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  • honestlly,we could stop all trade from china and solve a lot of our problem's,sure we would not have new tvs for a while,but in the end we would be better off for it,china is taking us to the cleaners on both ends.

  • 1:04 one turd

  • I find it so messd up that people from other countries say that we as america are stupid or brainwashed why do you blame the people who are also getting screwed by there gov. i dont get why you insult the people when its the gov. thats doing this shit there the ones that are causing these things there the ones make those decisions and there the rich ones who are rich and dont care what happens. i dont get why you have to hate the people that aren't doing nothing to you.

  • Oh comon, all the anti usa hate is getting old....

  • this guy is retard

  • China owns america...PLEASE!!! If the US cuts off traid to china,chinas econamy falls like a rock,and americas comes back,1 trillion dollares please we give away that much in aid a year.to bad our politicians are so stuped,we stop letting companies that outsource our jobs sell there products in american markets,untill they come home..stop all foreign aid,and close all bases outside the united states and re-open the ones in the states.We ligalize and tax marijuana,get illegals out of america.

  • @bjoe427 both countries are screwed u dumb fuck

  • @DAGDAsRevenge Dude we're so close to a third war it's not even funny. Don't you know of the crazy shit happening in the middle east?

  • Also the USA is seeking to pull business out of china and moving into Vietnam, and the Philippines. In a few years china will be broke, and unable to feed its population.

    China is dead.

  • @MrAppleseed88 YOU MUST BE AMERICAN & ANOTHER THING CHINA OWNS AMERICA

    YOU ARE A BASKET CASE THATS WHY YOU GO AROUND ROBBING OTHERS IN THE PRETEXT OF DEMOCRACY WHICH DOESNT EVEN EXIST IN AMERICA. DONT SEE CHINA DOING THAT

  • @amjadami Free tibet.

  • @MrAppleseed88 you free iraq, afghanistan, palastineetc etc.... & whoever else your thinking of robbing you thieving jew infested parasites

  • @amjadami Well, I do admit the dirty fucking jews give us a bad name. I hate these evil blood sucking vampires like all good people do. And, I admit the two wars we are in are for the jews and I want our troops back home to kill the invading dirty mexcians problem we have here at home. An infection so the jews can have cheap slave labor and we pay for their housing food and medical care, while hard working Americans get nothing.

  • @MrAppleseed88 the first thing you should do is stop watching tv as most channels are jewish owned . they simply put you to sleep with disney etc.. whilst the parasite has sucked you dry & once theyve bled you dry & infested your country with pathetic specimens refering to themselves as humans over from mexico they will simply up sticks & go to israel where they are currently sucking the blood of the arabs. hitler was righrt if one survives they all do.

  • @amjadami I agree.

  • @amjadami Muslims should get out of India.

  • Does Russia Today want a war or something ? They are showing so much things like war stuff

  • China owns US. That's pretty sad.

  • Who caresw,Look we start taxing the products comming from china and us3e that to pay off the debt,and actually encourage manufacturing in america.We dont need china And please stop giving our inapt government loans,please make the live within there means,and pull out of iraq and afganistan.We can get out of this deboggle but not untill we fix our trade imbalances with other countrie's and put our people back to work.

  • aua i saw two or at least one collapse until now, of empires... in 89 i saw in russia, i had friends who went to see the berlin wall and got pieces of it they showed it to me, i was 9 years old, i remember the spirit was pretty high, in beginning, in germany and russia, now i will see the usa, i like the usa but its rotting core is screwing everything, now they know why we expelled the jews, i think it will be a dark period, because of economic ties

  • aua i saw two or at least one collapse of empires in 89 i saw in russia, i had friends who went to see the berlin wall and got pieces of it they showed it tome, i was 9 years old, i remeber the spirit was pretty high, in beginning in germany and russia, now i will see the usa i think it will be a dark period, because of economic ties

  • It's funny that people in China and Russia are on Youtube, a freedom of expression vehicle that would never, ever, have evolved in either of their nations, and spend their time on here criticizing the only country that has fought to preserve their right to do so. Not trying to be insulting, just seems funny it's so ironic.

