Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SatinDoll
I guarantee there won’t be much left of either China or the U.S.A. afterwards.

Incredible. Think about what you are saying, if you can.

16 posted on 02/22/2011 1:19:52 AM PST by Rapscallion (The founders gave us the tool of impeachment for a reason. Now more than ever.)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Rapscallion

Can you think of any nations whose debt we’ve forgiven because they couldn’t pay it back? I know there are some.

No one forced China to buy our bonds, now did they? There was no gun to their heads ordering them to buy our financial instruments.

Every investment has potential risk. If the Chinese are so naive as to think there should never be risk involved in global investment, maybe they just ought to stay out of international financial markets. Threatening us demonstrates just how much China isn’t ready to be a global leader.

They have a domestic economy with over a billion people. I’m sure they could do fine on their own since we really can’t afford to buy their crap anymore as we’re basically bankrupt.

Since their wheat crops this year look to be failures and our winter wheat harvest is projected to be a bumper year, buying wheat from us and giving us back worthless dollars might just be a good deal for the short term.


25 posted on 02/22/2011 5:01:42 AM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson