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China's concerns about the dollar's value - 3/13/2009 8:39:26 AM

Vendaval

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The largest U.S. foreign creditor is being cautious and reconsidering buying treasury holdings. "China "worried" about US Treasury holdings" By JOE McDONALD, AP Business Writer Joe Mcdonald, Ap Business Writer – 1 hr 44 mins ago
"BEIJING – China's premier didn't say it in so many words, but the implied warning to Washington was blunt: Don't devalue the dollar through reckless spending.

Premier Wen Jiabao's message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington's biggest foreign creditor, with an estimated $1 trillion in U.S. government debt. A weaker dollar would erode the value of those assets.

"Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Wen said at a news conference Friday after the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets."

The appeal suggested the outlines of Chinese President Hu Jintao's stance when he meets with President Barack Obama at an April 2 summit in London of the Group of 20 major economies on possible remedies for the global crisis."

http://news.yahoo.com/s/ap/20090313/ap_on_bi_ge/as_china_us_economy

_____________________________

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So in this gray haze we'll be meating again, and on that
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Post #: 1

RE: China's concerns about the dollar's value - 3/13/2009 11:48:47 AM

pahunkboy

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In effect, we robbed China. Lets recall that China was a great power for a few centuries. The Great Wall of China shut it off from the world- and Maw-se-tongue wrecked things.

But China has alot of wealth. Tho it has alot of population.

The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.

A "New World Order" also does not mean the you or I will have a place at the table. The middle class is now being wiped out. This is done by design.

Study the Kzazck Empire of the 4th century. This same group rules the world today.

You should be gathering gold, silver, food, and a way to protect your family as well as water filters.

I expect that the market will go up abit for now. By years end tho- the DOW could be 3800. At that point, pensions will be cut in 1/2, 6-12 months later, Social Security will also be cut in half.

500 ounces of Silver will buy you a decent average house.

acreage could later sell for $1 an acre.

If they introduce a new currency, you will have 30 days to turn in the old stuff. For every $10, you will get 1 new dollar. Tho even that might be generous. Mortgages, pay and some prices will also adjust-- as much of this can be done with a computer entry.

It is not possible to devalue the dollar.   That is because, it can not be redeemed for gold/silver/widgets.
It is not backed by anything but a promise.

Pay close attention to the farmers. Monsanto is up to no good, but more then that- many farmers are not getting the crops in. A farmer gets say 1/2 up front for seed, ferilizer, fuel; this in the form of a loan from the bank.   Locally, PA dairy farmers are close to dumping milk as it costs more to make then it is worth.

Forget any paper promises. FORGET THEM!

Gold/silver in your hands is your key to the future.

Real Estate will continue to decline, and some of it- will be of a liablity.

Right now- tax money is not coming into fed, state, county, city, coffers.
Of Social Security.

The illuminatti play this move every 80 years or so. It transfers vast amounts of wealth to a few well connected people.

You are being conned right now. YOU. The market is not going to get better- values of houses are NOT going to increase.

Anything that you cant hold in your hand, and put on a shelf to display- is fake.

Much paper is what is known as counter party risk.   That means a 3rd person must complete their duty or promise.

This is not a recession. It is at best a depression. The middle class WILL BE WIPED OUT.   Especially those who listen to the TV set.

Study history.   Over 5000 years, gold and silver is wealth. Not - Oh I promise you I will pay you.

Do what you want. It is no skin off of my nose if you lose everything. I might be able to buy it up later for pennies.

If all the silver on earth with divided up, each person could own 1/15 of an ounce. Last I checked Obama cant make trillions more.

If you think paper promises mean something, then I guess that is how it is. You can only control you, you can not control counter party risk.

The people who have figured out this game, will do ok later. And later is coming pretty fast.

(in reply to Vendaval)

Post #: 2

RE: China's concerns about the dollar's value - 3/13/2009 12:06:19 PM

ienigma777

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Yup, you're absoluted correct. However, if they are truly interested in finding a solution to these woes....they should bring G.W.Bush on board, to the table as it were; and his crew. Also, those Saudies, if you can bring them off the indoor ski slopes long enough.
Seriously, the world should call upon the great leader of the past 8 years, His (Bush); leadership; expertise in international and domestic affairs, in these troubled times, Bush should be called upon. He has the experience, and that knowledge should not be wasted.

(in reply to Vendaval)

Post #: 3

RE: China's concerns about the dollar's value - 3/13/2009 1:18:18 PM

MasterShake69

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china a couple weeks ago was warning the US not to go into more debt.

http://english.peopledaily.com.cn/90001/90777/90852/6595598.html

U.S. stimulus-related debt "could hurt investors," China warns
February 18, 2009

Increased borrowing by the United States to fund its massive stimulus package could cause the depreciation of U.S. dollar-denominated assets, Chinese economists have told Xinhua.