  • It's funny that people in China and Russia are on Youtube, a freedom of expression vehicle that would never, ever, have evolved in either of their nations, and spend their time on here criticizing the only country that has fought to preserve their right to do so. Not trying to be insulting, just seems funny it's so ironic.

  • Ah yes, more anti-US smear by RT. Funny how Philip dashes her hopes.

  • buy in the gloom sell in the boom...!!!

    so china sells in the gloom...>? japan, Australia,

    south korea, tewain, or canada will just buy them back...

    and the U.S can stop & put taxes on chinese imports

    and get alot of there jobs back.

  • and all this they know because the basic laws of trade and economics are just to baffle the mind of jerks, it comes down to control and using people and their worth their minds to get them hooked on power of money, nothing more then paper gold metal but these people have lots of it and corrupts their souls dont think they know who they are they just want more power thru this paper, money itself is just a debt note gold is a metal like other they speculate on what they want using media

  • and one thing youy notice is the banks moving from power to power, usually jews that change their bnationality, from portugal to spain then netherlands then uk germany and finally usa and the poweer follows them because they use the countrys ansd then make them have debt and use their armys their brains and strenght for personal gain andf then move on like parasites, not saying they are all jews but started mainly by them, now they want the big fish china was discipline schools bright people

  • nobody cold touch themif all this debt was for a more solidamerica it would pay but someone ibnside the gov is destroying all these main important things that have to do with citizens themselfs, health schools its too many mistakes that destroys an economy and dumb greedy people on power they by themselfs just by being there they make automarticly the dollar worthless just the fact bush was there usa showed weaknessi saw same mistakes from mine and orther countrys in past and now histo repeating

  • america wassomuch debt they canonlyamount more debt and the only way out its a strong loyal to american laws but strong on health schooling and everything that mnake humans strong hard working and bright, the best days of europe where always with right wing gov. but true ones with excellent schooling systemslike the uk had and germany in the end of 19 century all the biggest tech advances in history of mankind america importa minds now was bad school system usas had chance to be so far ahead

  • if they didnt sell the bonds its because they believe the horse it still strong and still runs and still wins and was potential its actuaklly believing in people, and their know jhow, what bankers are doing is flushing america with dumbness and debt to china sell the bounds because china was 1.3 billiopn people they can put debt on and they are a fine horse that is growing in know how, it comes down to human iq thats why countries with strong schooling are strong the usa is dumbing his ppl

  • comesdown to one thing america wasnt any gold to back its coin or tresoury bionds so the ones that accepted the debt bounds are waiting for america to make up comodities that like in the past have human desirable traitslike viagra that gives old man hards ons, things that actuaklly have the fire of inventionand brilliance aremost important, but if china says itsenough they sell their bounds and loose somemoney but then right after they will comeup as world leaders, america will sink into mud

  • the only way for countrys like japan to sendmoremoney is if america keep making tech advanxces and making xcomodities that are desirable for rest of the planet,and breaking ground, if usa stops having brains then there will be no point for japan to keep sending money and betting on us economy that needs to much and that was been delivering in many fields but more and more was become mediocre in many fields thats why the debt is mouting people arent so surprise with american comodities

  • If every one consume goods like americans do, the earth will be exhausted in 5 years. so could americans plz stop cursing china for stealing your jobs, don't foreget, your american way of life is based on the goods supplied by many third world countries. people there sacrafice their holidays, their health so you guys can borrow infinit money, and squander them.

  • Americas known damn well that countries they don't like have been stockpiling american debt - If they didn't want China + Saudi arabia to have them over a barrel then they shouldn't of spent so much.

    No person would be stupid enough to get in debt with an enemy.... So how stupid must the hundreds of treasury officials in the US be to do exactly that

  • When the war occurs for daytime

    The opinion separates into two in Japan, and whether goodness when which is believed is not understood.

    Because the United States is a country that gives priority to national interests, it doesn't help in Japan. With the opinion

    Improving also of business and attaching of the arrival of the United States at Japan and can obtaining rights of China to Japan ultimately become national interests.

