Keep an eye on China

aristotle

Veteran Expediter
News reports today state China is becoming very concerned about the security of American treasury notes. Seems they may be reluctant to loan us much more money. Wonder what happens to the U.S. economy when the money dries up?
 

pjjjjj

Veteran Expediter
I was talking to someone a couple weeks ago who said 'the US is going to be bankrupt, if they're not already'. So, I asked, 'What will happen then?'
His reply.. 'Nobody knows, cuz it hasn't happened before'
Jeez... so what now? I just mailed away for a chinchilla pelt :)
 

aristotle

Veteran Expediter
While China has been busy growing and actually producing things, America has been living on a credit card. We are a spoiled bunch with a difficult future.
 

iceroadtrucker

Veteran Expediter
Driver
Yup China called The US a Paper Tiger.

They harassed our surveillance ship.

Next thing they will be knocking on Ur door so to speak.

Hey when Red Dawn was made they changed the names.
Think about it.

Any Time any where Bring it.
Gorilla war fare and close quarters combat.
 

layoutshooter

Veteran Expediter
Retired Expediter
China has got back into bed with Russia too don't forget. They are having a 3sum with Iran. North Korea is right there too. Russia is expanding in Central and South America. China is helping North Korea launch a satellite and cracking down even harder in Tibet. What are we doing? Passing out red "smiley buttons" and DVD's. I am sooo pleased to have this sack of turkey dung in charge. Layoutshooter
 

XTeam

Seasoned Expediter
layoutshooter,
I'm going to hide out in Chilhowie, Virginia. Where's that? Thats my point.
In the hills, behind the cow barn!
Linda
 

Turtle

Administrator
Staff member
Retired Expediter
Any Time any where Bring it.
Gorilla war fare and close quarters combat.

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bluejaybee

Veteran Expediter
The one with his back to you is IceRoadTrucker. See dem buttocks. He stays in shape by walking. Remember? hehehe!
 

RLENT

Veteran Expediter
Next thing they will be knocking on Ur door so to speak.
They already knocked ..... you just didn't hear it ..... think about that ....

Any Time any where Bring it.
The time already was ... and they already brought it .... but you failed to show up for the dance ......

Gorilla war fare and close quarters combat.
You didn't stand a chance ...... simply because you failed to understand what the war is/was .....

It wasn't military, it was economic .....

One can fight an economic war, and by winning, achieve the same degree of conquest ..... without ever firing a shot.

We gave them the money to buy our debt (by purchasing their products, as opposed to our countrymen's) ...... and they (among others) now own us .....

Think about it.
 

OntarioVanMan

Retired Expediter
Owner/Operator
They already knocked ..... you just didn't hear it ..... think about that ....


The time already was ... and they already brought it .... but you failed to show up for the dance ......


You didn't stand a chance ...... simply because you failed to understand what the war is/was .....

It wasn't military, it was economic .....

One can fight an economic war, and by winning, achieve the same degree of conquest ..... without ever firing a shot.

We gave them the money to buy our debt (by purchasing their products, as opposed to our countrymen's) ...... and they (among others) now own us .....

Think about it.

Yeah we handed them the keys to the family car didn't we....:eek:
 

greg334

Veteran Expediter
News flash.....

China has been very concern with our treasury notes and the stability of our system since Obama has taken office.

Sometime ago, maybe a month or 6 weeks ago there were strong statements made by one of their ministries about their concern, warning the US that they better start doing something with the interest rate, like raising it up to 4% in order to prop up the dollar.

They can not demand the money they invested, it does not work that way. They have to abide by a treaty that all the countries signed who trade debt which is limited to selling (trading) it or hold it to maturity. The bigger problem is that other countries have been funded by them now which has drained China to their lowest point in many years. These countries are doing the same thing we are, spending their way out of trouble but they don't have the GDP growth we have had and they will in the long run do the same thing that France and Italy did in the 50/60s, Their ratio of debt to GDP is a lot greater than ours.

IF China was to demand payment, they would do it first to some of the other countries borrowing money simply because they will do not want to kill their export market which is dependent on the US first.
 

RLENT

Veteran Expediter
Yeah we handed them the keys to the family car didn't we....
Pretty much ...... that and much more ........ and all of it largely due to our own personal greed. It's certainly not because the quality of the products were so great ...... or because most of us wanted to help out old Uncle Chen "over there" ...... it was because we could get it cheaper ...

The next time someone wants to elaborate on how "greed is good" they really need to pause and consider the above.

There is a reason it's one of the seven deadlys ....
 

mjolnir131

Veteran Expediter
They already knocked ..... you just didn't hear it ..... think about that ....


The time already was ... and they already brought it .... but you failed to show up for the dance ......


You didn't stand a chance ...... simply because you failed to understand what the war is/was .....

It wasn't military, it was economic .....

One can fight an economic war, and by winning, achieve the same degree of conquest ..... without ever firing a shot.

We gave them the money to buy our debt (by purchasing their products, as opposed to our countrymen's) ...... and they (among others) now own us .....

Think about it.


NO this one your blew it ! It's only the end of the war if your like France or one of the other country's that are 33 bones shy of a full skeleton

Historically economic and supply attacks are the first shots of a war not the last. Hitler got away with it because the nations in question had leaders who wear cowards, and then tried acting shocked when a few years later 1/3 or more of there population was dead.

It appears the eastern mind has always had trouble distinguishing between a paper and sleeping tiger
 
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iceroadtrucker

Veteran Expediter
Driver
NO this one your blew it ! It's only the end of the war if your like France or one of the other country's that are 33 bones shy of a full skeleton

Historically economic and supply attacks are the first shots of a war not the last. Hitler got away with it because the nations in question had leaders who wear cowards, and then tried acting shocked when a few years later 1/3 or more of there population was dead.

It appears the eastern mind has always had trouble distinguishing between a paper and sleeping tiger


Right on Target!!!!!!!!!!!!
Any time any where
Bring it!!!!

Thank's
 

RLENT

Veteran Expediter
NO this one your blew it !
Richard, I wish that were the case, but I'm afraid it's not ....

It's only the end of the war if your like France or one of the other country's that are 33 bones shy of a full skeleton
That may well be the case - but please tell me what your (our) elected leadership in Washington is doing to remedy our competitive position with regards to any of the eastern economies ?

And don't look to the mavens of big business, who so many on the Right admire, for a solution ...... they're busy shipping everything they can out of here .... collecting big salaries and bonuses, all while they sell out you and your neighbor down the street .....

Hitler got away with it because the nations in question had leaders who wear cowards,
And the Chinese will get away with it because we have leaders (political and business) that are crooks (both parties)

It appears the eastern mind has always had trouble distinguishing between a paper and sleeping tiger
And it appears that Western mind has always been preoccupied everything and anything but holding our political leaders accountable for allowing us, as a nation, to get in a position where we cannot compete.
 

RLENT

Veteran Expediter
News flash ..... They can not demand the money they invested, it does not work that way. They have to abide by a treaty that all the countries signed who trade debt which is limited to selling (trading) it or hold it to maturity.
Ahhh .... Greg ..... let me ask you a question here .... let's just say, for the sake of arguement, the Chinese do hold that debt (private and public - but particularly public) until maturity ..... ok, ya with me here ?

Now, that public debt matures, and they can collect .....

Where does the money (principal and interest) come from to pay them ? :rolleyes:
 
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