CRISIS REPORT: China Threatens to Collapse the US Dollar!?!? Part 2 - China's Bold Gambit

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The tables are fast turning against the deeply indebted US Govt officials. USA Inc is in deep trouble. Its productive engines in both finance and industry are either wrecked or sputtering, even as its debt burden grows exponentially. Debt default litters the landscape. Next its sovereign bonds will be have to be sold to some extent outside the US$ Sphere, which will put at great risk its stock, namely the US Dollar itself. Lets call them US Govt Dragon Bonds. The custodians desperately seek creditors to supply much needed capital in order to fund the gigantic and growing US Govt debts, which by the way are grossly understated. The last resort is to monetize the US Treasury Bond issuance, a process well along. With the aid of the US Dollar Swap Facility, the US Fed has been able to secretly bid on US T-Bonds from foreign soil, have it appear like foreign bids, and conceal the continued and broadening monetization initiative. The United States is boldly defying the creditor nations, printing money, and buying its own debt. When more fully revealed, the US Dollar will suffer the consequences. A sense of betrayal will surely come, much like discovery that the CIA has been flooding the globe with counterfeit $100 bills, or Wall Street has been flooding the globe with counterfeit Fannie Mae Bonds. Closer to home, it is akin to selling lemonade has been secretly watered down, or putting lawn mower clippings into the reefer batch before sale. By Jim Willie

CRISIS REPORT: China Threatens to Collapse the US Dollar!?!? Part 2 - Chinas Bold Gambit

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[xmenrus]

The EU is discussing a bail out of Greece by Germany. The german PM is insisting on really deep spending cuts by the Greece and increased taxes. I can see in 2010 China insisting on the same medicine for Pres. Obama. Interesting times. The US is bankrupt.

[000Winter000]

China is planning to invade and take over America.

[xmenrus]

@randomdude5640 Your wrong. You, like our mafia federal government, omit off-the-balance-sheet contingent liabilities of Medcaire and Social Security which amount to about $65 Trillion. Total liabilities are arouind $110 Trillion. The definition of BANKRUPTCY is an inabiity to pay futures liabilities: USA is BANKRUPT! It's a recovery it's a cover up by the FEDERAL MAFIA. Stock up on canned foods, rice, beans, water, and start a victory garden for fresh veggies. About a 6 month supply.

[xmenrus]

@jmallton No, China's economy is split and the agricultural sectors lives of the land. That is not reflected in the numbers. No matter their population is 4 times ours. They win everytime.

[jmallton]

@xmenrus You live in a dreamland....or maybe i do....last research I saw had the USA with over 6000 deliverable war heads......Russia with over 5,000 ...and China with 800....

[xmenrus]

@jmallton It won't be mass killings. It will happen sectore by sector. China is the only couintry in the world with Neutrons Bombs. The US has dismantled all our Neutron Bombs. Per Joe Levy, the inventor of the Neutron Bombm, wrote in his autbiogrhaphy that George Bush Sr., when the Head of the Cia, covertly gave China the secrets to the Neutron Bomb. Also China has the largest standing army in the world. They can match their atomic missels, their airforce, their naval fleet to ours.

[jmallton]

@xmenrus Poor as defined by the chinese government...over a billion chinese people and households fall below the $1200/ year income level....so you can see that is very poor.....I dont make light of the situation there...but China is no powerhouse.....

[xmenrus]

@jmallton I suspect that your definition of 'poor' may be a lttle diferrent from poor difined in China. "Poor and content rich enough rich enough"....W. Shakespeare

[randomdude5640]

If they will enslave and build up an economy on the sweat of their own people what the hell do you think they'll do to us? I'm black. I won't let my race come out of picking somebody's cotton to picking somebody's rice. I can't believe there's people who wouldn't mind the hypothetical situation of working for the Chinese.

Some of you need to know where the hell you came from and stop kissing their asses.

[randomdude5640]

@xmenrus if the US's assets outweigh their liabilities then how are they bankrupt?

[cupa8000]

It looks like the crooks at the top who are paying their friends off then letting the people be given over to china.china is sending thousands of proffesionals in now as doctors and such.It could be a big set up for biological warfare.

[SidneyBou]

Imagine a world in wish no one could cheat. With money. Maybe we could make money out of something like paper, no there is a lot of paper maybe we could make money out of dirt, no you couldn't move it. I know maybe yoiu could make money out od gold or silver as the constitution of the United States demands in Article 1 section 10 paragraph 1. Why do you suspose no one knows that? I know they all are theves but the rich men are stealing from us. Ha Ha Ha Oh well.