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China to dump $1 Trillion in US Reserves
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ninty is Offline
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Default China to dump $1 Trillion in US Reserves - 12-17-2006, 12:01 PM

http://www.halturnershow.com/ChinaToDumpUSDollars.html

If true, this is extremely bad for the US.
  
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Default 12-17-2006, 12:16 PM

this could be a WWIII ed:


  
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Default 12-17-2006, 04:35 PM

I'll reserve judgment for the time being...I can't find any credible sources (BBC, CNN, MSNBC, Fox, etc.) that make any mention about this. The only thing I found was on BBC business about China-US talks on making the currency more flexible to help aid the trade gap.

If this is true, it will be a crushing blow to the US.
  
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Default 12-17-2006, 07:00 PM

Quote:
Originally Posted by Sniper101
this could be a WWIII ed:
then techically wouldn't we have to consider USA as the starter of it...and the starter of a war is usually considered...the bad one...

china can do what they want with their money.


  
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Default 12-17-2006, 08:02 PM

http://www.msnbc.msn.com/id/16218184/


  
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Default 12-17-2006, 08:48 PM

[quote:7cfdc]China’s mounting trade surpluses with the United States have fueled complaints by American manufacturers that Beijing keeps the Chinese yuan undervalued, giving its exporters an unfair price advantage.[/quote:7cfdc]

Thats all you need to know. It has ZILCH to do with China having a stronger economy or George Bush or any other such nonsense you hear on the web - and EVERYTHING to do with China creating a system where its impossible for American business to NOT base operations there.

Sorry Pyro - but this isnt the end of the US. Maybe sometime in your life you whining little ponce - but not today.
  
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Default 12-18-2006, 09:22 AM

Quote:
Originally Posted by Pyro
Quote:
Originally Posted by Sniper101
this could be a WWIII ed:
then techically wouldn't we have to consider USA as the starter of it...and the starter of a war is usually considered...the bad one...

china can do what they want with their money.
Quote:
Originally Posted by Pyro
Well it seems I'm clueless about shit.


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Default 12-18-2006, 05:34 PM

[quote="TGB!":478de][quote:478de]China’s mounting trade surpluses with the United States have fueled complaints by American manufacturers that Beijing keeps the Chinese yuan undervalued, giving its exporters an unfair price advantage.[/quote:478de]

Thats all you need to know. It has ZILCH to do with China having a stronger economy or George Bush or any other such nonsense you hear on the web - and EVERYTHING to do with China creating a system where its impossible for American business to NOT base operations there.

Sorry Pyro - but this isnt the end of the US. Maybe sometime in your life you whining little ponce - but not today.
[/quote:478de]

lol...the end of the US means Canada has to go back to gettign tight nit with the next superpower...too much work...

and my comments about the war...well...if china does this...and USA attacks them...is china the bad one? Just cuz they did something ya'll didn't like?


  
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Default 12-18-2006, 06:49 PM

When has there ever been a war over money?

And from what I understand, much of the current economic situation between the US and China is a result of the way they have fixed their currency to give them an edge.
  
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Default 12-23-2006, 10:43 PM

Quote:
Originally Posted by Pyro
and my comments about the war...well...if china does this...and USA attacks them...is china the bad one? Just cuz they did something ya'll didn't like?
You're seriously fucked up.
  
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Default 02-08-2007, 02:19 AM

Quote:
Originally Posted by c312
When has there ever been a war over money?

War is how the big boys fight about their money.


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Default 02-08-2007, 04:03 PM

not directly though. To my knowledge, there has never been a war over straight up money, maybe indirectly through interests and land, etc... but not just over money.

I'm not sure this will actually happen because China heavily depends on us for their own economy.
  
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Default 02-08-2007, 04:07 PM

Pyro shut the fuck up. You make ignorant americans look smart.


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Default 02-08-2007, 04:42 PM

[quote="Simo Häyhä":0df3a]Pyro shut the fuck up. You make ignorant americans look smart.[/quote:0df3a]

imwithstupid:

Pyro is actually helping support the point of the very people he is against by trying to talk about things he very very clearly knows ZILCH about.
  
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