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2008-12-26 Home Front Economy

Dollar Shift: Chinese Pockets Filled as Americans Emptied

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Posted by tipper 2008-12-26 06:37|| || Front Page|| [6 views ] Top

#1 And let's remember all the Euro banking and investment that vanished in this economic cycle as well that was invested in American paper - because they couldn't work the money in socialist regulated Europe too. American speculative markets filled while Euros emptied.

Posted by P2k on holiday 2008-12-26 07:54|| 2008-12-26 07:54|| Front Page Top

#2 The Chinese have yet to realize that Americans have a long and proud tradition of ripping off foreigners intent on making easy money in America.

The Scots thought they could make a fortune in Longhorn cattle drives from Texas to KC, only to find that the entire herd would vanish en route. Others bought Florida swampland and desert real estate. Oil wells, farm crops, you name it.

Now the Chinese have trillions of dollars in the US government bonds bubble. The Japanese, who have wised up, are selling US bonds as fast as they can, and the Chinese are buying those bonds as well.

Suckers from across the globe are getting in on the bubble, with the demand for T-bills now at four times the supply--four times what Washington and Obama can even promise. "Bond scalpers" are offering resales of US bonds.

And right now, they have already promised half the annual US GDP. $8.5T.

When the bubble bursts, China would have had enough US paper to make a national highway system--out of paper. If they actually had paper, instead of just electrons on a computer.

What they will probably get out of the deal is a lot of new and vulgar Chinese words and phrases that are synonyms for "Americans".

Posted by Anonymoose 2008-12-26 09:26|| 2008-12-26 09:26|| Front Page Top

#3 "When the bubble bursts, China would have had enough US paper to make a national highway system--out of paper. If they actually had paper, instead of just electrons on a computer.

What they will probably get out of the deal is a lot of new and vulgar Chinese words and phrases that are synonyms for "Americans"."

I can live with that.

Posted by Barbara Skolaut">Barbara Skolaut 2008-12-26 10:43|| http://ariellestjohndesigns.com/]">[http://ariellestjohndesigns.com/] 2008-12-26 10:43|| Front Page Top

#4 It's still not too late to panic, get in on the ground floor of the new PARNOIA, bones can still be made in the blog-world outta dis. Got screwed by Byrd Flew? Loose your street Credit in the Y2K deal? Need to change your rehab from your $500 a barrell oil-onism? It's not too late. Step right up, this is your new disaster, you can still be right! It's not too late.

Posted by .5MT 2008-12-26 11:15|| www.cybernations.net]">[www.cybernations.net] 2008-12-26 11:15|| Front Page Top

#5 CHINESE MIL FORUM > ALIENS FROM CHINA SLIP OVER THE MEXICAN BORDER INTO THE USA + THOUSANDS OF CHINESE MOVING INTO LAOS, CAMBODIA, AND VIETNAM [seek new opportunities, life they can't find back home in China]; + WAFF > RUSSIA ERECTS NEW BASE ON THE CHINESE BORDER.

Posted by JosephMendiola 2008-12-26 19:36|| 2008-12-26 19:36|| Front Page Top

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