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#1
05-07-2014, 09:21 AM
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China has deep pockets
China is about to begin its second phase of developmental aid to Africa.
It means China is looking long term. A more modern Africa enmeshed with the Chinese economy.  A win win way to spend those excessive dollars. http://www.iol.co.za/business/intern...3#.U2o-SKYU9ZQ 
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#2
05-08-2014, 02:18 PM
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dont forget the financial aid they have given america that we have to pay back...
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#3
05-08-2014, 08:45 PM
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When it comes time to pay back, we will be paying about half of what they we owe them. Depreciation of the USD is one of their biggest economic worries and why they keep buying USD's like an addict.
__________________
White Christian Nationalism: Freedom for us, order for everyone else, and violence for those who transgress.
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#4
05-09-2014, 07:59 AM
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I used to think our debt to them was the economic equivalent of MAD.
But China has more cash in the bank! than our total debt to them. It'd hurt but not cripple them. Pete
__________________
“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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