Posted on 09/29/2011 6:13:17 PM PDT by blam
If china becomes cash strapped.. Will they call the note?
What you do is tell Obama that your sunglasses are “green” and he will you hundreds of millions of taxpayer backed loans.
Simple.
Whenever I see another article about the Chinese economy, I remember those several stories about the large, newly constructed and almost empty Chinese cities. Those cannot be anything but dead weight on their economy and more investment that is supplying little or no return, more nonperforming loans.
Who Foolin’?
If anyone hasn't taken the tour, check THIS out. Flat out spooky.
Better than yelling for foreign aid, I suppose.
What an incredible waste of resources.
We are paying incredibly high commodity prices because of insane waste like this. (Besides the dollar being debased)
And we are constantly dogged for wasting resources here in the USA. What BS
Ping.
What do you mean "call the note"?
In American manufacturing, that would have just been a bad morning.
I can understand the concern over China. Any country that uses so little cocoa and coffee just can’t be having a nice day.
A nice mug of coffee or chocolate would settle things right down. Works every time for me.
According to the graph, the Chingchangs are the world’s largest users of LEAD. Not surprising in light of the huge amounts they have dumped on the USA in our food, paint, children’s toys, etc!
“Will they call the note?”
No, because they can’t.
They own bonds. The bonds are worth a certain amount at maturity. They can wait for them to mature or cash them in on the open market. That’s it.
I guess the difference is that China has a way of holding irresponsible business accountable.
Something we cannot seem to figure out how to do in the banking sector.
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