China Threatens To Trigger Us Dollar Crash

[Lights]

yes, green and white teas are the least oxidized of the tea family. can boil them fresh. black teas typically take 2 weeks to a month to process oxidation and dried into pellets. black tea is the most popular as found in lipton, earl grey, etc.

Quote from krazykarl:

from about.com:

"Green Tea

* Pluck the very youngest leaves and leaf buds.
* Blot the leaves dry, and let dry in the shade for a few hours.
* Steam the leaves (like you would vegetables) on your stove for about a minute.
* For a different flavour, try roasting them in a skillet for 2 minutes instead of steaming.
* Spread the leaves on a baking sheet and dry in the oven at 250F for 20 minutes.
* Store the dried tea leaves in an air-tight container"

Wow. Intense.

 

[krazykarl]

Quote from Lights:

yes, green and white teas are the least oxidized of the tea family. can boil them fresh. black teas typically take 2 weeks to a month to process oxidation and dried into pellets. black tea is the most popular as found in lipton, earl grey, etc.

again, from about.com:

"Black Tea

* Pluck the very youngest leaves and leaf buds.
* Roll the leaves between your hands, and crush them until the leaves start to darken and turn red.
* Spread them out on a tray, and leave them in a cool location for 2-3 days.
* Dry them in the oven at 250F for about 20 minutes.
* Store in an air-tight container."

Still intense...

I get what you are saying, but America has only been around for a few hundred years, and we have arguably made more technological progress in this time then china made in 4000 years.

edit: us lazy Americans invented the microcomputer - a device that amplifies our problem-solving skills. I would argue that the microcomputer is the single most important invention of the last 2000 years.(Along with the integrated circuit)

 

[Lights]

i don't think anyone doubts american innovation.

Quote from krazykarl:



I get what you are saying, but America has only been around for a few hundred years, and we have arguably made more technological progress in this time then china made in 4000 years.

edit: us lazy Americans invented the microcomputer - a device that amplifies our problem-solving skills. I would argue that the microcomputer is the single most important invention of the last 2000 years.(Along with the integrated circuit)

 

[Yuvrajjj]

why did the US allow the Chinese to accumulate 1.3 T dollars ??? it seems the americans were sleeping all the while. Mebbe the US should learn to use India to contain China.

 

[krazykarl]

Quote from Yuvrajjj:

why did the US allow the Chinese to accumulate 1.3 T dollars ??? it seems the americans were sleeping all the while. Mebbe the US should learn to use India to contain China.

Why is it bad they have it? It's only paper.

 

[Lights]

cos they needed $ to invade iraq.

Quote from Yuvrajjj:

why did the US allow the Chinese to accumulate 1.3 T dollars ??? it seems the americans were sleeping all the while. Mebbe the US should learn to use India to contain China.

 

[number22]

Quote from Lights:

i don't think anyone doubts american innovation.

Chinese invented the steam bun filled with cardboard box papers; and American invented triple-A bonds filled with sub-primary mess.

Same games played at different level and fields.

 

[AAAintheBeltway]

Quote from Sparohok:

Oh sure. By that standard we can destroy the economy of pretty much any industrialized nation. The cost to the US and the world economy would be unacceptable. We would be cutting off our nose to spite our face.


...at interest rates that reflect their status as third world nations. They are also borrowing in the lenders' currency rather than their own. Borrowing in your own currency is an enormous advantage that is not typically afforded to nations with a reputation for default.

Also, by "today" I believe you mean "a month ago." Not a lot of risky debt is getting funded today.


China's position is only weakened by threats we might actually follow through on. The threats you are talking about are empty because the consequences of these actions would be worse for us than for the Chinese. And you know it, which is why you won't actually endorse them as a desirable course of action.

Martin

I never pretended they were policy recommendations. They were a very partial list of response we could make in the event China followed through on threats to trash our currency or debt. They are ways we could retaliate. As for your objections, of course no action is cost free and yes, we could do it to any other country if they provoked us. That's why we are a superpower and they aren't.

 

[moo]

Quote from Mvic:

You obviously didn't read my entire posting before your innane response. Another indiscriminate knee jerk US basher with nothing interesting to say?

I did. And I agree with you that Americans need to ween themselves off easy credit. It's just not Asian credit, it is credit created by the irresponsibly easy monetary policies of the Fed. The Chinese are just holding (a part of) the paper, as they must, since unlike Americans, they are producing MORE than they are consuming.

I just find it utterly amazing that of all countries in the world you all are blaming China. What have they done?? Just producing a lot of stuff very cheaply for you, and all they want for their efforts are the pieces of junk called US Treasury securities denominated in ever-depreciating dollars.

The Chinese are not forcing you Americans to overconsume, it's your own decision to sink ever deeper into debt. And thus there is no amount of yuan revaluation nor import tariffs that will solve this problem. The solution can be seen in the mirror, but most of you just refuse to look.

 

[PARACLESE]

Quote from moo:

I did. And I agree with you that Americans need to ween themselves off easy credit. It's just not Asian credit, it is credit created by the irresponsibly easy monetary policies of the Fed. The Chinese are just holding (a part of) the paper, as they must, since unlike Americans, they are producing MORE than they are consuming.

I just find it utterly amazing that of all countries in the world you all are blaming China. What have they done?? Just producing a lot of stuff very cheaply for you, and all they want for their efforts are the pieces of junk called US Treasury securities denominated in ever-depreciating dollars.

The Chinese are not forcing you Americans to overconsume, it's your own decision to sink ever deeper into debt. And thus there is no amount of yuan revaluation nor import tariffs that will solve this problem. The solution can be seen in the mirror, but most of you just refuse to look.

ah shit doesnt the truth hurt. They talk about inferior chinese products, what about gm and ford? I wouldnt call mcdonalds fine cuisine either. Lets sink deeper : US treasuries and paper dollars? What happens when you dilute a bottle of liquor 20x? no more liquor just the illusion, the smell. Last I checked the dollar is cotton, and backed by... byy.... future hopes and promises, of future generations. Is this patriotic? some seem to think so. oh and .. the fed will always save us. there you have it, your very own personal saviour. which creates more problems than it solves, after all , they are the ones doing all of the prinitng.