 |
| Register | FAQ | Members List | Calendar | Today's Posts | Search |
|
#1
05-07-2014, 09:21 AM
|
||||
|
||||
|
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 
|
|
#2
05-08-2014, 02:18 PM
|
|||
|
|||
|
dont forget the financial aid they have given america that we have to pay back...
|
|
#3
05-08-2014, 08:45 PM
|
||||
|
||||
|
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.
__________________
The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
|
|
#4
05-09-2014, 07:59 AM
|
||||
|
||||
|
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
__________________
"America is still a land of promise, especially during a political campaign."
|
 |
«
Previous Thread
|
Next Thread
»
Linear Mode
|
|
All times are GMT -5. The time now is 08:40 PM.