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Old 03-31-2009, 10:45 AM
 
42 posts, read 789,139 times
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Many nations agree that the U.S. currency is going to "fall" because our print-and-spend policy. I seriously think the Chinese just wanna to protect their assets rather than other intentions. After all, who would want to see his saving became nothing and worth no more than a piece of toilet paper.

http://images.allnurses.com/smilies/added/deadhorse.gif (broken link)
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Old 03-31-2009, 11:59 AM
 
Location: San Diego California
6,795 posts, read 7,293,821 times
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Quote:
Originally Posted by Stac2007 View Post
Our government (USA) has sold its citizens out economically to China. Not only did we outsource tens of thousands of jobs to China but we also sold them billions of dollars of our debt. It’s over for us. What I want to know is when is the next civil war going to begin? Soon our own government is going to start rounding us trouble makers up like they do in China.
Great post. As far as the line in bold print, it's not going to happen. Things like that only happen when you have an educated population. They took care of that some time back. Unless you are talking sports or reality TV, no one really understands what you are talking about.
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Old 03-31-2009, 12:10 PM
 
814 posts, read 2,308,291 times
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Quote:
Originally Posted by TylerJAX View Post
Being a leader implies that other nations are willing to accept or at the very least tolerate your leadership. Even if China had the sort of economic clout to become a financial leader, who is going to accept their leadership? The West has the advantage to being able to rewrite the rules to a certain degree, not to mention we could always just bomb them back to the stone age if the need arises(which I would absolutely have no problem with).
How do you know this? who is "they?" europe? america? i don't think china has any intention of trying to be a leader the way america is. it's regional for them and what's best for china. they are trying to colonize some areas for themselves as their population is huge, angola was one. they already have enough people to take care of.

you have no problem with nuking people? try it and see how far this time around your clout will be well-received by the world not just china if that were to happen.
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Old 03-31-2009, 08:41 PM
 
12,867 posts, read 14,923,778 times
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the US lost control of world banking in 2007 when China surpassed Japan, our shadow banking system, in FOREX and US Treasuries holdings. China’s sovereign wealth fund is the biggest on earth. Thus, they can begin writing the rules.
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Old 03-31-2009, 08:59 PM
 
42 posts, read 789,139 times
Reputation: 55
Unless we have a solution, the U.S. Government will continue its print-and-spend policy...Until the U.S. dollars worth no more than a piece of bathroom tissue! However, this print-and-spend policy will end if the U.S. currency is going to be replaced by another currency.
http://images.allnurses.com/smilies/added/deadhorse.gif (broken link)
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Old 03-31-2009, 09:12 PM
 
1 posts, read 845 times
Reputation: 11
Quote:
Originally Posted by fortune-tellers View Post
Many nations agree that the U.S. currency is going to "fall" because our print-and-spend policy. I seriously think the Chinese just wanna to protect their assets rather than other intentions. After all, who would want to see his saving became nothing and worth no more than a piece of toilet paper.
agree!!
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Old 03-31-2009, 11:36 PM
 
1,020 posts, read 2,533,697 times
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I wish the Government here would do its job and open up the federal reserve to audit. Instead they are eager to ruin private business. The only reason the US is in the mess it is in can be traced to unconstitutional actions.
This conspiracy theory needs to be put to rest already...

PublicEye.org - Debunking the Federal Reserve Conspiracy Theories

And, go ahead and google "federal reserve" and "audit." The GAO does audit it as well as private financial firms.

Last edited by xavier132487; 03-31-2009 at 11:46 PM..
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Old 04-01-2009, 08:42 AM
 
Location: Rockland County New York
2,984 posts, read 5,859,734 times
Reputation: 1298
Quote:
Originally Posted by jimhcom View Post
Great post. As far as the line in bold print, it's not going to happen. Things like that only happen when you have an educated population. They took care of that some time back. Unless you are talking sports or reality TV, no one really understands what you are talking about.
Your right Jim, today's teens are only concerned about their cell phones and other devices which rob them of their attention which should be devoted to rights being taken away from them. I should know. I teach high school social studies in New York City and can see that an over whelming number of students are next generation of welfare recipients. It’s so depressing.
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