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  1. #1
    Join Date
    Jul 2003
    Location
    Kapiti in New Zealand
    Posts
    4,031

    Default China won't Finance U.S. Debt; We Hate You...you are devaluing your Dollar!


    From: http://www.youtube.com/watch?v=uVSjOdRXyyE

    "China VERY UPSET About The Devaluation Of The U.S. Dollar! Congressman Burton"

    From: http://www.youtube.com/watch?v=ikCnEC1IIwk

    Also watch "Peter Schiff "Obama's Govt Will Unleash Worse Crisis Than We Have Now" - click here to watch

    Cheers

    Marc
    Last edited by Marc; 15-03-2009 at 09:51 AM.
    Free business resources - www.BusinessBlogsHub.com

  2. #2
    Join Date
    Apr 2008
    Posts
    346

    Default

    Great to see at least one person talking sense in the senate, warning them about the inflationary concerns they are creating. Just a pity he then tried to make it a typical republican message about reducing taxes.

  3. #3
    Join Date
    Aug 2003
    Posts
    7,620

    Default

    I like Thatcher's quote about Socialists Governments ending up making a financial mess as they usually end up running out of other people's money.

    Strong words from the Chinese - maybe they see it as their time as a super power - push the American's around in International waters and send the message out globally that they hate America.

    Do we have another war coming?? The west is bankrupt so the east would win - though what would they win? A bigger mess than there is currently.

    Cheers,

    Donna
    PropertyTalk Blog - property articles

    BusinessBlogs - the best business articles are found here



  4. #4
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,305

    Default

    Imagine if China did take over the West. Who would they sell their plastic crap to?


 

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