Chinese ratings agency downgrades US debt!

[b0und]

The Chinese government bitching about QE was to be expected.

Fuck the creditors, just print more money, tell them if they don't like it they should have bought more bonds.

On the other hand a low US dollar is not really good for the Australian economy.

China still pegs its currency artificially low against the US dollar, fuck them over, deflate the dollar with QE and see how much they get for their exports then.












b0und (don't take shit from China)

 

[RottenWillow]

Well then you better wish for your us military to keep fighting in oil rich nations then. Otherwise when they have your money and jobs - what's stopping the 1 billion of them

Outsourcing - it's not a fad kids.

c

Why is it "our" military and "our" war? Are you not an American citizen as well?

 

[lartinos]

We can just put all the chinese in camps if necessary and make our own chinese cuisine when necessary. Give those restaurant positions to real americans.

 

[canadianhitman]

Well, they're right; I wouldn't want to be holding the bag on US debt right now either.

 

[bakemeacookie]

Well, they're right; I wouldn't want to be holding the bag on US debt right now either.

put your money in sugar & gold as a hedge against inflation. The us dollar is too risky, everyone knows this - that's what I'm doing. Gold is kicking ass.

c

 

[javaguru]

The Chinese government bitching about QE was to be expected.

Fuck the creditors, just print more money, tell them if they don't like it they should have bought more bonds.

On the other hand a low US dollar is not really good for the Australian economy.

China still pegs its currency artificially low against the US dollar, fuck them over, deflate the dollar with QE and see how much they get for their exports then.












b0und (don't take shit from China)

All kinds of hypocrisy in international monetary policy....U.S. criticizes China for currency manipulation, Fed devalues dollar (currency manipulation) and Obama defends it (beyond his control). The fact of the matter is that no politician in the U.S. has the political will to cut entitlements which means Weimar 2.0 in the United States to pay the debts....