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Old 09-15-2008, 08:48 PM
  #17  
ryan1234
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Joined APC: Jun 2008
Position: USAF
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Originally Posted by DAL4EVER View Post
Agreed. My fear is that the foreign countries that hold large amounts of U.S. debt are driving the push to stabilize the dollar and help us out of this current crisis. But they will slowly pull out their investment over the next ten years or so. It will be done slowly so they don't negatively impact the currency. However, when the next crisis hits, they will be off the hook and will not be in a hurry to bail us out. They may even look at that crisis as the reason to drive us out of the Captain seat as the world's benchmark economy. Look at China at that one. They have one mission right now, world domination. Ours is more concerned with who's having an illegitimate baby or what the movie stars are saying about who they want to vote for.

No politician is addressing this either because they are too stupid or too afraid to the public the straight talk. I fear the day this comes to pass as the great depression will look like a day at the beach.

Freddie Mac and Fannie Mae's bailouts are good examples of China's influence in the US. The house of Sau'd has us blackmailed. The future of Boeing and China is also interesting.
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