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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (267703)1/9/2006 7:08:41 PM
From: Road Walker  Read Replies (1) of 1585850
 
re: Apparently The Financial Times and the WSJ is reporting that China is making noises about having too many US bonds. At some point, they are going to reduce their exposure and then we are screwed.

They have us by the balls. All they have to do is squeeze and we will have to do anything they say, or go into recession, maybe depression.

It's also interesting to imagine what a Mideast oil embargo would do these days. Our % imports were much lower last time. A "unsettled" Mideast is a huge threat, much worse than any terrorist attack.

But the "right" has a lot of "faith" in Bush... I guess that's based on his exceptional functional record.
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