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

To: patron_anejo_por_favor who wrote (37273)	8/27/2011 1:44:14 PM
From: The Reaper	Respond to of 119360

They provide political leverage over the U.S. government and gives them a great deal more influence than they would have ever hoped to get otherwise. Which is why Timmy and O are over there regularly begging for forgiveness..... I would hazard a guess that actually the bonds and bills that China already has gives the U.S. the political leverage. It's the promise of further purchases by the Chinese that gives China the advantage. Of course, any tinkering with this delicate balance could lead to WWIII but we need a good distraction so I say default and f 'em. O could wipeout all the debt he's piled on in his term with one fell swoop.