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China Issues US$78 BLN Of Treasury Bonds In 2003 http://au.news.yahoo.com/040130/3/nibj.html CHINA TO ISSUE EQUIVALENT OF US$4.6 BLN IN T-BONDS http://news.tradingcharts.com/futures/5/8/54028985.html CHINA'S CENTRAL BANK QUICKENS MONEY WITHDRAWAL http://news.tradingcharts.com/futures/9/5/54130559.html China float might hit US Treasuries-PIMCO's Keller http://www.forbes.com/markets/bonds/...tr1004460.html China is an important buyer of U.S. Treasury securities, holding $119.4 billion of them at the end of April, U.S. Treasury Department figures show. China's New 'Self-Defense' Tool: U.S. Bonds http://www.iht.com/IHT/PS/98/ps040398a.html These sources credible enough? Read it and believe it kid :1orglaugh |
one could make many statements that may come true in the future. :)
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:1orglaugh
I never looked... but bet the "Asian Times" is more balanced and truthful than the US media! Hell.. *anything* is more balanced and truthful than the US media! My dog can write a good article.. want her to submit it?? Least she is honest!! :-) |
http://www.china.org.cn/english/2002/Sep/44671.htmthats all I could find on "China Debt"
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See now that is someone who knows how to back up there arguement. Thank you |
So many here seem to be blind to the fact that the US is in debt up to it's ears. Just read a few financial reports to see the debt.
And if the US owes the Chinese so much, think about how much they owe the Arabs. And all Bush has to stop people looking at his record is selling the fear of Iran or somewhere else assisting terrorists. |
VeriSexy:
Well.. you done a load there! :-) When it comes to idiots, I can't be bothered teaching em the facts of life :-) |
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Hey now don't take credit for someone elses brain power there skippy. You still haven't posted anything but dribble this whole thread.:321GFY |
At this point each countries economy depends partly on the other.... the fact that China has much stock in US bonds ECT. shows how interlinked our economies are. Thats part of the problem. Both counties can kick the other where it hurts and makes an escalation to a nuclear exchange a very real possibility.
We do rely on the MANY MANY purchases china makes from us (including OIL.... they have the fasted growing demand) |
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Why don't you have your dog post here instead of forcing us to listen to your anti American bullshit. :thumbsup |
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Bimini:
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Do you actually have a brain at all??? Did I take credit for "someone elses brain power"?? NO Sheesh.. you are stupid!! Have you actually got ANYTHING to say when presented by some facts - or are you just sliding sideways again with some GFY oneliners?? Do you now accept the facts of the US economy or not?? Oh hell.. amazingly funny if it was not so pathetically sad! :1orglaugh |
i doubt it would happen short-term. that'd be another world war.
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Bimini:
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:1orglaugh |
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http://www.oneworld.net/article/view/73234/1/ China is also using its large foreign currency reserves--a total of $356 billion--to buy more U.S. treasury bonds, which provide U.S. investors with capital for re-investment http://wwwc.house.gov/International_...8/bian2021.htm The People?s Republic of China presently receives approximately $4 billion each year from American taxpayers in the form of interest income on U.S. Treasury bonds held by the Chinese government. The PRC also enjoys a $100 billion annual trade surplus with the United States, giving them an estimated $400 billion current account. Yet the government of China continues its discriminatory evasion of payment to American bondholders. It is the position of the Chinese government that China should not have to honor their nation?s full faith and credit sovereign obligations if they choose not to. Such an insular worldview, flaunting the flagrant disregard of established principles of international trade and commerce, will not serve the interests of the PRC in the community of nations and is inconsistent with the status of the PRC as a most favored trading partner and member of the World Trade Organization. Such a posture can only act to harm the long term interests of both the United States and China. The Economy:US to buy back national debt http://news.bbc.co.uk/1/hi/business/...omy/411973.stm It now says it will begin repurchasing Treasury bonds before they fall due, as early as next February, cutting back on the $3.6 trillion (£2.4 trillion) it owes to the public. US Dollar Implosion - Part II http://www.gold-eagle.com/editorials...eld120503.html Asians Aren't Dumping U.S. Treasuries -- Yet http://quote.bloomberg.com/apps/news...aCvJZv r6BM4I China also has emerged a key U.S. Treasury holder. Maintaining its 8.3 peg to the U.S. dollar means buying lots of dollar assets. Politicians and manufacturers who complain that Beijing manipulates its currency to gain an unfair advantage fail to appreciate its role in holding down U.S. borrowing costs. |
Bimini:
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We are reduced to the "we hate America" bullshit - PATHETIC!! Little do you know! |
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Don't feel bad. You will be "somebody" someday. :1orglaugh :1orglaugh :1orglaugh |
Webby; say what you will about America and its finances and its media, and you can even knock our webmasters, I suppose youre entitled to your opinion (in here anyway).
