Re: New Policies Needed. Soon !!

On Wed, 28 Dec 2005 16:57:05 -0500, gamer <bjvtgy@xxxxxxx> wrote:


>By then China will own enough dollars to simply buy / control the US.
>If you think that's unrealistic, consider how China has been getting
>serious (with enough cash reserves) to buy such companies as Unocal &
>even some talk about Exxon. Granted, the US government will likely
>squash such purchases, but the point is we keep sending more and more
>dollars to China and they have some very significant reserves that keep
>growing. Eventually, they will use those reserves somewhere..


What you are saying "might" be true... But it wasn't that many years
ago that Japan was in the same situation that China is in now. Japan's
economy is now in the toilet.

And let's not forget that our trade deficit with China is our doing...
China has no resources. We send the material to China, they build it
and sell it back to us. We started this because of their cheap
labor... The shakers can stop it any time they want... just start
sending material to some other country with cheap labor.

As to all the reserves/loans that China has... All they have to do to
make them absolutely worthless is to call them in.

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