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11-28-2013, 08:43 AM
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Your thoughts on this.
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The greatest deception men suffer is from their own opinions.
Leonardo DaVinci
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11-28-2013, 10:50 AM
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Resident octogenarian
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Just the Christmas season? Hell we do that 365 days a year, and if Tom thinks I misunderstand his extended family he is sadly mistaken.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
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11-28-2013, 05:25 PM
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Oh ,I did not see the thread Bigerik started.One thing I did not realize when I was researching this is that America is in dept to China to the tune of over one trillion dollars,Is this a Fact?
I always thought everybody owed us.
__________________
The greatest deception men suffer is from their own opinions.
Leonardo DaVinci
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11-28-2013, 06:45 PM
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Ready
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It's true. China has these big piles of dollars because we buy more from them than they want to buy from us. So they buy bonds with them.
Ever here the old saying, about the guy who owes $10,000 to the bank, and he loses his job? He's in big trouble. But what if he owed $1,000,000 to the bank? Now it's the bank that's in big trouble.
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11-28-2013, 07:50 PM
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It's currency manipulation.
The Chinese aren't stupid, they realize that we are devaluing the dollar through QE. They just don't want the value of the Yuan to rise too fast...otherwise their products will become too expensive.
Besides, the men behind the curtain will make sure they get their cut, one way or another...long before we figure out what they're up to.
Chas
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11-28-2013, 10:45 PM
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Jigsawed
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The Chinese now have Europe in sight. As a matter of fact Britain has surrendered. They have allowed China in their nuclear industries.
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11-29-2013, 01:05 AM
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Area Man
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It kills me when people talk about China coming after us in military terms. That won't be necessary. We sold our selves out for the sake of a fatter profit margin and cheaper toasters.
One more time;
If you want to destroy Capitalism, appeal to Capitalist greed. They will destroy themselves.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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11-29-2013, 05:43 AM
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Quote:
Originally Posted by BlueStreak
It kills me when people talk about China coming after us in military terms. That won't be necessary. We sold our selves out for the sake of a fatter profit margin and cheaper toasters.
One more time;
If you want to destroy Capitalism, appeal to Capitalist greed. They will destroy themselves.
Dave
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The capitalists will sell us the rope with which we will hang them?
Chas
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11-29-2013, 05:44 AM
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Area Man
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Join Date: Oct 2009
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Dig a little deeper.
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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11-29-2013, 05:58 AM
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Quote:
Originally Posted by BlueStreak
Dig a little deeper.
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Actualy I am afraid to see more.This Country is in worse shape than I could ever imagine.China is going for the jugular,and the big boy's are letting it happen(and we are too by default)
__________________
The greatest deception men suffer is from their own opinions.
Leonardo DaVinci
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