However, I personally am not affected by China policy. I live in a community with little crime, my child has the right to an education, and I have the right to bare arms. Beyond the above mentioned the active term here is opinion. I remember those students who were massacred in Tiananmen Square in 1989 for speaking their opinion. http://pornslinga.com/entropybanner/tank-1.jpg |
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See now here is a GFY'er backing up the facts and presenting it like someone confident in there knowledge and beliefs. Ya gotta respect that. :thumbsup |
Bimini:
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Na.. don't bother answering - the content is nada! Keep your head in the sand and it will go away :-) |
Here's something for you to read.
http://news.bbc.co.uk/1/hi/business/3430405.stm http://news.bbc.co.uk/1/hi/business/3486561.stm http://news.bbc.co.uk/1/hi/business/3430565.stm Please read them before you flame Webby. Especially the last one. |
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Webby:
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China Now Second In Oil Consumption China's fast-growing economy has overtaken Japan to become the world's second largest consumer of crude oil after the US http://www.ruggedelegantliving.com/change/a/002062.html China has total of 270 million cellular users as of the end of 2003 and around 60 million new users were added in the same year. See: http://www1.chinadaily.com.cn/en/do...tent_259693.htm (the news in 08/2003) Broadband users in China:17.4 million. see: http://www.infoworld.com/article/04...ecommunications China produced around 225 million tons of iron and steel and imported other 35 million tons in 2003 for the construction. See: http://www.worldsteel.org/media/wsif/wsif2003.pdf 55% of the world cement (Another infrastructure construction index) was used in China. See http://www.economist.com/displaysto...tory_id=2446908 More that 13 million of PCs were sold in China in 2003. See http://biz.yahoo.com/rc/040212/tech_china_pcs_1.html International trade in 2003 China topped 840B$ (import < export) in 2003. See: http://www1.chinadaily.com.cn/en/do...tent_294145.htm Mcdonads?s Business in China: http://breaking.tcm.ie/2004/02/26/story135939.html China has more than 400B$ reserve. See: http://www.china.org.cn/e-company/0.../page031222.htm China has 160B$ external debt. Reserve >> debt |
charly:
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Hell.. you ever get that sinking feeling when you encounter some folks who clearly are unable to take stuff in?? :winkwink: It kinda makes ya lose faith in human nature! :) |
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MAN!!!!!!!!!!!!! You are scary good! Can't you share some of that talent with WEBBY????? :1orglaugh |
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Bimini:
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My... that is one state of denial that goes against even the US's own Treasury report and all media reports, both within the US and worldwide... There is *nothing* to say to that.... just very sad.... BTW.. I liked the special serious effort to make *any* comment so far on US economics - you read *any* of the links yet???? :-) |
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Ya know WEBBY if you could take your ego out of the way for a bit you might rrealize that if you presented ANY kind of a factual arguement in your posts...................you would shut me down on the spot like charly and verisexy have. :winkwink: :winkwink: |
Bimini :
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Keep reading the National Enquirer - but just scan the pages and save that retention span - you will get a better understanding of anything to do with real life there :-) |
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Torrey you rock! You cut it to the core and told it like it is! :thumbsup :thumbsup |
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Ahh - so you think Kerry will try again in 2008? :winkwink: |
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Could it just possibly be that the Webbys of the world don't know jack shit...about economy...or much of anything elese...but in their hatred of the US just like to spout their venom. You are an enemy of my country (you have on multiple occasions called for the assassination of our President)...thus an enemy of mine. I would personally enjoy turning your face into a dripping mass of goo. :321GFY |
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Your starting to sound like and angry little bitch WEBBY. What happened to that Greenspan quoting genious in the begining of the thread???????? He sounds more like a 12 year old on the play ground now. HA! Ha!!! :1orglaugh :1orglaugh |
Bimini:
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Tho... have you actually got a response to anything or discussed anything with Charly or Verisexy?? Nope! That says it all! :winkwink: Have a good day and dream on!! :thumbsup |
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The problem with some Americans is they feel that criticising the country, administration, President is in some way anti American. In the 50/60s wereaccused of being a communist for speaking out. The truth is that asking questions of your leaders is healthy and constructive. Bush has done an awful job with the US economy and hurt most Americans living standards especially people here. We all rely on the surfer to buy something on the net, so a reduction in the ordinary mans income restricts his ability to buy from us. Most are complaining of a slow down in business, how much of that can be contributed to the ordinary man just having less to spend on his pleasures? Give a bllionaire a million dollars and he is as likely to buy a new house in Paris as he is in New York. Give a million working men $100 and they are more likely to buy memberships to a porn site or tickets to the cinema. The money given to working people stays in the country. Unfortunately the working man does not contribute to the re-election funds and Presidents wealth. |
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SCOOOORCHED!!!!!!!!!!!!!!!!!!!!!!!! Nite nite WEBBY!!!!! |
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