    There is an opinion

    How what is it actually?

  • @AntiChinksFederation fuck you! viet commie.

  • Fuck it.

    World war 3 please.

    We should just give it once last chance.

    Lets try to invade and take everything lol

  • @Jimstaa07

    lol

  • RT is doing some wishful thinking. The economy of the US is a 14 trillion dollar economy. I am 63 years old and all of my life the Russians have been predicting the collapse of my country.

  • @chairde: as much as it surprises you; there isn't a single country in the world that is ready for the collapse of USA not even it's enemies, the entire world is not ready to loose no:1 consumer nation, USA still exports most of it's manufacturing jobs, that with the wrong foreign and internal policies(social and economical) USA is heading for a total collapse, evey month 10/15 US banks closes down. 1000s loose there jobs loose there homes,

  • @mickyboy200768 The USA is a13 Trillion dollar economy. I am 63 years old and my mother lived through the Great Depression. I have lived through several recessions and I am still here. The nature of the economy is to go through these cycles and cleanse itself of the waste. I would suggest you view George Freidman's videos about the next 100 years. I LIVE in the US and I don't see any banks closing down. Prove your statements with facts.

  • @chairde :sir, you'll be forgiven if the US corrupt news stations don't show the real news on prime time,the US government is trying so hard to cover up the real state of US economy , what ever i put on my comments is the truth, you google it sir, check the FDIC.gov website, it'll show you a detailed list of US failed banks, you may live in the USA but as many americans you are oblivious to the real worrying state of the US economy and other internal problems

  • @chairde sir ,at your age you should know that you can't judge the wealth of a country by there GDP any longer , USA may be a country with a gdp of 13.5trillion but it is also crippled with dept , most of US government and media outlets will lie to you they say american dept stands at 9trillion, infact its close to 80trillions, 9trillion national dept, about 56trillion money that owe in social security,medicare..etc and another 16trillions in insurance guarentees such as home and business loans

  • @mickyboy200768 Please give me the references that support these numbers that you are talking about. I await those references.

  • @chairde very easy just google what ever you need to research, also check some videos of (US deficit) on this site

  • @mickyboy200768 Just as I thought you are pulling numbers out of your ass. 

  • @chairde , i m so disapointed on you man, for a 63y old Retired School Psychologist you sure replied like a red neck, would it have killed you if you went to the american census bureau website to look for your self, you are a lazy jack ass , wonder why you know shit about your own country, you are part of the american lie, don't ask don't tell society, do your dam reseach for the truth yourself instead of waiting to be spoon fed

  • @chairde The american Census Bureau said in a report published on Thursday that compared to the year 2008, the number of poor people in America increased by 4 million making the poverty rate climb to 14.3 percent in 2009 from 13.2 percent in 2008.that's 1in 7 American lives in poverty and it's getting worst by the day, this is just the beginning my friend, today the US House judiciary committee heard the case of 100, 000 children are exploited in sex trade in the US each year, wake up friend

  • @chairde the gap between the rich and the poor is widening, homelessess, prostitution, fraud,crime...etc all on the rise , USA don;t need any outside help in order to collapse ,it's only a matter of when, as it is this year's US deficit is at an unbelievable high figures, and there is very little signs of true affectives cut backs, and the fed will start printing more fake dollars soon again. American homes are still 33% over priced , the entire population have to take pay cuts / pay freeze,

  • RT is doing some wishfull thinking.

  • RT is doing some widhfull thinking.

  • thumbs up if your glad to see china overtaking usa

  • Problem is a lot of factories in China are also foreign owned and US corporations are one of their biggest sources of FDIs. The way I see it, the world's major economies and regional trading blocs are so interlocked due to globalization that a US collapse would most likely set off a domino effect and in all likelihood take the rest of the world down with it.

  • This guys doesn't think everybody will follow the herd to jump headlong into oblivion? I think he is overestimating most people's ability to think calmly for themselves.

  • Who's that girl at the beginning, she's so effin' hot!

  • RT is good entertainment, it's more gossip then news.

