Article

2009-02-22 China-Japan-Koreas

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2009-02-22 06:44|| || Front Page|| [4 views ] Top

#1 Once they own enough debt, and then refuse to refinance it such that we go into default, can they, as majority creditor, take over the Board and the assets underlying the debt?

Posted by Glenmore">Glenmore 2009-02-22 09:22|| 2009-02-22 09:22|| Front Page Top

#2 It is more like "Finance our acorn spending package, and we will let you kill Tibetans."

Posted by newc">newc 2009-02-22 10:14|| 2009-02-22 10:14|| Front Page Top

#3 This will be interesting to observe. What the Chinese gov't. has been doing over the past 5 years or so is taking, and I mean taking, from the dollar inflows approximately 20% to redirect to overseas investment, about 75% US vs. 25% Euro. Their dollar inflows are down dramatically. One might assume their investment outflows would drop in the same fashion. In addition, Chinese are facing massive job loss, so have no capital to squirrel into banks in China. The smart Chinese, fearing the gov't may grab what they still do have, have been cleverly moving their funds into Hong Kong. Still in China and sorta out. Likewise, Japan has been reeling from loss of export capital. So just who is going to buy the massive Treasury issues required to fund the Great Dummo Stimulus Scheme ?

Posted by Woozle Elmeter 2700 2009-02-22 10:44|| 2009-02-22 10:44|| Front Page Top

#4 In Beijing, she called on authorities in Beijing to continue buying US Treasury bonds, saying it would help jumpstart the flagging US economy and stimulate imports of Chinese goods.

On the one hand it is true but on the other hand it is very sad that we have to go to China with feet shuffling, head bowed, hat in hand; while the other hand is held out for a hand-out. What have we become since WWII?

Posted by JohnQC 2009-02-22 10:44|| 2009-02-22 10:44|| Front Page Top

#5 What have we become since WWII?

A special interests representative government. Just check the donor lists (which we found out in '96 included the Chinese).

Posted by Procopius2k 2009-02-22 11:48|| 2009-02-22 11:48|| Front Page Top

#6 Remember the Clinton's comments in 92'?..."with one you get two"... or something similar? Meaning we got stuck with both Bubba and Billary. Well, Bambi went and done it again. Foreign policy as designed by both Clintons. With Bambi and the Clintons together it will be worse than when we had Madelin Albright.

Posted by WolfDog 2009-02-22 12:44|| 2009-02-22 12:44|| Front Page Top

23:00 HammerHead
22:58 HammerHead
22:55 Glomotch Thavise2856
22:30 Classical_Liberal
22:27 Rambler in Virginia
22:21 Rambler in Virginia
22:13 Ming the Merciless
22:11 Halliburton - Mysterious Conspiracy Division
22:09 Barbara Skolaut
21:41 Procopius2k
21:38 Uncle Phester
21:29 Ptah
21:25 Anonymoose
21:22 Procopius2k
21:21 Hellfish
21:20 Anonymoose
21:15 Anonymoose
21:03 phil_b
20:57 Thing From Snowy Mountain
20:43 Pappy
20:38 JosephMendiola
20:36 JosephMendiola
20:33 Pappy
20:28 European Conservative