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SasquatchHunter
reply to post by purplemer
Why do these nations keep buying American Treasuries if were soooo doomed?
ColCurious
reply to post by SasquatchHunter
SasquatchHunter
reply to post by purplemer
Why do these nations keep buying American Treasuries if were soooo doomed?
I'm a little late to this debate but anyways:
Some nations might just like to have an "africa-button" for the U.S. (much cheaper, cleaner and faster than a nuclear arsenal)... especially the type of nations that endeavour to change the current global-financial-hegemony. *points to the far east*
Just my 2 ¥.edit on 29-9-2013 by ColCurious because: (no reason given)
SasquatchHunter
I'm not sure what an "Africa Button" is but I am sure that these investors buy American because its a solid investment.
ColCurious
reply to post by SasquatchHunter
SasquatchHunter
I'm not sure what an "Africa Button" is but I am sure that these investors buy American because its a solid investment.
Well, it is a solid investment of sorts.
Take your old enemy China for example.
The enourmous stock of U.S. treasury bonds they are holding is leverage in the best case, or an economic WMD in a worst case scenario.
The term "africa-button" derives from the consequences it would have on the U.S. if they (the BRICS countries) were to dump their U.S. treasury bonds en masse, drop the USD as a reserve currency and kill the petro-dollar. It would turn the U.S. into Africa over night.edit on 29-9-2013 by ColCurious because: (no reason given)
spartacus699
the you-es owns and controls the un. They tell the un what to do
queenofsheba
reply to post by Bassago
It's not groups of disgruntled Americans going out in packs shooting up targets, but rather these lone wolf types. Why is that?
SasquatchHunter
What purpose would it serve to own American treasuries, and hoping they devalue??????????????????????????????
SasquatchHunter
The Petro Dollar, is a load or horsebullcrap, the U.S. is the second largest oil producer in the world.
SasquatchHunter
We don't need other countries, they need us [...] the debt is nothing [...] China has no desire to see the U.S. economy fail, if we do were taking them down too along with the rest of the world.
Protesting is for hippies,we actually HAVE to do something not waste treasure and time on a picket in front of the places of power like let EVERYONE know what they are doing,and what they can't do.
And fixing this epic mess called our gov't.
If you want to get arrested go ahead.
cavtrooper7
reply to post by Theprimordialocker
Protesting is for hippies,we actually HAVE to do something not waste treasure and time on a picket in front of the places of power like let EVERYONE know what they are doing,and what they can't do.
And fixing this epic mess called our gov't.
If you want to get arrested go ahead.