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Originally posted by Walkswithfish
Technically China already owns exclusive rights to the collective asses of many nations, no need to rush things along, in time they will own even your ass outright.
Originally posted by SLAYER69
reply to post by OmegaLogos
Well first off the US and the Rest of the Western Countries wouldn't stand idly by.
Before you know it war would break out somewhere in the middle east most likely between Iran and Israel
[edit on 9-2-2010 by SLAYER69]
Originally posted by OmegaLogos
I hear rabbits running for their conspiratorially deep rabbit holes! Why Fear China???
But while many Chinese take delight in America's plight and would like to end the close embrace that has brought China such prosperity over the past two decades, they are falling prey to delusions of grandeur. The fact remains that as much as China may want to go it alone, it cannot. (See pictures of the global financial crisis.)
To begin with, it holds more than $1 trillion in U.S. assets, mainly in U.S. Treasuries. No other country or entity in the world could absorb those assets if China wanted to sell them, and with China's currency value pegged to the dollar, any massive sale would lead to a steep decline in the Chinese currency and economy. China's holding of U.S. debt is leverage only in a theoretical world where it could dump its U.S. assets or stop buying more. What's more, even a hobbled America is the world's largest economy and the most significant market for Chinese goods. In 2009, a supposedly bad year, Chinese exports to the U.S. were approximately $300 billion, about the same as in 2007. That is a vast source of income for China — and one that no other part of the world can provide.
The U.S., meanwhile, has been a source of billions of dollars in direct investment in China, from thousands of American companies big and small. While it's true that China doesn't need any one of these companies as much as each one needs China, China needs all of them and depends on them for everything from brand-name goods to know-how and capital. Beijing can't just snap its fingers and go it alone; its domestic economy is far too entwined with that of the U.S., its companies, its capital and its consumers.
Originally posted by SLAYER69
reply to post by OmegaLogos
[atsimg]http://files.abovetopsecret.com/images/member/dd5fba308999.gif[/atsimg]
I'm not too worried. We have Obama to the rescue.
1] Without China's last 20yrs+ economic growth and relative robustness [Thanks Deng! I'm sorry you had to break some egg heads to bake that great cake!
Originally posted by OmegaLogos
reply to post by SLAYER69
Explanation: You are making my point for me!
The US and China are in a current defacto relationship SitX....Just get MARRIED and have children ALREADY OK! :shk:
Personal Disclosure: Go Early! China will be pleased and might just reward those who KNOW THEIR PLACE!
Originally posted by OmegaLogos
China also shoots bad CEO's in the head when they stuff up! Maddof would be toast already!