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China Urges US to Protect Creditors After S&P Warning !

 
PatrikC325
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04/19/2011 11:50 AM

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China Urges US to Protect Creditors After S&P Warning !
China's Foreign Ministry said on Tuesday that the United States must take "responsible" measures to protect investors in its debt after Standard & Poor's threatened to lower its credit rating on the United States due to a bulging budget deficit.

Just like in the video the Day the Dollar Died!

[link to www.cnbc.com]
Anonymous Coward
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04/19/2011 11:53 AM
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Re: China Urges US to Protect Creditors After S&P Warning !
That is funny, didn't China get it's vast holdings of US debt by it's our trade deficit? They have security in their holdings, all those corporations that built factories in China, if we default on our obligations all those factories for American products will be seized by the state.

pigchef
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04/19/2011 11:55 AM
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Re: China Urges US to Protect Creditors After S&P Warning !
We should just nuke China. Credit problem solved!

abomb
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04/19/2011 11:55 AM
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Re: China Urges US to Protect Creditors After S&P Warning !
That is funny, didn't China get it's vast holdings of US debt by it's our trade deficit? They have security in their holdings, all those corporations that built factories in China, if we default on our obligations all those factories for American products will be seized by the state.

pigchef
 Quoting: Anonymous Coward 961432


That would be awesome. Maybe the big corps wouldn't think taxes in states are quite so bad after that.
Anonymous Coward
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04/19/2011 11:57 AM
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Re: China Urges US to Protect Creditors After S&P Warning !
That is funny, didn't China get it's vast holdings of US debt by it's our trade deficit? They have security in their holdings, all those corporations that built factories in China, if we default on our obligations all those factories for American products will be seized by the state.

pigchef
 Quoting: Anonymous Coward 961432


LET THE BICH CRASH teach the bastards to take our jobs oversea violin

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