  • usa will crumble and fall.

  • The US is the only real export market of China. China needs a low Yuan and so they buy the Dollar (that one the other hand reduces the interest rates of the US debts)

    Don't let you fool by the RT-propaganda, China-US are allies and depending on each other. All this talk about switching currency is old, but no actions follow, it is just diplomatic talk to pressure the US a little bit

  • so nuce to see the USA's downfall!!

  • philip de leon is saying don'tt worry peple china will never collapse us, they need us ,,, really?? more chinese are buying their own products,,,,maybe he doesn't want to scope us or may be he is an ignorant??? china will collapse the u.s.a and that will open the doors to the insanity why?? because the chinese need land so after they collapse the usa then they will collapse the rest of the world..within 20 years the world will be full of chinese and the world will be a communist world!! lol

  • When the US stops buying Chinese stuff (tariffs) the Chinese economy falls apart. The US is the number 1 business partner of China, China tries to reduce its dependency, but it still is huge

  • @AustrianAtheist ur right but china can use its massive surpluss to expand their own consumption for their own products like they did during the recession when US demand dried up. china will probably benifit cos right now they r selling products with real value for US dollars which is going to collapse. US on the other hand is gonna get screwed over when they stop buying from china, prices r going to skyrocket while living standards r going down the toilet

  • I am not so sure about that. Of course in China, there is a middle class rising up and it is a gigantic market. But the fact, that China exports so much also means that the working class there can't afford all of their products yet.

    And China has an interest in a strong $/a low Yuan, it makes their products even cheaper. I don't think the $ will crush too soon, but maybe the US will cut wages in order to compete again? I really think that China needs the US as an export market

  • @AustrianAtheist i agree with you about the short term economic relations but say in 20 years things need to change

  • the only money that must be IS monet printed by a GOV based on FA else but Gold n silver anything else is BS crap mad in the 1870s for 20 years in the USA inflation was 0.2% because their money was REAL MONEY based on silver n Gold want to learn something? THE MONEY MASTERS same bankong family financing England n France in their 100 year wars never giving enoughto either side the longer the war the more their profits all they care about FA else

  • work like dogs 24/7 but u must use my bog paper money i print n write different numbers on itbased on FA but hot air HAHA u earn so much the WHOLE USA earns so much so what? me banker master me print MORE much more every year u r money is worth less cause am printing more all the time me Rich u poor till in the end usa "owes" me up to their eyebrows how with the bog money i print! U R ALL MAD if u cannot see this very simple

  • love how this idiot dodges the real questions

  • That fact that this is being broadcasted on russian networks only proves that the world is dependent on the well being of the US economy. it would be foolish to let it tank.

  • americans are so brainwashed its not funny

  • @xiaoxiayu : /

  • @xiaoxiayu so are chinese

  • @xiaoxiayu please elaborate, i would love to hear your "brilliant" explanation as to how the american people are brainwashed

  • STOP BUYING CHINESE MANAFUCTERD GOODS. simple as.

  • @SuperJameschelsea yeah, and start off buying expensive USA's goods? how smart

  • @SuperJameschelsea lol easy for you to say right now if i stop using chiense product i have dump all my cloth, my computer, cell phone, my table, pl8, sofa, tv,... pretty much everything i own. i tried to buy none chinese product, and i looked for hours and can't find it. and i am pretty sure u will see everyone in the street walking naked because they can't find none chinese made cloth haha.

  • The US dollar collapse will likely start when Time Magazines "Man of the Year" starts raising intrest rates and moving out printed trillians. Inevitable US inflation will follow. As the trillians of his printed money continues to find it way out of the fed stockpile, a wise person will would watch inflation rates and try to predict who will duck and run from the doll;ar first. It will be either China, Russia, India or Japan. Thats when the SHTF.

  • Tell your Senators to force the USA to increase all import duties on Chinese made products. All products imported into China are subject to at laest 100% duty rates

  • @bmer650 may be good economically, but very very bad politically. you don't want to piss of the big red machine

  • @nokalite who cares about the policians its time we stood up like the Frehch do and demand the people are heard.

