Comments on: China Weighs Economic "Nuclear Option"

Officials Contemplate Dumping U.S. Cash Holdings

[tbweb]

Posted by pepperp1 at 04:06 PM : Aug 09, 2007,,,

Don't worry, China does not understand Americans as well as they think! Just the Chinese threat alone without its execution has already done more damage than they realize. To steal a phase from President Bush's father, "watch and learn!". I have no idea why China even went there! Like the saying goes, don't draw your weapon unless you plan on using it!

[pepperp1]

Or I might add when China threatens our country.

Americans won't hesitate one moment to cut the import lifeline and shift their allegiance from Chinese products that might poison their children or kill their pets.

Unlike organized labor or human rights groups, consumers don't have to mobilize to effect change; they only have to demobilize by not spending. And their bargaining agents -- WalMart, Target, Toys R. Us -- have immensely more clout than the AFL-CIO and Amnesty International ever had in fostering change in China.

No problem consider demobilization of spending in palce for this consumer.

[randalds]

BOTTOMLINE: Corporations simply DO NOT CARE about OUR COUNTRY. They care about PROFIT. It is a global economy, not a national one.

Posted by HDINSIGHT at 12:17 PM : Aug 09, 2007

People also need to be aware that the same is true about Bush, Cheney and the neoconservative movement they represent. They do not care about America. They are internationalists first and foremost and see America as nothing more then a large bank with pretty good credit. Of course that was before they borrowed us into massive debt. Their next move is to leave for the Middle_east once the bills start coming due. they do not now and never did care about this country or the American people, beyond what they could bleed out of us. When they have bled us dry they'll run and leave us holding the bills. They are not Americans, they are thieves who are in the process of pulling off the greatest robbery in the history of the world.

[tbweb]

BOTTOMLINE: Corporations simply DO NOT CARE about OUR COUNTRY. They care about PROFIT. It is a global economy, not a national one.
Posted by HDINSIGHT at 12:17 PM : Aug 09, 2007,,,

I had to write a paper on the impact of the Global Economy on National Economies and it was one of the hardest papers I ever had to write. At the root of the problem is the way Nations value their goods and only competition keeps a Nation honest. The Post by HDINSIGHT above hits the nail on the head because most think National Economy while their Nation thinks Global Economy and that's the problem, the disconnect! The Public in all Nations think in Patriotic National Economic terms while their Government, Corporations and Businesses are now thinking and operating in Global Economic terms. I came to the conclusion that a true Global Economy means dissolving National Economy's, the 2 types can coexist together but really are not compatible. A global Economy implies a Global World, a Global View, Nations dissolve, a real functioning U.N. takes center stage, a World Flag replaces National Flags, national Military's dissolve because in a Global view who do they represent? In it's essence I came to the conclusion that a Global Economy implies a Global one World view, but in the end I concluded that because of local Politics, National pride, Historical considerations, Cultural pride and other variables too numerous to list, a Global Economic one world system would always be just a dream!

[tburzio]

The tax cuts have led to an unprecedented increase in government revenues. That's the numbers.

[prinzowhales]

The problem is caused by the elites on Wall Street who connived with their Red Chinese buddies to use cut-rate labour in China to undercut American producers, using 'free trade' to knock out tarrifs and tax expenditures to cut their expenses with regard to transportation. The profits could then be divvied up between them. If you understand that racket, the various ways in which transfer pricing is disguised to avoid prosecution and the manipulated FOREX markets, then you've pretty much got a handle on the import side of America's foreign trade.

[prinzowhales]

neoconRcrazy--Precisely...the only obligations out there that had any protection for the holder that I can recall were some gold-backed ones sold through the Dutch Antilles, if memory serves...and, whether they are still outstanding I don't know... but, I haven't followed bonds in a long, long time.

[dzfromsc]

HangBush: The Chinese is a culture that has long distrusted others. If you study China, you will see that they do not like anyone else including Americans, British, and Japanese. They do not like to be told how to do things and they see our capitalistic ways as evil. They have lond competed with us for World Superpower and they will continue to do so. I have a feeling this "nuclear option" stems from the decline in their own stock market and in only flustered by the development of the Euro.
You need to read "The Chinese Century" by Oded Shenkar before you make any more false statements.

[sjc_1]

The Chinese have a tiger by the tail, with their rapidly expanding economy. Ever since their former leader said "it is glorious to be rich" they have been expanding. I do not think that they thought it would happen so quickly nor so strongly.

It is my view that you have to take things gradually when it comes to macro economics. Business likes predictability to make future projections. China is not trying to hurt us economically, but this announcement shows how upset they are.

[dzfromsc]

Stop buying everything made in China and letting all the Chinese come over here and work and adopting babies from them. STOP helping them sink America.

hdinsight: You have no idea what you're talking about. It's your government that's working against you albeit unintentionally at times.
Prinzowales: You're an idiot.

Some of you need to get a life and research before you comment.