Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Bank Holding Company who wrote (284884)	10/19/2010 11:50:59 PM
From: koan	Respond to of 306849

<<What is going to stop China from buying anything they want??? Nothing....>> Well, exactly. And how did this situation manifest itself? Bush borrowed over two trillion from China and allowed an unregulated Wall street to sell billions of sub prime CDO's to foreign countries stamped triple AAA. Bush allowed our coutnry to defraud the rest of the west and as such caused a great depression. But china did nto buy much of that stuff. Now the chinese are taking that 2+ trillion to buy up much of the west at 10 cents on the dollar. Chian set up 8 soverign wealth funds like our permanent fund and put 100 billion in each one. Their task: roam the world and buy up enough companies and commodities to make us wealthy. They tried to buy unocal to get the underwater exploration science and get Asian oil properties. Tried to buy the huge POTash company (fertilizer), tried to buy rio tinto and are buying up Africa and South America. While bush was worrying about taliban body counts, China was rising and he was helping them.