  • @bmer650 yup, and start WW3. you need to be conscious of the consequences.

  • @nokalite so your saying the west should let this happen and not stand up for themselves. If china want to be in the WTO it needs to play fair. But as big business in the US and Europe are making lots of money the politicans will do nothing. But this is short term. You watch our unemployemnt will not recover.. all the jobs are gone. We are on a downward spiral!! and all of us that shop at Wal-mart are to blame!!!

  • Stop buying Chinese food products juicy Juice, Nestle, clothing nike, Addidas and any products... Stop shopping at WalMart!!

    If we dont we are all screwed

  • lmao frog story

  • If China can't see us selling arms and meeting world leaders. They should wage war with us. Same as we did with Irag and Taliban, alqeda. We American don't give a dame.

  • And because you waged war with iraq, taliban, and alqueda, your economy sucks. Sorry, i should say ours because i am also american.

  • problem is we are giving China the power and money they need to destroy us, Big business is selling us out, they move there production to China for short term gains, But what happens when there are no jobs for us? The USA is scared of China, because they have the power to destroy our economy. No one does anything about WTO violations the Chinese keep doing, keeping there currency artificially low and flooding our country with cheap over subsidized goods. To kill our manufacturing capabilities

  • @bmer650 Ya I know...don't you just love how China is fighting the good fight: destroying America...when your poisonous derivatives-based and speculation induced economy fails then the funding for all the wars and instability in the world caused by Israel and its proxy (the U.S.) will cease...why then would anyone want to boycott China? As a matter of fact, I think I'm gonna go buy a shit load of crap manufactured in China that I don't need...just doing my part you know...

  • @zilzal56 @zilzal56 I am not even American i hjust live there. I also care about European and yes Canadian econmies. By the time our children and clidrens children enter the work place there will be nothing for them to do, As our ability to manufacture anything will be gone. Even you in Canada will be hard hit. You carrry on buying there shit, good luck finding any sort of job, when the west is broke!

  • @bmer650 (1) I don't know...I'll go to China, plenty of jobs there...or maybe Russia, or Brazil, or the Gulf, or India...or basically any of the countries that are going to benefit from the US's economic downfall...it's called immigration, it's been going on for thousands of years...we'll survive...what won't is a system that creates fake wealth with derivatives and funds wars, instability and state terrorism....

  • @zilzal56 Good luck, im in China at the moment and there are no oportunites unless you are bringing large amounts of ordders and/or money toi the country. Russia nice one, the Gulf oh yes!! Brazil... Possibly but they have there problems also... until you have travelled a bit you should'nt make such bold statements! You carry on giving your dads money to China as they continue to fuck Tibet and keep over a billion people working for $40 a week, while the bosses are worth millions

  • (2) If the US and Europe have to fall (after 500 years of exploiting the rest of the world) so that the rest of the world can prosper, then from a purely mathematical perspective, the aggregate net change in global wealth will be overwhelmingly positive.

  • @zilzal56 what do you mean exploiting the rest of the world. China was the richest country in the world for 10 out of the lkast 11 ceturies. Its not the west fault that other non developed vcountries did not move forwrad or were busy exploiting an/or killing each other.

    Go on blame colonism, i dare you!

  • @bmer650....Yes, it starts with Big business (Fortune 500)....it they did not set up factories and/or contract supppliers from abroad, the jobs would still be here....if we stop buying Chinese food products juicy Juice, Nestle, clothing nike, Addidas and any products, do the U.S in the short have the capacity to manufacture the products? If so, the products will cost much more (China has a low labor force)....

  • zyeahh -- Russia Today for ENGLISH speakers ....

    Got IT ...

  • What is this channel?? Why Russians speaking in English and why da so much interest in American economy??

  • be thankful that they are here , probably there are people someplace in power that wants us to have the truth

  • world has found usa a losing world power , and it is a dying economy , no problem ,it is natural , once it was Russia and now USA . it is nattural world Cycle.

  • USA is not a dying world power by any chance. Sure its influence economically waning, but there is no one else even close. Not even China.

