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To: mdmathis6
where did China get the money to loan to us?(IE, the money with which to buy US treasuries and bonds?)

The most directly observable response to this is -- China gets the money from AMERICAN CONSUMERS, who, through places like Wal-Mart, Best Buy and thousands of other stores across the country, IMPORT goods they make from them using US Dollars.

The moment Americans stop buying these goods, China will cease to have US dollars.
26 posted on 05/18/2009 7:46:46 AM PDT by SeekAndFind
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To: SeekAndFind; All

Yet we also direct invested and poured money into their factories and infra structure...giving them gifts that keep on giving especially as they have quasi nationalized these businesses and also have stolen technology from us as well.

Fine if the Chinese don’t want to lend to us any-more but I think they need to be quiet about the stuff they already have gotten or stolen from us! I think we owe them nothing!(Especially with FIAT currencies involved in most countries, there is probably no reliable way to value who truely owes who what and to whom! I think that is that the dirty secret all of the world’s ruling elite don’t want discussed out in the open!)


32 posted on 05/18/2009 8:25:47 AM PDT by mdmathis6
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