(in reply to ienigma777)

Post #: 4

RE: China's concerns about the dollar's value - 3/13/2009 2:02:02 PM

Lordandmaster

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China is in the midst of a massive stimulus program of its own. Silly saber-rattling. I doubt it's unrelated to the naval episode the other day.

(in reply to MasterShake69)

Post #: 5

RE: China's concerns about the dollar's value - 3/13/2009 2:52:08 PM

subfever

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"Kzazck Empire" produced no matches on Google.

I agree that holding gold and silver is a formidable insurance against a monetary swindle/collapse. In my opinion, paper assets are riskier now than they've been since the Great Depression. Accumulating several weeks supply of dried and canned goods is probably a wise choice.

I believe the odds are very good that the men behind the curtain are in the midst of moving forward a swindle of previously unknown magnitude. However, I still can't see the advantage of a parasite completely killing off its host. So I think it's more likely that the PTB intends to simply take another full step towards their one-world government and one-world currency agenda.

The economic situation will need to get far worse than it currently is before the PTB can create their full-blown crisis, and usher in their ready-made solution. Of course, most of the peons will demand their solution, as this is what scared and hungry people tend to do!

Ah... I can see it now... We'll be told that the government did everything under their power to avert the crisis (while the Federal Reserve back-doored two trillion dollars to God-knows-who), but now we have no choice but to create a new monetary system (possibly blended with Mexico and Canada). Of course, to cover the mounting unfunded public expenses, the exchange rate of the new currency will not favor the peon.

A brilliant tactic by the PTB, but no different than what they've employed in the past.

Unfortunately, the sheeple today don't appear to be any brighter than they have been in past generations. They couldn't care less who the main shareholders of the Federal Reserve are, or that these men are the so-called PTB or "the men behind the curtain."
They're the nameless, faceless government, who's unbridled concentration of wealth enables them to control any branch of government with ease.

We'll have to watch HR 1207, and see if it indeed fails... which would almost prove the above "theory."

But hey... who's got time for tin hat, fringe, conspiracy theories? Everyone knows that it's those damned lefties/righties who are the source of our problems! Where's my blue pill? What's on American Idol tonight?

(in reply to pahunkboy)

Post #: 6

RE: China's concerns about the dollar's value - 3/13/2009 3:01:36 PM

pahunkboy

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Fever, no matter how you slice it- a few men will extract wealth out of the masses.

http://socioecohistory.wordpress.com/2009/01/24/khazar-empire-illuminati-and-new-world-order/ (I am sorry I mis-spelled)

Bank failures, states bankrupt, depressions/recessions. They are historical. The elite are grandfathered in. Then they set up a series of corporations. One holds the profit, one holds the loss. They funnel the profit to themself- and leave the public with the losses.

Even if one cant pinpoint- ah ha- this group is the bad guy, the tactic/game plan is the same. Get the masses all hyped over bubble asset prices- then the bubble pops.

We today- are not the smartest that ever lived. Tho- in a few years- alot of people will wonder what happened.... in the worst way.

(in reply to subfever)

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RE: China's concerns about the dollar's value - 3/13/2009 3:13:35 PM

MasterShake69

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since they own us
i think china was just looking at what they were buying ;)

quote:

ORIGINAL: Lordandmaster

China is in the midst of a massive stimulus program of its own. Silly saber-rattling. I doubt it's unrelated to the naval episode the other day.

(in reply to Lordandmaster)

Post #: 8

RE: China's concerns about the dollar's value - 3/13/2009 4:50:24 PM

Vendaval

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Hello LAM,

Good to have you posting on this one. I wondered if the two incidents were related.

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE

http://KinkMeet.co.uk

(in reply to Lordandmaster)

Post #: 9

RE: China's concerns about the dollar's value - 3/13/2009 4:54:58 PM

LookieNoNookie

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quote:

ORIGINAL: pahunkboy
500 ounces of Silver will buy you a decent average house.

Hunnnhhhhhh?????

Spot price (currently) is 13 bucks an ounce.

(Not a house I'd choose to live in).

(in reply to pahunkboy)

Post #: 10

RE: China's concerns about the dollar's value - 3/13/2009 5:46:14 PM

DedicatedDom40

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Ed McMahon tells me I should turn in my old, broken gold jewelry for a few pieces of paper backed by a promise.

Do you think thats a good deal for me or what!

(in reply to pahunkboy)

Post #: 11

RE: China's concerns about the dollar's value - 3/13/2009 6:26:11 PM

outlier

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Vendaval, Thank you for posting the link.

I heard someone say today that China announcing this
is not like your banker telling you he is worried about
your mortgage.