  • don't believe are soldiers have to depend on the charity of police departments for gifts of old bullit proof vests to our troops , military might comes from money and the will to fight how many people today that fought is the past for this country would not fight again because they feel the leadership has betrayed them

  • leaders of other countries also betray their own, so this really evens out. Yes, bullet proof vests are donated to the troops but that just shows how much the people of the country support them.

    Patriotism is USA is very high and there is no reason to believe it will diminish. USA will be no. 1 for a long time, specially since no one else is even close...

  • China is are new enemy. wake the fuck up they want us out of business

  • hello dear, sorry i have to desagree with you, china is not putting AMERICA out of business ,it is the american manufacturing companies who are killing the work structure in USA ,by sub- contracting all this jobs abroad mostly (china / india) .they earn more profits this way,

  • @/mickyboy200768...its the Fortune 500 guys who wants to make the big profit by exporting the manufacturing jobs abroad because of the cheap labor force,,,the ROOT of the problem is as simple as that.....

  • @jw676

    the labour force is cheap only because its in-line with the domestic cost of living, for example:

    usa standard cost of living: $200

    china standard cost of living $40 as in, u buy a comp in usa, its $1000, while in china its $200, its the difference in each countries economy inflation, so you can't possibly change the price of the labour force without first causing some sort of economy shock

  • @JW69Stryker Also you have to consider the vast majority of chinese people don't spend beyond their means. Americans nowadays rack up up their credit cards debt, mortgages and personal loans as if being in debt is a good thing. If the average american didn't have delusions of grandure maybe we wouldn't have had the housing bubble and the current financial crisis.

  • my father told me once : (never try to bite the hand that feeds you, )

    china,japan and the arabs are all the main borower to the USA , and yet USA loves to piss them off and bullie them every chance they get .lol

    just like a crazy nervous pitbull , sooner or later almost every home owner in USA will have a negative equity on there homes, time is very very close, that's when the real shit will hit the fan ,what we saw up to now is nothing compare to what we will see this and next year in USA.

  • the middle eastern and asain slaves are about to revolt

  • Comment removed

  • @mickyboy200768

    Interesting thinking!

    I totally agree!

  • @mickyboy200768 wuahahaha!so true....die kenny die!

  • I don't think that China is our new enemy

    wallstreet gave China a real; royal screwing with diriviatives , since wallstreet is in bed with Washington

    China is reacting , it could lead to war though if it does the wallstreeters and banksters would be responsible for a lot of carnage

  • Selling the treasuries is a matter of time as the USD is not sustainable. Better get rid of it while you can.

  • Who can blame the Chinese for their refusal to buy more US debt?

    We in the US have been terrible negotiators,always forcing and coercing.

    China is the next great superpower,let us hope they avoid having Zionists infiltrate their nation,banking,media and military affairs.

  • What's the point in a debt ceiling when all you do is raise it when you need more money.

  • The dollar is already dead, the question is when the corpse will start to smell so bad that it will get dumped in a river.

    It would actually be beneficial for China if the dollar collapsed and the yuan appreciated.

    This whole keynesian nonsense has got to end. The question is whether or not the chinese are dumb enough to go down the fiat road, like america.

  • The Chinese are bullies. They think they can bully the US (or EU) like they bully their smaller Asian neighbors. They can't and their 'Diplomacy' comes across as a clumsy, immature, spoiled child. You could say, as a nation, China lacks social skills.

  • What would happen if say, for example, the US left the WTO? What would happen if world "Free' trade collapsed?

  • Japan is in terrible economic shape and has been for years; it's deficit spending is legendary.

    China is not as powerful as commonly thought: Most Chinese still live in abject poverty, it's demographics suk, it's economy is much softer than commonly perceived, and it is no match economically or militarily compared to the US or EU.

    ******************************­********* Where is China and Russia(!) during these Vancouver Olympics?! US, Germany, France are in the top spots.

  • @dingleberry, China has 2 Golds so far with more to come in the winter Olympics, that would put them in 3rd spot, not so bad when you consider all the athletes are from 2 provinces in the North East. The question is, China has liquidity and Europe and US have none.

