America is becoming used to China buying into it's industries. A damning inditement of America which thought it could just spend spend spend, then when the sh1t hit the fan, print money, then print some more. Further evidence, as if any more was needed, that the US economy is sinking, all thanks to the brainless presidents with their New World Order "globalisation" plans.
Maybe the people one day will elect someone who cares about their country, not the NWO Communist agenda.
Recorded from Channel 4 News, 18 January 2011.
@AnnoyedDragon you make a good point - but I think you should follow the chain of logic from it's start to it's finish.
Yes - China have a stockpile of dollars, and of course sterling and euro.
Follow the logic - what do you do when you have currency ?
You spend it.
What do you spend it on ?
Think about it - inflation will soon go sky-high - and as a result so will interest rates. Many people with mortgages will not be able to keep up with repayments.
China will be buying up everything.
kbdkbd99 1 year ago
@thusharamful you are right
kbdkbd99 1 year ago
China shows its friendly face????
I don't think so.....
when the president get back in China after the US visit,the next thing he would do is to sell more weapons to US enemies and make hateful comment about USA and its products.
Thank God the US has no border with China.They have claimed all their neighbours territories as disputed areas and threatens with Nuclear weapons in a daily basis.
thusharamful 1 year ago
The yanks don't want Germany to invest in America, now they are bought by the Chinese.
alainvig2 1 year ago
Once the US loses its IP, it all over. Its all they have left.
srkh28 1 year ago
i think this is good....it saves thousnds from being laid off...
crowsonatv 1 year ago
Some predicament for China. They have a huge stockpile of depreciating dollars, so where do they put the money? Back into America it seems.
Spend billions to protect your stockpile of trillions.
AnnoyedDragon 1 year ago
'...all thanks to the brainless presidents with their New World Order "globalisation" plans.'
Why do you say that? I got no indication of deliberate sabotage to fit in to a globalization plan from this report.
oliverscott2007 1 year ago
The worst kept secret has now become the reality
solreavir 1 year ago