China threatens U.S. with currency war

[Large Sarge]

http://investmentwatchblog.com/china-threatens-u-s-currency-war/

[Ponce]

Only answering to the tittle of this thread....... no need for a foreign country to fight any war against the US, we have being doing that internally sinse 1913 and the Federal Reserve have won.

V

[Ares]

http://www.youtube.com/watch?v=ZV9Ut-sZq20&feature=player_embedded

China warns US as superpower expresses concern for $1.3tn of investments

Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline

China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.

The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.

“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,” Mr Zhu told reporters in Beijing. “This is the United States’ responsibility,” he added.

Sources:

http://www.independent.co.uk/news/world/americas/get-your-fiscal-house-in-order-china-warns-us-as-superpower-expresses-concern-for-13tn-of-investments-8864935.html
http://www.amazon.com/Money-GPS-Guiding-Through-Uncertain/dp/0987924109/
http://now-here-this.timeout.com/wp-content/uploads/2012/03/Portrait-of-London-Collapsing-Building-in-Queen-Victoria-Street-5th-November-1941.jpg

http://investmentwatchblog.com/china-threatens-u-s-currency-war/

[Ponce]

I see, the US is declaring chapter 9, or is it 11?, in order to declare the dollar world wide no good and then restart the economy with a clean slate and a new dollar........is the new dollar part of the plan?

V

[gunDriller]

the US gov is SOOOOOOOOOOOOOOO stupid.


unfortunately, the citizens will pay for the stupidity of the Harry Reid's of the world.

since Reid, Pelosi, etc. are almost fully buffered from blowback from their stupidity.


what do they think other governments are doing while the US re-arranges deck chairs ?


a logical move for China is to ignore the US gov. & to chase the price of Gold higher.

if i was a Chinese gov. minister i wouldn't look for anything resembling intelligence from the US, as a group.


the longer this drags on, the greater the forces increasing the velocity of the US $ - and those forces are inflationary.


it makes me wonder if the "power behind the throne" in the US gov. is planning on using this 'opportunity' to implement more Patriot Act & 9-11 type measures - policy and false flag responses to shape the PNAC/PNJC vision.

[osoab]

[video=youtube;ZV9Ut-sZq20]

China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.



They ain't the biggest creditor though.

Fed Now Largest Owner of U.S. Gov’t Debt—Surpassing China (http://cnsnews.com/news/article/fed-now-largest-owner-us-gov-t-debt-surpassing-china)

For some reason I was thinking that Great Britain took over China as the largest debt holder. I know I read the numbers somewhere in the past 6 months. According to this, China is still number one.

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

Looks like Belgium and G.B. had some of the largest increase yoy percentage wise. Some went down. The name for #3 on that list is interesting.

[Ponce]

The largest debt holder to the US in not the UK but Japan....and that's why it should be the first one to go down.

V

[Ares]

http://www.treasury.gov/resource-cen...uments/mfh.txt

Looks like Belgium and G.B. had some of the largest increase yoy percentage wise. Some went down. The name for #3 on that list is interesting.

Caribbean Banking?? I think that's what it is. Yeah, where did they get that kind of "money"?

[osoab]

Caribbean Banking?? I think that's what it is. Yeah, where did they get that kind of "money"?

Slush Fund/Dark Pool? The Wanta funds?

[osoab]

The largest debt holder to the US in not the UK but Japan....and that's why it should be the first one to go down.

V

Per the list Japan is the #2 country, which is laughable. They are in debt to their eyeballs themselves.

#1 is Bernanke and friends.