China Just Threatened a Currency War If the Fed Doesn’t Stop Printing | |
| Anonymous Coward User ID: 33034699 01/29/2013 02:16 PM Report Abusive Post Report Copyright Violation | Thsi may be a frontrun. This could be a reason for the FOMC meeting tomorrow. The FEDS may try and paint a pretty picture of everything (which would be another lie ontop of the hundreds of others they have been telling for the last 6 years) They may announce a stop to printing (on balance sheet) but will continue to print (off balance sheet, remember the 16 trillion given to foriegn banks and they wouldnt reveal whom recieved the money)Its all a scam and an illusion to control the price of everything. Sooner or later the sheeple will stop accepting the lies when they have nothing to eat. Until then its Dr. Feelgood. |
| Anonymous Coward User ID: 19783609 01/29/2013 02:26 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 33034699 01/29/2013 02:35 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 32035714 01/29/2013 02:43 PM Report Abusive Post Report Copyright Violation | |
| Marxist User ID: 19214540 01/29/2013 02:43 PM Report Abusive Post Report Copyright Violation | hot air Quoting: Mordier L'eft both sides blow it once in a while, but no one will act because each side will end up pooched in the end. True. An economic war with the US is something China cannot afford. It is, in a word, America's bitch. Workers of the World, Unite. You have nothing to lose but your chains! |
| Anonymous Coward User ID: 1416114 01/29/2013 02:55 PM Report Abusive Post Report Copyright Violation | hot air Quoting: Mordier L'eft both sides blow it once in a while, but no one will act because each side will end up pooched in the end. True. An economic war with the US is something China cannot afford. It is, in a word, America's bitch. America´s bitch? When the US dollar collapses there will be no US. |
| Anonymous Coward User ID: 1416114 01/29/2013 03:01 PM Report Abusive Post Report Copyright Violation | They are not pointless wars. They are keeping the muzzies from overrunning and destroying europe. If we left them alone, they would unite and go after their favorite target again - Europe. Keep one area destabilized to keep another better area stable. You could always bow down and let them cut off your head after you refuse to worship allah. Do you acually belive that the taliban fighting in Afghanistan is stopping an invasion of Europe? That the almost 10 year war in Iraq was stopping an invasion? You can not realy belive that. They are fighting rag tag outfits, not an army that can invade Europe. |
| Marxist User ID: 15747398 01/29/2013 03:14 PM Report Abusive Post Report Copyright Violation | hot air Quoting: Mordier L'eft both sides blow it once in a while, but no one will act because each side will end up pooched in the end. True. An economic war with the US is something China cannot afford. It is, in a word, America's bitch. America´s bitch? When the US dollar collapses there will be no US. OK. Watch them rally around the US dollar in the event of any risk to its value. Just do that...if and when it does happen. Especially China!! Don't argue with me. Just look and observe the real state of power in this world. Then go away and read Das Kapital by Karl Marx to make sense of what you are observing. Workers of the World, Unite. You have nothing to lose but your chains! |
| Anonymous Coward User ID: 25401697 01/29/2013 03:17 PM Report Abusive Post Report Copyright Violation | This whole thing has officially affected me straight up. Have this nice little part timer delivering chinese in the evenings, usually 4 hours in a busy new york area. Used to make 60 bucks on a bad night, 120 on a good night..all in 4 hours time. As of two weeks ago i went from doing 20'something deliveries a night to 1 or 2 or 3..and the people who DO order food are ALL using credit cards. Simple job but it really lets you see where your bordering towns stand, and they have all gone broke at the same time. Its for real now. My boss said America is no good anymore and they might go back to china, wish i could go with them. |
| Marxist User ID: 15747398 01/29/2013 03:19 PM Report Abusive Post Report Copyright Violation | They are not pointless wars. They are keeping the muzzies from overrunning and destroying europe. If we left them alone, they would unite and go after their favorite target again - Europe. Keep one area destabilized to keep another better area stable. You could always bow down and let them cut off your head after you refuse to worship allah. Do you acually belive that the taliban fighting in Afghanistan is stopping an invasion of Europe? That the almost 10 year war in Iraq was stopping an invasion? You can not realy belive that. They are fighting rag tag outfits, not an army that can invade Europe. These Islamist groups are largely led by donkeys. However, they are skilled guerila fighters which they were trained to be in the Wests's Cold War with the Soviets. Now that they have served their purpose, they are being mopped up as the region is prepared for integration into consumer capitalism. Same with the Arab Mediterranean where these donkeys are alternately used to get rid of troublesome rulers and then given the boot themselves. Workers of the World, Unite. You have nothing to lose but your chains! |
