Chinese anger over US debt

China has expressed strong concern at the downgrading of America's triple A credit rating by Standard and Poor.




Statements were issued through the official Xinhua news agency. In one it says that as the largest single creditor to the US China has "every right to demand that the US address its structural debt problems to ensure the safety of Chinese dollar assets."




...
http://www.euronews.net/

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• USA

[fastkillmmm]

@frontdesk123 Chinese factories are shutting down right now? Are you joking? In 2008 maybe China shut down a lot of factories but now all come back again thanks for the growing domestic consumers in China. These days employers have to send hundreds of big buses thousands miles away to take their employees back to work after the Chinese New Year or a whole week off of Chinese labour week.

[frontdesk123]

Why are they upset? And, we should "live within one's means?" What? They happily make cheap stuff for us to consume. China is like an upset drug dealer. Hundreds of Chinese factories are shutting down right now because we are only now realizing that we have spending problems. Hey, China, why didn't you play the responsible bartender role and say to the U.S. that you've had enough to drink. We've crashed, the global market is in trouble, and China wants to play the blame game. Sheeesh...

[arbitor1701]

SSBM cost alot of money we'd end up borrowing money for more.

I know we all are upset at the debt but I wouldnt nucem,the USA economy tanking is enough damage,plus it was our leaders that did it ,save the Nucs for the Tailbone

The USA just injected a mild antiviral into the economy to stay off a full blown

viral infection,well see what happens.We all need to watch Billy the Exterminator

catching Coons.

[rw5791]

we got your debt,right here.24 icbm's from a trident submarine,one each for every chinese city.

how u like me now?

[AtlasDerek]

I don't have any problem with China buying up all our debt because we can always declare bankruptcy and get a clean slate.

What may actually happen, however, is China may start buying up land in the United States. When they become our landlord, we are screwed. They have already started the process in a few major U.S. cities. Can you imagine getting evicted in your home land by some Chinese?

[arbitor1701]

Yes the crash is intended and no one can stop it. the Bank of China lost 4.3% today and thats just the start. T-bills were safe they said but for how long,Even the Billlionares didnt see this one and now there going to see a tax hike and inflation.City bank is getting sued for 10 billion in illegal practices.

Teaparty got the blam for this,the timing of the debt ceiling change,was well played

and it played out to happen over a weekend.Great.

[TagNbagUM]

It is simple, we pack up everyone in the government from the county clerk to B.O., all the Bankers, Wall Street financiers, Federal Reserve, IRS and ship them off to China to use as their new slave workforce and as partial payment on the debt. We will agree not to look at any human right abuses concerning these people because non of them are human. Feel free to use them any way you want, slave labor, prostitutes, fertilizer. We know their not worth much but it is a start.

[pookiroo]

the charade is over U.S. the world is done with your bullying. china will not get weaker due to U.S. weakness. that is the biggest lie. china is astutely smart and will have success regardless of the U.S. china will break away on it's own. 

[GnosticNinja]

@arbitor1701 Well said.

The only part you missed is that this 'crash' is intended, that engine driver #8 intends to wreck the train.

[xlightable]

The King's naked, the King's naked!