  • What do you want to say by this? You know the issue here is not japan, or china or EU. Whole world economy is in sh*t. But does that make me worry? Nooo... End of this is the beginning of something else.... cycle of life and death. Nothing lasts forever. The point is world WAS too dependent on USA and it was exploited. World have found out.... now its turning more and more away from USA. America is a dying empire. It won't withstand and will collapse within next decade.

  • @Flankymanga

    w ww .anarchadia.over-blog . com

    Check it out!

  • every empire falls ,

  • He certainly got crossed up on the most important question didn't he?

  • The point is US is meddling in China's internal affairs. CHina is not doing that with USA. Dalai Lama is a US agent against China.

    What if China will advocate Alaska to be an independent state? How would the WH react?

  • The GDP of the United States & The European Union is around 32 Trillion These two Unions are really viewed as one alliance. China's GDP is about 4 Trillion. When the U.S. & the European Union stops buying, that will bring down all countries that also buy from China. So China is in a Catch 22 situation, they are dammed if they do & Dammed if they don't.

  • the Chinese economy is so much bigger than the government can control. If you think U.S. consumers are scared, Chinese consumers are equally scared, if not more. Stocks in China are down 60 percent. The new middle class who owns multiple apartments is living on a lot of borrowed money. They're in very bad shape.

  • haha.... all the people were telling that China can't dump the debt... it would hurt her.... there you got it.... china can and did it.... Now US is definitelly going down.... the sunset of an empire

  • But China only dumped a small amount and the effects will not show for a while. Be patient

  • Yes but i am fairly convinced that US will continue because they will not bend to the will of China so Chinese will dump even more of t he debt causing bigger troubles to US.

  • Wei Li, a professor at the University of Virginia's Darden School of Business stated "The outlook for China is very grim. Much more grim than for the United States. There are two main drivers: Housing and exports.

    What about exports. There's been a double digit decline. For every 1 percent rise or drop in U.S. consumption, Chinese exports go up or down by 10 percent. The effect is 10 to 1.

    consumption down in the U.S. by about 2 or 3 percent, exports in China have fallen 20 or 30 percent

  • Well you know i am a bit sceptic about these statements as in the summer of year 2008 whenonly few months before the start of financial crisis were left. The economic outlooks were marvelous and all these "experts" were saying differrent things that actually happened later. So telling that China have much more to loose than us when in fact it will force us business to leave when in fact america haven't found a substitue to China while the Chinese could have substitutes for the US companies...

  • People diversify, so do countries. Simple rules we all follow in our investments.

  • To Russia with Love: Russ. Rock Band next to me here in Montreal, just moved back to Moscow! They said things were much the same there - but they would get more Gigs, paying more! The leader, Griegori, also ditched $20,000 in debt he got by driving new SUV between Apart. & Studio! Guess he has done his bit in driving US more bankrupt? Culture & Love (including hot sex!) are so much more important than money! The '60's were so cool over here!

  • Life gets worst after paying debt off. Its like you have a credit card & you are shopping all the time and then you decide not to use credit anymore; now you cannot shop as much

  • shopping is not so necessary

  • No shopping is not important when you have a close good family, but these days families separated and are not close like they should be. I guess its because they are all busy shopping and working

  • you know and with all due respect i think that the problem in american society, that and no religious following(which ever religion) like it or not those 2 things leads too a good and happy life without material stuff that in the end they dissapear

  • You are right about that

  • @Moore983 Yeah considering that USA has proped up corporate capitalism and the most oppressive regimes in the world.

    So your wish must come true. Nice msg bro.

  • I think the World is going to collapse, did you how in debt of the Nations are? Japan is worst off than we are.

  • Us is definitely the scorpion.

    They gave the most money, resources and weapons to Hitler, Iraq-Iran War, Mexican drug lords, Chinese enemies and Afghanistan druglords.

    China never stung a coup with any country.

  • Though china might reduce some of the holdings, I hope they won't dump all their US bonds. Dumping won't do good to China neither the US. US is the world's largest economic entity, the consequence will be big.

