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Reply #17: Their holdings of US debt are more like a nuclear weapon [View All]

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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-31-10 09:59 PM
Response to Reply #15
17. Their holdings of US debt are more like a nuclear weapon
It has the greatest effect if it is not actually used.

In this case, they are able to defend themselves financially and eliminate any threat of the US being able to minipulate the Chinese financial system.
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  -U.S. Starts to Push Back Against China in Growing Rift (NYT) == THIS IS BIG WallStreetNobody  Jan-31-10 08:26 PM   #0 
  - "the US still has the upper hand" - this was my feeling. i've always thought our chinese  Hannah Bell   Jan-31-10 08:31 PM   #1 
  - Paulson's book  WallStreetNobody   Jan-31-10 08:49 PM   #4 
     - You forgot to mention the Chinese Fifth Column right here in the good ol' USA  Vinnie From Indy   Jan-31-10 09:04 PM   #6 
     - And the BFEE -- Marvelous Marvin and Silverado Neil -- are up to thier Skulls & Boners  SpiralHawk   Feb-01-10 11:57 AM   #27 
     - Yep. GHWBush and Jackson Stephens set those deals in motion in the 70s. No surprise Stephens was  blm   Feb-02-10 10:25 AM   #41 
        - And GHW's brother is a big honcho in the China-America Business Chamber of Commerce.  ieoeja   Feb-02-10 11:13 AM   #46 
           - It's called GLOBAL FASCISM. WalMart was the first REAL test of getting Americans to accept fascism  blm   Feb-02-10 11:48 AM   #47 
     - my understanding is that a great deal of foreign direct investment financed  Hannah Bell   Feb-01-10 12:48 AM   #21 
  - I wish somehow the cheap crap made in China would go away.  Lint Head   Jan-31-10 08:37 PM   #2 
  - Baggies at the dollar store with no bottoms. Made  emilyg   Jan-31-10 09:25 PM   #11 
  - Indeed.  iceman66   Feb-02-10 11:10 AM   #45 
  - The US should tell China to shove it.  TexasObserver   Jan-31-10 08:48 PM   #3 
  - 'Hah, barbarians!' said the emperor as he nibbled grapes.  HeresyLives   Jan-31-10 09:03 PM   #5 
  - You mean the NYT just now figured it out  FreakinDJ   Jan-31-10 09:05 PM   #7 
  - Well.. by all means...if China is faultering.....isn't our duty as good Republicans....  lib2DaBone   Jan-31-10 09:10 PM   #8 
  - China can shove it up their rear end. Time for punitive tariffs.  Odin2005   Jan-31-10 09:20 PM   #9 
  - Yes, a trade war would be helpful.  HeresyLives   Jan-31-10 09:25 PM   #10 
     - No, they can't call in their loans  WallStreetNobody   Jan-31-10 09:50 PM   #15 
        - Their holdings of US debt are more like a nuclear weapon  FarCenter   Jan-31-10 09:59 PM   #17 
        - Yes, they can.  HeresyLives   Jan-31-10 10:01 PM   #18 
        - Fuck China  smiley_glad_hands   Jan-31-10 10:21 PM   #19 
        - Nice, you insulted three countries  daleo   Feb-01-10 09:28 AM   #23 
           - how much does wamart pay you to support their position?  smiley_glad_hands   Feb-01-10 11:39 AM   #26 
              - Now you are directing your anger at the right targets  daleo   Feb-01-10 08:49 PM   #31 
        - You are wrong  hack89   Feb-01-10 12:57 PM   #29 
        - The Chinese could dump their U.S. bonds on the open market  daleo   Feb-01-10 08:54 PM   #32 
           - its only 5% of our total outstanding debt  smiley_glad_hands   Feb-02-10 12:33 AM   #33 
              - Yep!!! that FED is the bestest buyer of all!!!!........SELL, SELL, BUY, BUY !!!!!!  galileoreloaded   Feb-02-10 12:39 AM   #37 
                 - Nice rant - feel better? nt  hack89   Feb-02-10 05:26 AM   #38 
                 - Sadly no....n/t  galileoreloaded   Feb-02-10 08:04 AM   #39 
                    - Try some reason and logic next time - much less stressful nt  hack89   Feb-02-10 10:16 AM   #40 
                 - fuck china eom  smiley_glad_hands   Feb-02-10 10:59 AM   #43 
        - No, they can't in spite of how much you might think they can. Hack89 is right.  A HERETIC I AM   Feb-02-10 11:04 AM   #44 
        - Your knowlege base is technically insolvent......n/t  galileoreloaded   Feb-02-10 12:36 AM   #36 
  - China has observed the Japan and the Asian financial crises  FarCenter   Jan-31-10 09:26 PM   #12 
  - Who else are we going to borrow the trillions of dollars we need from?.  Fumesucker   Jan-31-10 09:31 PM   #13 
  - we owe china about $800 billion. a pittance, actually. there are no "trillions" except those owed  Hannah Bell   Feb-01-10 12:51 AM   #22 
     - I said "borrow" not "have borrowed"..  Fumesucker   Feb-01-10 09:31 AM   #24 
        - we don't "need" to borrow trillions from china. we don't "need" to run a trade deficit with them.  Hannah Bell   Feb-01-10 12:55 PM   #28 
  - We are in hock to China because the American corporations set it up that way.  AdHocSolver   Jan-31-10 09:35 PM   #14 
  - The American corporations were encouraged to outsource to China by the US Government  FarCenter   Jan-31-10 09:56 PM   #16 
     - By the US Government owned by American corporations.  Karmadillo   Feb-01-10 09:34 AM   #25 
     - It's kind of circular  daleo   Feb-03-10 03:31 PM   #48 
  - China and the U.S. are co-dependent  daleo   Jan-31-10 10:28 PM   #20 
  - Huge myth, right here. Educate yourself. n/t  galileoreloaded   Feb-02-10 12:35 AM   #35 
     - That's not debate  daleo   Feb-03-10 03:33 PM   #49 
  - K&R  earthboundmisfit   Feb-01-10 01:10 PM   #30 
  - There is no pushback to China, absent the hyperbole pulpit. LOGIC FAIL!!!! n/t  galileoreloaded   Feb-02-10 12:34 AM   #34 
  - Nobody believes it. nt  Romulox   Feb-02-10 10:26 AM   #42 

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