reply to post by questioningall
very good job ,here a link , happy to share it with you, and others
www.abovetopsecret.com...
Have you noticed how the markets have welcomed the announcement of the plan for China 586 billion dollars to revive its economy in early November?
Markets and raw materials have reacted very positively. After all, what is good for the Chinese economy is good for the world economy ... Is not it?
In any case what is being said and read everywhere. This is not true. But let's be a bit critical ...
A second thoughts, I'm afraid that China would boost its economy by destroying the dollar. Collateral damage entirely fortuitous and unintentional of
course.
Remember that China is sitting on a gold mine of about 2 000 billion of reserves, of which two thirds are held in U.S. government bonds (U.S.
treasuries or T-Bonds and T-Bills).
For years, Americans are living well above their means, with massive debt. That is what we call in excess of MoneyWeek. China has funded the excessive
way of life by buying massive amounts of U.S. bonds.
Today, the Chinese citizen who needs help and crying for help. The Chinese authorities will have to make a crucial choice.
Today, Americans ranging rescue plan to plan. It is already more than 2 000 billion dollars of investment planned between Paulson, Bernanke and Obama.
And of course, for all these fine plans, the Americans planned to make other massive government bonds .... remember they are masters in the art to
finance their debts by investors, mostly foreigners. It is among them a well-established habit. As long as it works, they pull the rope ...
Except that this time, foreigners might not meet present.
Japan and China are the two largest creditors and financiers of the American state. Do you think for a moment they will also continue to fund the
massive U.S. deficits? I do not believe for a moment. They will need to raise money to finance their own economic recovery plan. Japan is again on the
brink of deflation, it is urgent for him to invest heavily in its economy. And not in the United States ...
[edit on 2-8-2009 by pitchdragon]