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China won’t Finance US Debt; We Hate You…you are devaluing your Dollar! Hyperinflation Collapse?
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November 1st, 2011UK Debt NewsWho will finance our debt? Who has confidence in the fiscal duty of the US congress? Will our dollar collapse, and if it does, what will be the consequence of these a collapse? I will not know the solutions to these queries, but I do know one issue, and that is that I hate my authorities they are corrupt, right down to the bone. The corruption is cancerous, so drastic actions ought to be taken they must be changed in their entirety. jbranstetter04 Why do Japan and China retain on acquiring money? The greenback has fallen about twenty % against the Euro in the previous yr but China and Japan proceed to accumulate huge dollar surpluses. At the exact same time, several economists worry that they will dump their holdings, sending the greenback into a totally free fall. Michael Dooley, Peter Garber, and David Folkerts-Landau suggest that this financial coverage is no accident. They look at the Chinese and Japanese as pursuing deliberate full employment insurance policies. They get and maintain money, not as an investment, but instead to subsidize their personal exports. Go through this summary of the argument, or buy an NBER doing work paper here. Garber puts the position bluntly: www.marginalrevolution.com China is correct to have doubts about who will get all America’s credit card debt Chinese doubts about the value of US Treasury bonds highlight a essential issue: who will acquire the believed .seven trillion (£1.9 trillion) to .two trillion of debt expected to be issued over the next two many years? With yearly foreign purchases accounting for …
Tags: Debt, Finance, Hyperinflation
Video Score: 4 / 5
23 responses to “China won’t Finance US Debt; We Hate You…you are devaluing your Dollar! Hyperinflation Collapse?” 
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Responsible, Go get fucked. I hope China kicks your ass
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MrBigEnchilada November 1st, 2011 at 03:21
lol people with anger issues flaming each other..
whats with the anti-chinese sentiment? oh they produce too much things too cheap why do they like to take us money??
i dont trust glenn beck, i’m seen his show time and time again and it’s always one sided or biased. He also like to copy other people and act like he’s so smart. -
DontBuyChinese November 1st, 2011 at 03:42
@TheBooostt
You don’t know SHIT, do you, idiot? The US debt to China is about 1/10th of all US debt. China owes about 1/3 or the 40% of the debt that is foreign owned: the other 60% is owned by US citizens, so go fuck yourself you dumb fuck. The US OWNS CHINA, idiot, because 25% of China’s ENTIRE FUCKING MANUFACTURING BASE is owned by the US, so tell me, dip shit, who owns who? Eat shit and die. -
TheBooostt November 1st, 2011 at 04:18
@DontBuyChinese HAHA oh geee big comeback…fact is your country is fucked, in trillions of dollars of debt, your health system is fucked, how does the american dream of all owning and building their own family home go now ??? your property market is fucked, your country is repsonsible for the GFC thanks to your greedy jewish wall st bankers…mate you got fucking nothing HAHAHAHA…China own your arses HAHAHAHA
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GalaticSpaceHero November 1st, 2011 at 04:29
14 trillion dollars later and now there trying to figure out how to stop spending? HAAA Right!
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eileenlianlian November 1st, 2011 at 04:59
well, as a Chinese, I think there is nothing wrong with chinese people and the government is not representative of their people, either. Chinese are the most hard working people and all they get is just money to cover their basic living. We share things we live happily by sharing resource with colleagues. I have no clue why US can not support smaller population. And why the personal industries take advantage of the government but no one will give a hand to help their own government?billionaires?
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sa09m78 November 1st, 2011 at 05:16
The West needs fuel subsidies from govts not bail outs to help it recover economically. A year of flat fuel oil prices would allow sensible planning and savings. As long oil prices are rising so fast the economy cannot keep up. Brazil, Russia and India have cheap oil. China’s economy is heavily subsidised. The only subsidies the west benefit from are for fishermen and farmers, which do not create job and hark back to the 1800s! Wake up and realise free market economies have become uncompetitive!
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mow1717 November 1st, 2011 at 06:20
america is done .we are uneducated,poor,dumb.slaves,that is why you are born in this shit country.accept it .just keep fighting the endless wars and be heroes.
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TheCentralServices November 1st, 2011 at 07:04
@DontBuyChinese But, but….our trade with US is just 12% and we are getting out of your dollars. you can have all dollars back. “help China become LESS dependent on exports and develop more domestic consumption ” Why that? The entire economy in Germany is just exporting, exporting, exporting. They depend 80% on export. Why don’t you help them?
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DontBuyChinese November 1st, 2011 at 07:49
@TheCentralServices
I’m not against you. My name DontBuyChinese is intended to help China become LESS dependent on exports and develop more domestic consumption while helping US cut back trade deficit. -
TheCentralServices November 1st, 2011 at 07:50
@DontBuyChinese Why are you against us ? We are just your creditors not your enemy.
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DontBuyChinese November 1st, 2011 at 08:21
@TheBooostt
Shut the fuck up. If I want any shit out of you, I just need to squeeze your head. If your brain was compared to a matchbox, it would be like comparing a BB to a BOXCAR. Shut the fuck up before some American bitch slaps you. -
TheBooostt November 1st, 2011 at 08:35
@DontBuyChinese haha dont buy chinese thats funny they will fucking buy you cunt! AMERICA IS A SHIT COUNTRY THAT IS RUN INTO THE GROUND BY FUCKWITS
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SHINYABOY November 1st, 2011 at 11:01
PRINT MORE MONEY VIVA USA LOL DOLLARS WORTH LESS THAN TOILET PAPER LOL
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ThincKritically November 1st, 2011 at 11:46
@ASAXON9 The fact is, people of the US are ALL trash if you want to group them by the constituent majorities of their demographics (asians, indians, arabs, europeans are not exempt). Based on your comment I would guess you’re either an ignorant racist or just ignorant. In case you honestly didn’t know, stereotyping is fallacious.
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” -Plato -
siewen1 November 1st, 2011 at 12:33
fiscally responsible way?! How u gunna convince anyone of that!? Bush was flying in jets for no reason, we r at war for no reason, etc etc but sure we are fiscally responsible….that’s why we r so in debt…idiots cuz we are NOT fiscally responsible. But that’s what they get for letting credit card companies and banks R* it’s ppl for so long. What goes around comes around B*
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funkymunky65 November 1st, 2011 at 13:23
So I guess the trillions we pumped into china’s economy doesn’t mean shit huh?
Oh well, with the rate they are going, china will collapse in on itself by 2015.
(Due to their extremely high population.)BTW, we are sitting on enough oil to pull us out of the recession if we wanted.
Bad thing is, we have retarded greedy bastards running the government.
Which will also change, as I have seen people getting REALLY pissed.
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twenlil November 1st, 2011 at 14:35
Sad. The politicians are always bickering among themselves and are trying to score political points. That video was made more than two years ago. Has anything positive changed since then ?
Stringyheads November 1st, 2011 at 02:32