It's more like your banker announcing it at a town meeting.

Outlier

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Worth the time, the thought - or rather, the thoughtfulness - and, often,
the waiting." Pete Seeger

(in reply to DedicatedDom40)

Post #: 12

RE: China's concerns about the dollar's value - 3/13/2009 6:27:50 PM

Politesub53

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quote:

ORIGINAL: pahunkboy

The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.

Pahunk your posts are increasingly delusional. War with China ? Are you on something ?

(in reply to pahunkboy)

Post #: 13

RE: China's concerns about the dollar's value - 3/13/2009 7:39:39 PM

Vendaval

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You are welcome, outlier. It is a public scolding at the least.

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE

http://KinkMeet.co.uk

(in reply to outlier)

Post #: 14

RE: China's concerns about the dollar's value - 3/14/2009 5:41:07 AM

pahunkboy

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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: pahunkboy

The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.

Pahunk your posts are increasingly delusional. War with China ? Are you on something ?

A war is coming. It is certain. Some sort of escalation. The 13 banking families that own the federal reserve are wiping out the middle class.

BTW- the Queen is own of those families.

(in reply to Politesub53)

Post #: 15

RE: China's concerns about the dollar's value - 3/14/2009 5:46:12 AM

pahunkboy

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quote:

ORIGINAL: LookieNoNookie

quote:

ORIGINAL: pahunkboy
500 ounces of Silver will buy you a decent average house.

Hunnnhhhhhh?????

Spot price (currently) is 13 bucks an ounce.

(Not a house I'd choose to live in).

or 40 ounces of Gold. Houses are over priced. 2013 prices will be alot different. Any non-essential items will decrease in price. Food is not a nonessential. I cant put it into words. 500 ounces will buy an average house.

(in reply to LookieNoNookie)

Post #: 16

RE: China's concerns about the dollar's value - 3/14/2009 5:54:10 AM

pahunkboy

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quote:

ORIGINAL: DedicatedDom40

Ed McMahon tells me I should turn in my old, broken gold jewelry for a few pieces of paper backed by a promise.

Do you think thats a good deal for me or what!

cash for gold company is a rip off.   any time there is a commercial- it got paid for somehow. :-)

Im not good at jewelry, I am getting better at coins.    1/10 gold eagles are in short supply. with much inventory- you bu what they have, not what you want.

curiously the bail out money helped JP Morgan to short 22x the amount of silver/gold that actually is.   The banks dont want the public to think about gold or silver. It cuts out the "manager" fees.

Gold has tripled since 2001.

The bail outs are extraordinary.   Notice too the "experts" advice old people about stock. WHY? A 68 year old does not belong in stock.

(in reply to DedicatedDom40)

Post #: 17

RE: China's concerns about the dollar's value - 3/14/2009 5:59:44 AM

rulemylife

Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: ienigma777

Yup, you're absoluted correct. However, if they are truly interested in finding a solution to these woes....they should bring G.W.Bush on board, to the table as it were; and his crew. Also, those Saudies, if you can bring them off the indoor ski slopes long enough.
Seriously, the world should call upon the great leader of the past 8 years, His (Bush); leadership; expertise in international and domestic affairs, in these troubled times, Bush should be called upon. He has the experience, and that knowledge should not be wasted.

I can only hope that was meant to be facetious.

(in reply to ienigma777)

Post #: 18

RE: China's concerns about the dollar's value - 3/14/2009 11:14:21 AM

slvemike4u

Posts: 17896
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From: United States
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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: pahunkboy

The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.

Pahunk your posts are increasingly delusional. War with China ? Are you on something ?

If not,perhaps he should get on something quick...heh.

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4

(in reply to Politesub53)

Post #: 19

RE: China's concerns about the dollar's value - 3/14/2009 11:40:42 AM

pahunkboy

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From: Central Pennsylvania
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quote:

ORIGINAL: slvemike4u

quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: pahunkboy

The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.

Pahunk your posts are increasingly delusional. War with China ? Are you on something ?

If not,perhaps he should get on something quick...heh.

http://larouchepac.com/node/9443     Shocker. The world is not "fair" or "just". He who has the gold makes the rules.

We sorta left the grip of empire, then it backtracked in 1913.

A person in 2009 should have a med - as the larger world is too far gone. I actually am coming off all the meds I am on. By choice.   All prescribed.

The question is- what type of person is a TV zombie that "forgets" we had several wars in the past century.    By historical standards, a depression ends with a war.

The US is setting up bases/weapons around Russia. The expansion of NATO is an example.

In the meantime, watch what you consume. "they" are not your friend.   There are no nice guys in the world of governance/power/common good.

(in reply to slvemike4u)

Post #: 20

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