Comments on: China Threatens ‘Nuclear Option’ of Dollar Sales

By: Jim

Jim — Thu, 09 Aug 2007 05:01:44 +0000

You know the old one that goes if you don’t know who the sucker is at a poker table, it’s you?

US taxpayers/consumers are the suckers in this game of global economic poker. I can’t imagine for a moment that US elites do not know the logical endgame, the consequences of their economic policies. So when China threatens retaliation, it is always with a wink and nod towards the puppet masters.

In the end, the US will look a lot like a third world countries: a few super-rich at the top, and the vast majority forced into poverty and indentured labor. The middle class will evaporate, and ordinary Americans can kiss all those hard won rights and freedoms goodbye. Jefferson had it right when he said Americans could one day “wake up homeless on the continent their fathers conquered”.

Do check out Mike Whitney’s latest article:
http://www.informationclearing.....e18119.htm

By: John Doh

John Doh — Thu, 09 Aug 2007 00:54:54 +0000

A month ago they pulled Greenspan out of drydock
to say that even if the Chinese did this
Big whoopie!
Policy of containment.
Mondo pre-emptive spin machine.

By: DrFix

DrFix — Wed, 08 Aug 2007 16:05:43 +0000

pragmatist, I agree with you. It has been a long time coming, but you have to agree that this is one bird that likes to shit in his own nest.

By: Joe Suaiden

Joe Suaiden — Wed, 08 Aug 2007 13:46:01 +0000

“Chinese rule”? Realistically, if China could make all its money without ever having to speak to us it would. They have little real interest in us– or any foreigners. It’s not them asking us to change our monetary policy. It’s us asking them to change theirs because they followed our stupid policy to its conclusions and made a profit out of it.

We starved ourselves, and while I am no fan of communism or China’s government, I don’t hold it against them for economically whipping our @$$. I hold it against us.

By: A pragmatist

A pragmatist — Wed, 08 Aug 2007 13:05:43 +0000

I guess the only consolation we have is that even if China flips the life support switch on our currency, that doesn’t make our nuclear, biological and chemical resources just disappear. The USA still has the option of making an awfully big mess.

I suppose I should get a head start on forming an underground resistance to Chinese rule. Their government actually scares me more than our own.

Dr. Fix-
Bush isn’t doing us any favors, but in all fairness the death knell for the dollar came before his presidency with the end of the gold standard. All fiat currencies fail.

By: tochigi

tochigi — Wed, 08 Aug 2007 06:35:47 +0000

“And donâ€™t underestimate their ruthlessness. These are the folks who will run over their best & brightest (university students) with tanks when needed.”

You forgot the bit about incinerating the bodies with flame-throwers.

Just like google says, “don’t do evil”
(or to paraphrase: “see no evil, hear no evil, speak no evil”)

By: DrFix

DrFix — Wed, 08 Aug 2007 04:47:41 +0000

But leave it to the “decider” to push the currency button. Hell! He’s been so successful at everything else in life why not put the cherry on top by sinking the dollar. Gotta love it!

By: Moi

Moi — Wed, 08 Aug 2007 03:05:56 +0000

travis Says:
“And donâ€™t underestimate their ruthlessness. These are the folks who will run over their best & brightest (university students) with tanks when needed.”

I don’t think that could have been stated any better, So true!

By: travis

travis — Wed, 08 Aug 2007 01:42:27 +0000

China can bring down the entire U.S. economy with one word: SELL

They don’t need a single ICBM, just one word.

And don’t underestimate their ruthlessness. These are the folks who will run over their best & brightest (university students) with tanks when needed.