I don't want to scare you ...Obama ... but

[Robert A Whit]

60 minutes tonight.

Who watched it?

Mr. Obama beware that the main driver of the Chinese economy does not bust their bubble. They have halted building some cities. Enormous buildings, many apartments, brand new but not occupied.

What is your Plan Obama when China goes bust?

Builders there are in deep trouble. Many are deeply worried. Various empty cities stand vacant.

When China goes broke, there goes the economy of the USA.

Yet Obama, you want to keep borrowing from them.

Scenario.

Suddenly they like the US did, come to a halt. And they make a lot of our products. We won't have money to pay China and they can't afford to loan us more money and they are also going to go broke.

What do you say Obama?

[fj1200]

60 minutes tonight.

Who watched it?

Not me, my demographic is under 60. :slap:


Mr. Obama beware that the main driver of the Chinese economy does not bust their bubble. They have halted building some cities. Enormous buildings, many apartments, brand new but not occupied.

What is your Plan Obama when China goes bust?

Builders there are in deep trouble. Many are deeply worried. Various empty cities stand vacant.

When China goes broke, there goes the economy of the USA.

Not so much, they are reliant on the US economy, not the other way around.


Yet Obama,you want to keep borrowing from them.

Chinese holdings of our debt hardly grew at all last year and is barely above the Japanese holdings (http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt).


Scenario.

Suddenly they like the US did, come to a halt. And they make a lot of our products. We won't have money to pay China and they can't afford to loan us more money and they are also going to go broke.

What do you say Obama?

Why is this BO's issue?

[PostmodernProphet]

60 minutes tonight.

Who watched it?

Mr. Obama beware that the main driver of the Chinese economy does not bust their bubble. They have halted building some cities. Enormous buildings, many apartments, brand new but not occupied.

What is your Plan Obama when China goes bust?

Builders there are in deep trouble. Many are deeply worried. Various empty cities stand vacant.

When China goes broke, there goes the economy of the USA.

Yet Obama, you want to keep borrowing from them.

Scenario.

Suddenly they like the US did, come to a halt. And they make a lot of our products. We won't have money to pay China and they can't afford to loan us more money and they are also going to go broke.

What do you say Obama?

actually, I don't think the Chinese have been buying treasury notes for the last few years already.....mostly we're borrowing from ourselves.....

[Robert A Whit]

actually, I don't think the Chinese have been buying treasury notes for the last few years already.....mostly we're borrowing from ourselves.....

If that is true, it is a sign the burst bubble of their real estate is closer than I figured. We have not stopped borrowing so if a source dried up, do you get what I am saying?

[fj1200]

^Unlikely the two are related.

[gabosaurus]

What do you say Obama?

http://troll.me/images/barack-obama/dude-you-suck-thumb.jpg

[Robert A Whit]

http://troll.me/images/barack-obama/dude-you-suck-thumb.jpg


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