The Big Money:
In July 2009, China held $800 billion of U.S. Treasury securities, up from $550 billion in July 2008, according to the Treasury Department. China, which has surpassed Japan as the largest foreign holder of U.S. Treasuries, accounts for 23 percent of total foreign holdings.
Dean Baker: Does Citigroup Need China?
Most of the economists and pundits who could not see an $8 trillion housing bubble are telling us that the United States desperately needs for...
China's Search for Stability With America | Foreign Affairs
Ian Bremmer and Nouriel Roubini: Don't Expect the U.S. and China ...
Report Rekindles China Derivatives Debate - DealBook Blog ...
Derivatives contracts in China: Our loss, your problem | The Economist
How to Prepare For China's Coming Derivatives Default :: The ...
Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to
When the dollar fall through the floor, and I don't think that's a long way off, it will be interesting to see what the Chinese will do. We will no longer be able to deploy our bloated military unless the troops, sailors and airmen want to work for nothing. Interesting days ahead.
The Germans and Japanese couldn't beat us but Wall Street sure did.
Goldman and Bank of Amerika run the markets along with Geithner, and beagle boy Ben. There is no free markets, only welfare capitalism and socialism for capitalism.
good articles: http://iamned5.blogspot.com
"Has a mini-trade war has broken out between the United States and China? On Sept. 12, the Obama administration imposed a 35 percent tariff on tires imported from China. In response, China said it would look into the prices of chicken feet sent from the United States to China. "
YO! The chicken feet war apoKalypse with China. this is our status now, instead of competing with Germany in making outstanding high tech machiney
Everything but the little people have become too big to fail.
Everyday we pay the consequences of Reaganomics and neoconservative economics
good articles; http://iamned1.blogspot.com
80's: Arthur Laffer, MIlton Freidman, Greenspan, Alexander M. Haig, Jr, Donald T. Regan, James A. Baker 3rd,
Later: Robert Rubin, Bernanke, Paulson
What amazes me, is that China must not be fully aware that the general American people did not vote to create these credit debts. We did not know, nor were we informed of any of these redicules mind boggeling contracts. We would never have offered our Country up for grabs. These outsourcing giants need to pony up the bucks, paying off China, not the taxpayers who didn,t make the deal. Control and Power went allround, the rich, who got rich on imports, owe the moneys. The American people are not dunces, we know whats happening.
The American people approved these deals, and are, therefore, responsible for them. You as a democracy made these decisions every time your elected representatives in the congress passed an emergency funding bill or an unbalanced budget to fund the programs and legislation that you make. Everyone in this democracy has his or her share of the responsibility. You really have no one to blame.
It was reported by a Chinese insider that when Tim Geithner shook the hand of the representative from the State-owned Assets Supervision and Administration Commission, Geithner took the man's hand and said, "Now this is my f**k u hand shake!!!" The representative then responded by saying, "Take a look TIm. I have the upper hand this time this time!"
http://eye-on-washington.blogspot.com
Loading comments…
First Posted: 10- 6-09 03:16 PM | Updated: 10- 6-09 04:17 PM