sj
pre 12 godina
(think about it, 15 December 2011 10:24)
No they only have about 800 billion in the US and the investment in Eurobonds has been done for a specific reason in that it has free access to the EU market – for every Euro they have invested they expect to reap 1000 back; its not done out of love but for profit. In actual fact they have about 2 trillion in foreign reserves right now which is at China’s disposal.
China and the other BRICs do not want a sudden collapse of the west, but what it wants is a slow decline because the ripple affects are much less. The BRIC countries want the “baton” passed on smoothly rather than having to deal with economic chaos.
After the BS involving western rating agencies the Chinese now run theirs own rating agencies. They do not want a bar of Moodys and Poors and others as they gave the toxic loan a 100% rating.
(pss, 15 December 2011 07:28)
Unfortunately every post you have made that requires proof that reeks of extracts from the western media and you have the gall to claim not to be “naive enough to believe everything printed”. And if I make a comment then “where is the proof”.
You expect me to write a thesis to explain my comments, I have had more dealings with governments that you will see in ten life times and I don’t trust any of them let alone the so called free press.
I make comments based on my many years experience in the workforce and I make an assessment based on current trends. I understand you don’t like my “negative” comments about the west, but I can’t help it, if the Us has peed it riches up against the wall and is sinking into a pit of debt. But tell me where have I gone wrong!!!! I have been saying that the Us is in more trouble than what they are telling its people and it is 100% correct; I have been saying that the EU is on the verge of collapse and low and behold it is happening right now.
The classic of all classics headlines yesterday was “Bernanke worries Europe's woes will spill into U.S.” Of course it will affect the US in a big way. I now know why he is head of your reserve. The dumber they are the better the chance of being in charge of the central bank. I’ll tell you who is a dangerous person - Tim Geithner. He is the smartest of all of them.
It is not because I am a fortune teller or that I am smarter that you or anyone else. It is simply because the information is out there and all you have to do is add 2 and 2 to get 4. The problem is that your media and government are telling you that it’s actually 12.
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