China building bridge 30 miles long. While we have unpayable debt. Thank you FED, IMF

Put it this way. China has a simpler financial system and a tougher regulator than the US. They also did not leverage to the hilt as western nations were, bringing on the collapse.
 
Quote from krazykarl:

1 of our bombs can kill 250k members of their army. We have 1000s of similar sized bombs. People can do the math.

you are absolutely correct. China has no nukes or any other heavy weaponry.:D
 
You are thanking the wrong entity.

You should be thanking the Republican neo-commies for consciously bankrupting America. The Fed does what the neo-commie buffoons wanted.

1. for their 3 decades of quagmires
2. increased govt. spending based on borrowed money
3. Increased illegal immigrants to work in the farms and meat plants of their corporate donors
4. Exporting jobs using scams like NAFTA
5. Increasing H1B to take away jobs from qualified Americans.
6. Massive levels of deficit spending

If an individual American continuously fought with his neighbors and wrote checks from an empty bank account, he'd be inside one of the high security jails run by republican donors.

Now the activist neo-commies in the Supreme Court allow their foreign corporate donors to buy up American democracy. Or what's left of it.

neo-commies should all be in jail. not voting.


Quote from kana:

Thank you Bush/Cheney for wars
Thank you FED / IMF for debt

Thanks for making sure we lose in the long run to Chinese

http://www.independent.co.uk/news/world/asia/chinas-bridge-of-size-1881354.html

We can't afford stuff like this because we service debt and wars.
 
Quote from rcaldwell:

you are absolutely correct. China has no nukes or any other heavy weaponry.:D

krazykarl is an example of fine US education system :D

as soon as the guy opens his mouth, you can see the writing

"I finished only high school in Montana"
 
Quote from rcaldwell:

Put it this way. China has a simpler financial system and a tougher regulator than the US. They also did not leverage to the hilt as western nations were, bringing on the collapse.

There is a reason why Chinese financial system is simpler

Their government controls money supply (currency printing) where as USA outsourced that job to Private international Bankers in 1913 - THE FED

US congress lost the power to issue debt free currency
 
it's interesting as i remembered a military analyst once telling me that if we started a tit for tat nuclear game with China, we would probably come off the worse,that is if we did not throw the world into flames first. He said that while 80% of America's population lived in urban areas, only 40-50% of China's population did so. As you can imagine, in a nuclear holocaust, urban areas are toast. The geography of China is also incredibly mountainous,2/3's of the country are basically rough mountain terrains, it is hard to knock them out when they can hide in these areas.

A totally unrelated fact is that while China has much less arable land than India, it has a higher agricultural productivity, LOL fucked up:confused: :D
 
Quote from kana:

AChinese debt is non existent, they have surplus. They don't know the meaning of the word deficit.

The NPC's own numbers show debt at the federal level approaching half a trillion USD, or roughly 25% of GDP. In addition to that, is all the debt accumulated at the regional level, over which the central planners have had surprisingly little control due to a number of regulatory loopholes and a high level of semi-sanctioned corruption.

The combined federal/"state" debt in China is around 60% of GDP

Try to switch from FOX to ........well......nothing is good really.

Thanks for the advice.
 
Quote from kana:

I don't think you realize China has no debt, in fact they have surplus.
I would not short them as a country. In fact I would short the United States if I could. The writing is on the wall, Long Term.

For some reason this makes me think of the old quote

"if you owe the bank 10 dollars they own you, if you owe the bank 10 million you own the bank"
 
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