course Meal; 1 lb. of boudin and a six pack of Abita beer.

Save the Marsh, Eat a Nutria!

Never fart in your waders, it'll give you WORTS.
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