China threatens to trigger a US dollar crash?
Post 1 of 19
The media report says: China now threatens to trigger a US dollar crash.
The central bank in Bejing on Sunday said that China is a responsible investor in the international financial market.
Who is on the objective side? Would you share your opinion with us?
![[em1]](http://img.alibaba.com/images/eng/style/icon/emoticons_smile.gif)
The central bank in Bejing on Sunday said that China is a responsible investor in the international financial market.
Who is on the objective side? Would you share your opinion with us?
13 Aug 2007 19:28
Post 2 of 19
Replying to [sharefen]:
Chinese government officials indeeed announced that they might sell all their US Treasury Bonds any time and at any price, just to get rid of them. If and when they do, the US are history, and it's a scary situation. Just try to imagine the consequences for you, me and everybody else in this world.
Chinese government officials indeeed announced that they might sell all their US Treasury Bonds any time and at any price, just to get rid of them. If and when they do, the US are history, and it's a scary situation. Just try to imagine the consequences for you, me and everybody else in this world.
14 Aug 2007 09:41
Post 3 of 19
Replying to [sharefen]:
Huh? The Chinese government is actually being quoted as threatening to dump US paper?
Or is that some kind of conclusion made by the writer of whatever article you have read?
Huh? The Chinese government is actually being quoted as threatening to dump US paper?
Or is that some kind of conclusion made by the writer of whatever article you have read?
15 Aug 2007 15:19
Post 5 of 19
Replying to [sharefen]:Haven't seen that on the wires, but then I haven't been paying attention the last week or so.
If that statement is true, someone in China is either feeling his oats or is being incredibly stupid. (or he drank too much before giving THAT statement maybe).
If you are going to try and crash a country, telegraphing the move is really stupid..... and i can't see why China would want to start an all out economic war with the US.... In the long run the US can probably hurt CHina's economy more than China can hurt the US's.
Very strange comment to make. Perhaps the report was more speculation than factual.
If that statement is true, someone in China is either feeling his oats or is being incredibly stupid. (or he drank too much before giving THAT statement maybe).
If you are going to try and crash a country, telegraphing the move is really stupid..... and i can't see why China would want to start an all out economic war with the US.... In the long run the US can probably hurt CHina's economy more than China can hurt the US's.
Very strange comment to make. Perhaps the report was more speculation than factual.
16 Aug 2007 13:18
Post 6 of 19
Replying to [Foow]:
Judge for yourself! Read this:
Early this morning China let the idiots in Washington, and on Wall Street, know that it has them by the short hairs. Two senior spokesmen for the Chinese government observed that China's considerable holdings of US dollars and Treasury bonds "contributes a great deal to maintaining the position of the dollar as a reserve currency." Should the US proceed with sanctions intended to cause the Chinese currency to appreciate, "the Chinese central bank will be forced to sell dollars, which might lead to a mass depreciation of the dollar."
Read the whole story here: http://rense.com/general77/hole.htm
By the way: "telegraphing" the move can be a terrific political instrument. It conveys, "I'm so strong, I don't have to watch my back". Do you think they are wrong or just kidding?
Judge for yourself! Read this:
Early this morning China let the idiots in Washington, and on Wall Street, know that it has them by the short hairs. Two senior spokesmen for the Chinese government observed that China's considerable holdings of US dollars and Treasury bonds "contributes a great deal to maintaining the position of the dollar as a reserve currency." Should the US proceed with sanctions intended to cause the Chinese currency to appreciate, "the Chinese central bank will be forced to sell dollars, which might lead to a mass depreciation of the dollar."
Read the whole story here: http://rense.com/general77/hole.htm
By the way: "telegraphing" the move can be a terrific political instrument. It conveys, "I'm so strong, I don't have to watch my back". Do you think they are wrong or just kidding?
16 Aug 2007 15:49
Post 7 of 19
Quoting from [sharefen]:
The media report says: China now threatens to trigger a US dollar crash.
The central bank in Bejing on Sunday said that China is a responsible investor in the international financial market.
Who is on the objective side? Would you share your opinion with us?
Oh my God! If this is all true, then the Chinese Government is One Big Idiot Government!
Making this threat shows China is still oblivious on how the world economies work!
It is suicidal! The Chinese government might as well say to the Hong Kong or the rest of the Nations that their Billion Dollars Reserves is worth nothing because the Chinese Government is pulling the dollar value down to teach the American a lesson!
This is ridiculous to insane.
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16 Aug 2007 19:56
Post 8 of 19
Replying to [adimec]:
*sigh*
Try reading who WROTE that article... It was written for sole use in internal US politics.....
and telegraphing a move like that IS stupid..... stop and think about it for a few minutes and would understand why......... Holding a cocked gun to someones head and saying you MIGHT pull the trigger, when the other guy has a gun also is truly idiotic.
I have no idea if they are serious or they think that an official comment like that is funny...... Are they wrong? I don;t know. wrong to do what? Threaten the whole western hemisphere in a single comment? Since by threatening the US they ARE saying that they intend to threaten the whole western hemisphere..... and if the US goes down.. do you think the US would consider bailing out Mexico with another 30 billion like they have already done?... Britain would be affected, Canada, Australia, Western Europe........ its called a ripple effect.......
