China says lending to US will not go on forever

Quote from Paaah:

China will never stop lending to the US.

If they stop lending to the US, the dollar is very likely to plummet, and all the savings of China will be reduced.

Indeed, the most important part of the chinese savings are invested in the US (Treasury bonds) and thereby consist of dollars.

There is an interdependance between the US and China, and no one have an interest in breaking it.


The Chinese have been slowly letting their currency rise against the US dollar. If the dollars starts to go down substantially, they will let their currency rise further. It appears the Chinese are selling dollars right now and buying Euros.
 
Other than the article mentioned originally, do you have any other proof in the form of factual data that shows the Chinese are selling dollars and buying euros like you claim?

Quote from harkm:

It appears the Chinese are selling dollars right now and buying Euros.
 
Quote from Ivanovich:

Other than the article mentioned originally, do you have any other proof in the form of factual data that shows the Chinese are selling dollars and buying euros like you claim?

I said "it appears" so no I don't have any proof. But, it does appear that dollar is tanking and the Euro is rising in the past week. The British Pound isn't rising. The commodity currencies aren't rising substanitally. So, it appears that somebody is selling dollars and buying Euros(and swiss francs). Probably the Chinese.
 
Quote from ivanbaj:

Monaco is a MONSTER created by the USA. They were about to build a massive terrace over the Mediterranean see and take it over. Luckily the project is on hold now.

Surely meant as a jumping off point towards their aspirations for world dominance. Its those "hidden desires".
 
Something's wrong with a country if a recession threatens uprisings. Not even a recession, just a slower growth. Or maybe all these talks about uprisings are just over exaggeration, since these words come directly from the communist party and it's weird they would use these word without a clear purpose. As for China's domestic consumer, where is he? Only the minority in the country are considered middle class, if they can't overcome this, they won't overcome the next recession either.
 
>Something's wrong with a country if a recession threatens uprisings. Not even a recession, just a slower growth.

They don't call it a developing country for no reason. Fact is 800M of china's citizens are peasants. They need 8% grow to absorb that labour force.
 
Quote from talknet:

To some extent USA created the Monster (India) by outsourcing IT jobs, manufacturing jobs and Techonology.

USA has a bad habit of creating MONSTERS (China & India) which then come back to Devourer/Eat USA.

If these Monsters are not stopped now, then God, the future of USA is bleak.

Quote from ivanbaj:

Monaco is a MONSTER created by the USA. They were about to build a massive terrace over the Mediterranean see and take it over. Luckily the project is on hold now.

4 months back there were 4 Indian businessman among the Top 10 richest man on Forbes List.

Indian companies were taking-over/acquisition Western companies some months back. They had "massive acquisition plans" for taking-over Western companies.

Indians have a "hidden desire" to take-over all the "Fortune 500 companies" and create their Monopoly & Dominance in the world.

BEWARE of China and India. THIS IS NO JOKE.
 
Quote from talknet:

4 months back there were 4 Indian businessman among the Top 10 richest man on Forbes List.

Indian companies were taking-over/acquisition Western companies some months back. They had "massive acquisition plans" for taking-over Western companies.

Indians have a "hidden desire" to take-over all the "Fortune 500 companies" and create their Monopoly & Dominance in the world.

BEWARE of China and India. THIS IS NO JOKE.

what is wrong with ambition except the lack of?
 
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