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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (84654)	8/7/2007 6:34:13 PM
From: patron_anejo_por_favor	Respond to of 110194

>>China threatens 'nuclear option' of dollar sales<< Whew! What would they do if Paulson WASN'T there making sure they walked the line.....<G>.

To: bart13 who wrote (84654)	8/7/2007 8:32:59 PM
From: saveslivesbyday	Read Replies (2) \| Respond to of 110194

"China threatens 'nuclear option' of dollar sales" - They've clearly got us by the cajones there

To: bart13 who wrote (84654)	8/7/2007 9:04:25 PM
From: crustyoldprospector	Read Replies (2) \| Respond to of 110194

"China threatens" HA! We are supposed to think they won't do it at some point, regardless? I say better take the medicine now than later. Perhaps, I have more confidence than most that America will find it's way through the resulting mess. America may do some stupid things on occasion (Vietnam, Iraq ...), but it has always been the case that the rest of the world underestimates the will and capacity of Americans to get something done when the entire population is actively and forcefully behind the endeavor.

To: bart13 who wrote (84654)	8/7/2007 9:36:27 PM
From: Kailash	Respond to of 110194

It's interesting they feel the need to say so publicly -- everyone knows they have this power. You may recall this is the weapon the US successfully used to get Britain and France to withdraw from the Suez in 1956 -- en.wikipedia.org In this case, China's dollar reserves are so high they wouldn't be well-served by a collapse, and all they're trying to achieve is a continuation of their business relationship with the US. If a real conflict were to arise, such as a US attack on Iran, we could see a more credible use of this threat. Kailash