Comments on: China Reading http://thefatguy.com/2005/06/china-reading/ Not-A-Pundit: Just a guy writing about food, music, books, and tractors Tue, 06 Jan 2009 10:55:23 +0000 http://wordpress.org/?v=2.7 hourly 1 By: SpikeinDallas http://thefatguy.com/2005/06/china-reading/comment-page-1/#comment-8218 SpikeinDallas Sat, 18 Jun 2005 02:40:01 +0000 http://thefatguy.com/?p=4380#comment-8218 The Chinese are- and have been financing our outstanding debt for years but especially in times of huge budget deficits, buying our treasury bonds like there's no tomorrow which in turn drives up interest rates over the long term,the fact that the dollar was dropping in value against the Euro as little as 6 months was very troublesome to me ,but lately the dollar is rising and there is no stopping it while at the same time the European union can't decide on a constitution and seems to be breaking apart, The Euro is falling the dollar is rising and obviously China as well as Japan And South Korea and other Asian countries Believe in America strongly enough that that is where they're betting their hard earned Yen-Yang or whatever they call that paper over there. Is this a great country or what ? Hush whiners ,I know there's work to be done ,we're gettin' to it. The Chinese are- and have been financing our outstanding debt for years but especially in times of huge budget deficits, buying our treasury bonds like there’s no tomorrow which in turn drives up interest rates over the long term,the fact that the dollar was dropping in value against the Euro as little as 6 months was very troublesome to me ,but lately the dollar is rising and there is no stopping it while at the same time the European union can’t decide on a constitution and seems to be breaking apart, The Euro is falling the dollar is rising and obviously China as well as Japan And South Korea and other Asian countries Believe in America strongly enough that that is where they’re betting their hard earned Yen-Yang or whatever they call that paper over there. Is this a great country or what ? Hush whiners ,I know there’s work to be done ,we’re gettin’ to it.

]]> By: Wes http://thefatguy.com/2005/06/china-reading/comment-page-1/#comment-8216 Wes Fri, 17 Jun 2005 21:57:41 +0000 http://thefatguy.com/?p=4380#comment-8216 Sorry. THIS link http://www.huaren.org/diaspora/background/doc/kristof.html Sorry. THIS link

http://www.huaren.org/diaspora/background/doc/kristof.html

]]> By: Wes http://thefatguy.com/2005/06/china-reading/comment-page-1/#comment-8215 Wes Fri, 17 Jun 2005 21:56:46 +0000 http://thefatguy.com/?p=4380#comment-8215 Interesting link. He makes a good case that China's problems are so severe, a run at Taiwan is out of the question. China is still paying for their folly of the 1525 (see link) and is obviously trying to make amends at the expense of their population. Maybe we should watch out for Sino-Russian cooperation. Both countries don't mind cracking down on "dissidents" and both have long memories of glories past. http://www.huaren.org/diaspora/background/doc/kristof.htmlSino-Russian Interesting link. He makes a good case that China’s problems are so severe, a run at Taiwan is out of the question. China is still paying for their folly of the 1525 (see link) and is obviously trying to make amends at the expense of their population. Maybe we should watch out for Sino-Russian cooperation. Both countries don’t mind cracking down on “dissidents” and both have long memories of glories past.

http://www.huaren.org/diaspora/background/doc/kristof.htmlSino-Russian

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