The consequences around the world would hurt a lot more countries than the US .... and those countries would be hurt worse....
*sigh*
Try reading who WROTE that article... It was written for sole use in internal US politics.....
and telegraphing a move like that IS stupid..... stop and think about it for a few minutes and would understand why......... Holding a cocked gun to someones head and saying you MIGHT pull the trigger, when the other guy has a gun also is truly idiotic.
I have no idea if they are serious or they think that an official comment like that is funny...... Are they wrong? I don;t know. wrong to do what? Threaten the whole western hemisphere in a single comment? Since by threatening the US they ARE saying that they intend to threaten the whole western hemisphere..... and if the US goes down.. do you think the US would consider bailing out Mexico with another 30 billion like they have already done?... Britain would be affected, Canada, Australia, Western Europe........ its called a ripple effect.......
The consequences around the world would hurt a lot more countries than the US .... and those countries would be hurt worse....
16 Aug 2007 21:05
Post 9 of 19
Quoting from [adimec]:
Replying to [Foow]:
Judge for yourself! Read this:
Early this morning China let the idiots in Washington, and on Wall Street, know that it has them by the short hairs. Two senior spokesmen for the Chinese government observed that China's considerable holdings of US dollars and Treasury bonds "contributes a great deal to maintaining the position of the dollar as a reserve currency." Should the US proceed with sanctions intended to cause the Chinese currency to appreciate, "the Chinese central bank will be forced to sell dollars, which might lead to a mass depreciation of the dollar."
Read the whole story here: http://rense.com/general77/hole.htm
By the way: "telegraphing" the move can be a terrific political instrument. It conveys, "I'm so strong, I don't have to watch my back". Do you think they are wrong or just kidding?
In my opinion, they are not kidding, and they think they are right. Whatever it is, it is suicidal.
If the Chinese Central Bank starts selling dollars, then the dollar will be forced to depreciate. It will not be so good for the Chinese industries, is it? With their on-going inflation problem or the "Made in China" woes, I really do not think they should be doing this to make the situation worse.
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About Our Company
RYU MEI CO LTD
Ryu Mei is a health and food trading company in Kobe, Japan. Ryu Mei a Japanese food specialist company with products like Kurobuta (Berkshire) , Wagyu (Kobe Beef) , Shochu, Organic Green Tea and Black Vinegar Ku...
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16 Aug 2007 21:19
Post 10 of 19
Replying to [sharefen]:
When i read this news sereval days ago,I feel funny.The people seems have no thing to do.
Just a unknown person word that,the it happens so fast,the whole world begin to imagine what will happen if China triggered a US dollar crash.but also show that how China is important to US now.
Concerning the relationship between China and America,The China won't wanna have problems with America as China need the peace environment to develop its economic.
When i read this news sereval days ago,I feel funny.The people seems have no thing to do.
Just a unknown person word that,the it happens so fast,the whole world begin to imagine what will happen if China triggered a US dollar crash.but also show that how China is important to US now.
Concerning the relationship between China and America,The China won't wanna have problems with America as China need the peace environment to develop its economic.
17 Aug 2007 02:03
Post 11 of 19
Replying to [sharefen]:
To better explain the whole situation I would have to get deeply into politics, so let me just say, sometimes a visibly bad move could still be the lesser of two evils.
Let's not forget that we have a government of an extremely influential country, headed by an * with an IQ of 91. People, especially governments, are getting increasingly tired of that and are quite willing and able to deal with the consequences of a harsh defense move. Well, at least they perceive it as easier to deal with one kind of problem than with the other.
We are already in a big mess anyway, thanks to that *. Many countries have had to finance his mess-ups, and they don't need more of that. They had to spend our money, and they still can't protect us from the consequences of the wrongdoings of that freak.
The comments of these two government officials were a clear warning, "stop it, or we'll drop you like a hot potatoe". Yes, it will be rough, but still the lesser of two eviles. So we will have to face really bad times. Do I like it? No, I'm scared, but that won't keep me from opening my eyes.
To better explain the whole situation I would have to get deeply into politics, so let me just say, sometimes a visibly bad move could still be the lesser of two evils.
Let's not forget that we have a government of an extremely influential country, headed by an * with an IQ of 91. People, especially governments, are getting increasingly tired of that and are quite willing and able to deal with the consequences of a harsh defense move. Well, at least they perceive it as easier to deal with one kind of problem than with the other.
We are already in a big mess anyway, thanks to that *. Many countries have had to finance his mess-ups, and they don't need more of that. They had to spend our money, and they still can't protect us from the consequences of the wrongdoings of that freak.
The comments of these two government officials were a clear warning, "stop it, or we'll drop you like a hot potatoe". Yes, it will be rough, but still the lesser of two eviles. So we will have to face really bad times. Do I like it? No, I'm scared, but that won't keep me from opening my eyes.
17 Aug 2007 09:01