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Chinese agency cuts U.S. debt rating again
Market Watch ^
| Aug. 2, 2011
| Michael Kitchen,
Posted on 08/02/2011 10:51:36 PM PDT by george76
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1
posted on
08/02/2011 10:51:40 PM PDT
by
george76
To: george76
If the Chinese stop buying our bonds, we are in deep do.
The US will have to print more money, which will devalue the dollar, and before u know it a dollar won’t buy squat.
Should have made the cuts.
To: george76
3
posted on
08/02/2011 10:56:19 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: george76
It’s looking more and more like we will all go together.
4
posted on
08/02/2011 10:57:28 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: george76
I never thought I’d see the day when China would see the U.S. more clearly than our own leaders.
This is embarrassing.
Damn our pretending leaders.
5
posted on
08/02/2011 10:57:37 PM PDT
by
DoughtyOne
(Is the destroyer anti-US anti-West anti-Christian anti-Israel and reminiscent of the anti-Christ?)
To: tennmountainman
This debt deal is horrific. "We" added to our credit card the equivalent of 1/3 the entire chinese economy...even more than the entire output of Great Britain. And do the socialists in DC think the chinese are going to fork over money to us which is equivalent to 1/3 their GDP?
Where is this money going to come from...the Fed? The same Fed who is talking QE3?
We are going down hard folks.
6
posted on
08/02/2011 11:04:35 PM PDT
by
blasater1960
(Deut 30, Psalm 111...the Torah and the Law, is attainable past, present and forever.)
To: tennmountainman
If the Chinese stop buying our bonds, we are in deep do.
wrongo
If the Chinese stop buying our bonds, they are in deep do.
If the yuan goes up,
they will get what I call ‘Japan disease’.
with deflation stagnation, and unemployment.
as it is,
the only thing keeping china going now,
is construction of useless ghost cities.
Dis aint good.
8
posted on
08/02/2011 11:11:22 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: 50gunsalute
They are in over their heads,
But so are we.
9
posted on
08/02/2011 11:13:16 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: 50gunsalute
10
posted on
08/02/2011 11:13:58 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: tennmountainman
The Chinese can’t stop buying our bonds unless they decide to stop selling things to us. It’s an empty threat from a country that doesn’t have its own bond market.
11
posted on
08/02/2011 11:17:41 PM PDT
by
Pelham
(Obama, the vanguard of the proletariat since 2008)
To: Pelham
You know what bugs me?
The next step is war.
I dont think they can project military power to our hemisphere. but they aint Liking this ****
12
posted on
08/02/2011 11:22:22 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: george76
So - which makes a bigger impact - The Chinese, or Moody’s?
Who else, other than China even has the $ to buy our junk bonds? From recent reports - Europe is about to be totally bankrupt (Hey Europe - how’s that Muzzy-loving, one-currency, European Union join’ for you?).
Who does that leave? India? Russia? Venezuela? Brazil? This may sound naive - but who out there is willing to write a check to the USA for $2 Trillion? For that matter - who has that kind of solvent resources to even think about it? The Chinese?
13
posted on
08/02/2011 11:23:52 PM PDT
by
TheBattman
(They exchanged the truth about God for a lie and worshiped and served the creature...)
Wrong Chart
14
posted on
08/02/2011 11:25:21 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: TheBattman
15
posted on
08/02/2011 11:26:19 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: mylife; Liz; null and void
16
posted on
08/02/2011 11:28:27 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
Hang Seng
17
posted on
08/02/2011 11:30:21 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: george76
LoL! I hate to laugh at that, but that’s what it looks like.
18
posted on
08/02/2011 11:31:43 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: george76
Bernake is gonna print a bunch of money, and inflation is going to kick in.
IMO
19
posted on
08/02/2011 11:34:09 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: mylife
This is not going to end well
20
posted on
08/02/2011 11:35:19 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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