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Politics : Foreign Affairs Discussion Group

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To: Condor who wrote (156342)	1/20/2005 1:43:06 AM
From: Jim Willie CB	Read Replies (10) of 281500

China will use hoard of USTBonds to do many things - purchase European weapons and military material - perhaps put New England naval works back on the map, as they are requisitioned to build a Chinese Navy - continue the Chinese Economic juggernaut buildout - supply credit for Asian development, like in VietNam, Thailand - pay for Tsunami restoration does anybody realize the size of the US consumer debt increase EQUALS the increase in the bilateral China trade deficit ??? the US Federal Reserve Reflation initiative is stimulating China the effect on the USA is increased debt, job loss, and lost control over our monetary policy THE PRICE OF ECONOMIC INCOMPETENCE IS LOST GEOPOLITICAL POWER THE CATBIRD SEAT IS BEING FASHIONED FOR CHINESE BUTTOCKS / jim

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