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| 02:58 PM | ||
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| 02:58 PM | ||
China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt | |
| LadyLeo Offer Upgrade  User ID: 853309  United States06/11/2011 07:29 PM Report Abusive Post Report Copyright Violation | |
| G. House User ID: 1424423 United States06/11/2011 07:39 PM  Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt China, which holds $1.2trillion of the U.S. deficit, has cracked the whip to make sure Washington can pay up amid fears America is already defaulting. Quoting: LadyLeoA Chinese ratings house yesterday accused the United States of defaulting, just one day after Beijing urged Washington to put its fiscal house in order. 'In our opinion, the United States has already been defaulting,' Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the only Chinese agency that gives sovereign ratings, was quoted by the Global Times saying. Read more: [link to www.dailymail.co.uk] Total fucking BS. The US has NOT defaulted. What your currency is valued at has NOTHING to do with defaulting. The US has been pissed off at China for years for keeping IT'S currency artificially low (which gives it a huge advantage in the market place). US currency being lower in value GIVES the US a better position in the world markets. Last Edited by G. House on 06/11/2011 07:40 PM "Everybody lies." |
| NicoleJames User ID: 1427373 United States06/13/2011 11:14 PM Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt All this trash talk won't matter in a few years. China is signing bilateral agreements with neighbouring states and a few not-so-close countries to use RMB for trades. When the QE3 comes, expect dollar to drop further. |
| Anonymous Coward User ID: 1020911 United States06/13/2011 11:21 PM Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt China, which holds $1.2trillion of the U.S. deficit, has cracked the whip to make sure Washington can pay up amid fears America is already defaulting. Quoting: LadyLeoA Chinese ratings house yesterday accused the United States of defaulting, just one day after Beijing urged Washington to put its fiscal house in order. 'In our opinion, the United States has already been defaulting,' Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the only Chinese agency that gives sovereign ratings, was quoted by the Global Times saying. Read more: [link to www.dailymail.co.uk] Total fucking BS. The US has NOT defaulted. What your currency is valued at has NOTHING to do with defaulting. The US has been pissed off at China for years for keeping IT'S currency artificially low (which gives it a huge advantage in the market place). US currency being lower in value GIVES the US a better position in the world markets.  lol, keep drinking the kool-aid. I bet you think the recent exports increase from the US is a good thing (nevermind that the increase in price of commodities, especially oil, to make those exports rose more than the rise in exports). |
| Stu User ID: 1134640 United States06/13/2011 11:26 PM  Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt the only true question behind the trash talking is who gets to set the rules....like being the banker in a game of Monopoly plenty of blame to go around on both sides _____________________________________ There is no use removing doubts one by one. If we clear one doubt another doubt will arise and there will be no end of doubts. But, if by seeking the doubter, the doubter is found to be really non-existent, then all doubts will cease. -- Ramana Maharshi You have to keep breaking your heart until it opens. ~ Rumi |
| Anonymous Coward User ID: 1427356 United States06/13/2011 11:29 PM Report Abusive Post Report Copyright Violation | |
| NicoleJames User ID: 1427373 United States06/14/2011 02:48 AM Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt So far the trade agreements amount to the tune of 130 billion dollars. You read that right, US$130B. I hope Helicopter Ben has more tricks up his sleeves other than QE3 !  |
| Anonymous Coward User ID: 36664556 United States03/22/2013 11:44 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 26527879  Indonesia03/22/2013 11:45 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 28952191  San Marino03/22/2013 11:54 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 5763636 United States03/22/2013 11:55 AM Report Abusive Post Report Copyright Violation | Re: China - America's biggest creditor - cracks the whip to make sure Washington can pay up amid claims U.S. is already defaulting on massive debt China, which holds $1.2trillion of the U.S. deficit, has cracked the whip to make sure Washington can pay up amid fears America is already defaulting. Quoting: LadyLeoA Chinese ratings house yesterday accused the United States of defaulting, just one day after Beijing urged Washington to put its fiscal house in order. 'In our opinion, the United States has already been defaulting,' Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the only Chinese agency that gives sovereign ratings, was quoted by the Global Times saying. Read more: [link to www.dailymail.co.uk] Total fucking BS. The US has NOT defaulted. What your currency is valued at has NOTHING to do with defaulting. The US has been pissed off at China for years for keeping IT'S currency artificially low (which gives it a huge advantage in the market place). US currency being lower in value GIVES the US a better position in the world markets. That's right, what this means is that China is saying the US has begun a currency war.... Its about fucking time.. |
| Anonymous Coward User ID: 5763636 United States03/22/2013 11:55 AM Report Abusive Post Report Copyright Violation | |
US default is impossible , need to pay debt ? easy just print more money to pay it.. its very simple, only need printing machine, paper and ink..