China owns America? : Chinese Professor

Quote from hippie:

The Chinese has been con into slave producing cheap goods for the West. The US debt they own will soon be almost worthless as Ben keeps the printing press going. I hate to see them so dumb!

I thought they keep the proceeds in debt form rather than the cash in order to hedge against dollar devaluation and their deposit bank running out of business.
 
Quote from intradaybill:

Great nations also fail because they manipulate their currency and China is a candidate for failure.

Could you name one nation in human history that manipulated its own currency on the UP-side, and was a failure?
 
they took a risk by buying crap US paper. in the mean time they kept their economy humming along. it does not look like a bad exchange especially if they let out the $US ballon slowly. in either case china is a winner as the US is sinking into 2nd world status.
 
Quote from zdreg:

they took a risk by buying crap US paper.

That "crap" has been in a bull market for 30 years (until end of august). It was a smart move by china to the buy the US paper.

I would be interested to know if after August, whether they are net buyers or net sellers of paper.
 
Quote from zdreg:

..the US is sinking into 2nd world status.

bullcrap. The US stock market is likely to be the best market in the world going in the next few years. The BRICs will fall on peoples heads.
 
Quote from zdreg:

why should the chinese reinvest their export earning in the US? the US economic system is on life support because of government interference in the economy. the government is creating one bubble after another bubble which will lead to the collapse of the dollar.

it is incorrect to assume that china is dependent on the US for it continued prosperity. there are growing nations in the 3rd world and other parts of asia who can afford chinese goods. other prospering nations of Asia are also fast growing economic partners.
 
Quote from MohdSalleh:

But i am agreeing with you. American will never accept second best and that's why a military war will come. The yellow peril will actualize into reality.

I dont know if americans will be better off if theres both a military and financial war. Well, certainly, not all americans. "American-chinese" will be in deep shit.:D
Will the war include nukes..?
 
the war will most likely be fought in middle east. US will support israel and China/Russia will support Iran. Meanwhile, the US and China will continue to trade with each other occasionally engaging in currency battles.

Quote from Spiker:

Will the war include nukes..?
 
Quote from tradingjournals:

bullcrap. The US stock market is likely to be the best market in the world going in the next few years. The BRICs will fall on peoples heads.

hehehe you really think so
I mean I hope so, money can be printed and with that money more printing machines can be bought :D
 
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