| pool Still the Runt User ID: 31972012 01/29/2013 03:24 PM ![]() Report Abusive Post Report Copyright Violation | My boss said America is no good anymore and they might go back to china, wish i could go with them. Quoting: Anonymous Coward 25401697 Have fun, send money. The lesson I have thoroughly learnt, and wish to pass on to others, is to know the enduring happiness that the love of a garden gives. Gertrude Jekyll |
| TastyThoughts User ID: 1308649 01/29/2013 03:29 PM Report Abusive Post Report Copyright Violation | |
| Kirk User ID: 25384388 01/29/2013 03:34 PM ![]() Report Abusive Post Report Copyright Violation | The tension between Central Banks that we noted yesterday continues to worsen. This time it was China and the EU, not just Germany, that fired warning shots at the US Fed. Quoting: waht A senior Chinese official said on Friday that the United States should cut back on printing money to stimulate its economy if the world is to have confidence in the dollar. Asked whether he was worried about the dollar, the chairman of China’s sovereign wealth fund, the China Investment Corporation, Jin Liqun, told the World Economic Forum in Davos: “I am a little bit worried.” “There will be no winners in currency wars. But it is important for a central bank that the money goes to the right place,” Li said. Speaking at the same session, French Finance Minister Pierre Moscovici voiced concern that the euro was becoming overvalued as a result of quantitative easing and other stimulus actions taken by other nations’ central banks. Read more: [link to investmentwatchblog.com] They should talk. I have some friends from China. They can't sell their houses over there. They finally got a tenant in a commercial property at 1/3 of the mortgage payment. China is hurting Worry is a misuse of the imagination. |
| Anonymous Coward User ID: 787724 01/29/2013 03:40 PM Report Abusive Post Report Copyright Violation | Europe will rule after this crisis is over. The germans know very well the consequences of inflation. That's why europe is adjusting to it's level of competitiveness. Others like the Uk and US just print money to cover the deficit. The US is dependent on the good will of the chinese to finance it's economy while europe is exporting even more and more to china. When the chinese dump the us dollar the us economy is toasted. Quoting: Anonymous Coward 33275964 ![]() How do I get a German visa? |
| Anonymous Coward User ID: 13825301 01/29/2013 03:47 PM Report Abusive Post Report Copyright Violation | More worthless fearmongering from ZeroCredibility. It doesn't matter what color the money is, or what language is on it, you'll still have to pay your bills and make sure the master class can rape you for profit. The money can go up and down all day, and life goes on. Want to change it? Get organized! |
| Anonymous Coward User ID: 33149933 01/29/2013 03:51 PM Report Abusive Post Report Copyright Violation | Europe will rule after this crisis is over. The germans know very well the consequences of inflation. That's why europe is adjusting to it's level of competitiveness. Others like the Uk and US just print money to cover the deficit. The US is dependent on the good will of the chinese to finance it's economy while europe is exporting even more and more to china. When the chinese dump the us dollar the us economy is toasted. Quoting: Anonymous Coward 33275964 ![]() the only ones to gain out of a economic crisis are the very same ppl that always gain..so dont be sooo quick to assume any 1 cuntRY or continent could come out of this in 1 piece.. didnt you know they want a ONE WORLD CURRENCY controlled completely by digital transaction???...we as the ppl of the globe are caught hook line and sinker and the shhep will welcome it with open arms........... |
| Anonymous Coward User ID: 21963969 01/29/2013 04:01 PM Report Abusive Post Report Copyright Violation | As usual, words are not the equivalent of action. Words by their very nature are like thoughts, which are empty. Quoting: Anonymous Coward 16213681 Check back in a few more years to see if those words meant anything. About as empty as an action such as printing more money. Keep applauding your own demise. |
| Anonymous Coward User ID: 24473407 01/29/2013 04:06 PM Report Abusive Post Report Copyright Violation | |