    Who will benefit from the dumping?

  • Some people think they will self sustain and do ok by selling to other countries. The problem is all countries are bankrupt

  • 2:33--- "if everybody goes and follow the herd"... the problem is that, as ImperialEmpire sad, the bond holders are mostly the people, and they will not hold to the bonds if they dont feel safe with them, you bet the "snowball effect" will happen, the dollar colapse is sooner than DeLeon would like to admit!

  • RT never tells the whole story. Japan has ALWAYS been the biggest holder of US bonds, except in 2006 (or 2008?) when China passed them. China's gov't sold about 50 billion in bonds but still holds almost 800 billion. Japan purchased a lot of bonds this year, which is why they are number 1 again.

    By the way, when they say "China's" bonds, they are including PRIVATE individuals, not just China's gov't. China's gov't doesn't own that much US bonds, percentage wise.

  • You know these are details. Japan is at brink of an economic warfare as first of all its new prime minister is not an american ass kisser. Second US is doing anything to stay on Okinawa which is against Japaneese interrests and third recently US started to hurt japanese industry workhorses like toyota and honda by pointing out possible minor problems on their cars announcing them as severe issues forcing them to recall back many cars. Believe me Japan will soon start selling off US debts too...

  • @Flankymanga, I actually agree with you. Honda and Toyota are excellent cars and the US and its media cohorts are playing a smear campaign against the formidable Japanese car companies.

  • You know why? Because car industry was last of the american mainstay.... WAS... its not anymore. Now america is a producer of weapons and chips. And even here american intel, amd and the rest are being replaced by the companies like Samsung, LG, Renesas, Toshiba and asian electronic manufacturers. American existence is becomming less and less important to the world economy. And they know it.... they want to slow down the process of their own disintegration by such false accusations.

  • Awnser for China..strike war against USA when the time is ripe.Take it over.

  • I know Kink - it's become a joke - the US is caught in catch-22's where-ever it turns!

    Yet listen to the idiot pundits spout! Bush destroyed the US - there will be revolution!

    1) Whole US is built on energy-wasting it can't now GET: Houses, utilities, oil-cars, you name it! 2) His senseless wars are terminal dysentary! They see the total wreck coming - but can't do anything now, so bury their heads in the now-distant past! Joke: US economy is 3 times China's (in bucks worth 1/10th!)

  • Please give De Leon a pacifyer! He acts like one cool babies lecturing his kretch!

    As China increases pressure - at whatever pace it choses, more US'ers are thrown out of homes, US inflates more, paying the interest on it's debt becomes more impossible, and any aggressive war moves become more dangerous of loss. Slapping 44% tariff on magnets, needed by ALL US electronics - including new energy weapons & anti-missle defense alarms US military. Squeeze slow China- but don't stop!

  • Why the hell is she so excited?

  • the usa and uk are bankrupt. get rid of assets in those countries before they are worthless or you end up liable for debts in some cases. self interest first is a must.

  • We are not yet facing a replay of the 1970s Gilts Strike, but we are not that far off either.

    The fact that Brown has not done a thing to cut spending and it is still spiraling out of control on his pet projects that even he admits have no real benefits is not helping coupled with the fact that they are going to hype interest rates as the figures they are using for inflation are flawed in that they include the VAT rise, more expensive food due to a bad winter and higher oil prices.

    cont...

  • Not consumer spending on the high street is truly pathetic and only one more decision to chose to support the banking institutions that caused the problem in the first place rather than the the tax payer that keeps having to foot the bill. This government and Brown especially who was chancellor before and responsible for this mess could not successfully run an ice cream stand on a sunny beach without going bankrupt.

    cont...

  • The Tory budget is much more realistic, for a start it bases its figures on the only independent charity IFS Institute for Fiscal studies in the world. They have no political affiliation or motive as no backing from business is allowed. They are a respected and trusted organization world wide.

    So role on with the election. There are no easy answers or short term solutions. But we cannot even begin to tackle our problems while Labor is still in power.

    cont...