« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Obama's New Cold War 

By: ribit in FFFT3 | Recommend this post (3)
Wed, 24 Dec 14 9:54 AM | 25 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 06635 of 65535
(This msg. is a reply to 06631 by Zimbler0)

Jump:
Jump to board:
Jump to msg. #

zim
...another thing is that we are buying their stuff with money we borrow from them. Anyone familiar with "The Company Store" from the cold mining days oughta understand what's wrong with that.




Avatar

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




» You can also:
- - - - -
The above is a reply to the following message:
Re: Obama's New Cold War
By: Zimbler0
in FFFT3
Wed, 24 Dec 14 5:37 AM
Msg. 06631 of 65535

Clo> China needs America to continue buying their crap or they are up the creek.


Zim: Nope. We have to buy Chinese schlock a lot
more than they need U.S. to buy it. (We no longer
have the capability to make stuff we once did.)


Faul> All the China Russian energy deals do not involve the petrodollar........i wonder why?


Zim: Probably because nobody really trusts anyone
else's currency. With the U.S. dollar . . . as bad
as we have been with 'printing it' . . . there is
at least an illusion of U.S. servicing the debt.

China will say they want Gold to back the next
'global currency' . . . but what they really want is
for the next 'global currency' to be theirs with the
ability to print as much of it as they want.

Zim.


« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next