| Saddletramp User ID: 740874 01/29/2013 04:11 PM ![]() Report Abusive Post Report Copyright Violation | That coincides with the Chinese media releasing the information last week that China was going to put out a gold backed currency for world trade...but no circulation date was noted. That's what's called a shot across our bow... Because the Chinese media doesn't say anything that hasn't been vetted by the government. It was a signal... The trouble with currency wars is when the parties are big enough, the shooting war is never far behind... Just because you're paranoid don't mean they ain't out to get ya! Paranoid?!?!? I wish! Shit son, we're hell and gone from paranoid... We don't rent pigs... Come and take it! |
| Anonymous Coward User ID: 1012969 01/29/2013 04:31 PM Report Abusive Post Report Copyright Violation | Europe will rule after this crisis is over. The germans know very well the consequences of inflation. That's why europe is adjusting to it's level of competitiveness. Others like the Uk and US just print money to cover the deficit. The US is dependent on the good will of the chinese to finance it's economy while europe is exporting even more and more to china. When the chinese dump the us dollar the us economy is toasted. Quoting: Anonymous Coward 33275964 ![]() ![]() your retarded. Who ever has the most talent will rule after this is over. Who ever has the most natural resources. Who ever still HAS THEIR GUNS. Europe and Asia will be a playground for the satanic scum we toss from our shores. Best prepare. |
| Anonymous Coward User ID: 1012969 01/29/2013 04:32 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1416114 01/29/2013 04:44 PM Report Abusive Post Report Copyright Violation | hot air Quoting: Mordier L'eft both sides blow it once in a while, but no one will act because each side will end up pooched in the end. True. An economic war with the US is something China cannot afford. It is, in a word, America's bitch. America´s bitch? When the US dollar collapses there will be no US. OK. Watch them rally around the US dollar in the event of any risk to its value. Just do that...if and when it does happen. Especially China!! Don't argue with me. Just look and observe the real state of power in this world. Then go away and read Das Kapital by Karl Marx to make sense of what you are observing. I have been watching the Dollar loose 30% of its value against the Swedish Krona. I have watched the Dollar loose 20% of it value against the Euro. In less then a dacade. When the US dollar is no longer needed for Oil purchases its over. |
| Northman User ID: 1101610 01/29/2013 04:46 PM ![]() Report Abusive Post Report Copyright Violation | Of course China should understand the U.S. 16 trillion dollars debt is a mere, tiny, pittance compared to the U.S. in terms of domestic and foriegn property assets and values. N.Y. State probably has a structure of value exceeding that of many countries. |
| Troggie User ID: 33283267 01/29/2013 04:47 PM Report Abusive Post Report Copyright Violation | |
| Professor Xavier User ID: 21569122 01/29/2013 04:53 PM Report Abusive Post Report Copyright Violation | Europe will rule after this crisis is over. The germans know very well the consequences of inflation. That's why europe is adjusting to it's level of competitiveness. Others like the Uk and US just print money to cover the deficit. The US is dependent on the good will of the chinese to finance it's economy while europe is exporting even more and more to china. When the chinese dump the us dollar the us economy is toasted. Quoting: Anonymous Coward 33275964 ![]() We're taking you down with us, Fritz. |
| Mordier L'eft User ID: 33147770 01/29/2013 04:57 PM ![]() Report Abusive Post Report Copyright Violation | hot air Quoting: Mordier L'eft both sides blow it once in a while, but no one will act because each side will end up pooched in the end. Not sure what you mean by "hot air". The consequence will be China further devaluing their currency, which will later result in the fed printing more money to devalue the dollar, and on and on and on. The net result being ALL currencies are devalued meaning you end up paying more and more and more for everything you need to live. . by "hot air" i mean, well...blowing hot air...and never doing a thing about it. neither side is so stupid. --"In this era of great big brains anything that can happen will. So hunker down." -- Kurt Vonnegut, JR. -- Galapagos. |
| Bilbo Baggins Divine Master of the Unknown User ID: 25703371 01/29/2013 05:00 PM ![]() Report Abusive Post Report Copyright Violation | |
| BuckRemington User ID: 27605057 01/29/2013 05:08 PM Report Abusive Post Report Copyright Violation | i think if china tried to make any kind of push they would be in for a tough awaking ![]() |
| ehecatl the listening wind... the invisible spirit User ID: 33132464 01/29/2013 05:37 PM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12064276 01/29/2013 05:44 PM Report Abusive Post Report Copyright Violation | how much truth to this statement , i don't know .. link to video stating that the O administration want to kill the dollar [link to www.youtube.com] |