From Reuters:
The premier said Beijing expected to see results from President Barack Obama's economic recovery plan but expressed concern that massive U.S. deficit spending and near-zero interest rates would erode the value of China's huge U.S. bond holdings.
The Chinese people are going to go mental when it finally dawns on them what their insane mercantilist government has done with all their hard-earned money. Do the Communists have some sort of contingency plan?
Friday, 13 March 2009
Classic Chinese understatement
My latest blogpost: Classic Chinese understatementTweet this! Posted by Mark Wadsworth at 15:45
Labels: China, Currencies, Fuckwits, Interest rates, US, USA
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10 comments:
I fear the Chinese regime will just tighten the screws of repression. And say that it's all America's fault.
And useful idiots all over the world will blame 'free market capitalism'.
Interesting times indeed
Has anyone told the Chinese that the phrases "It started in America" and "Its the fault of America" have been copyrighted by one G. Brown
"Do the Communists have some sort of contingency plan?"
Does shooting anyone that complains count as a plan?
"Do the Communists have some sort of contingency plan?"
Run for the Hirrs.
Do the Communists have some sort of contingency plan?
They are communists. That is the contingency plan.
Now, everyone form an orderly line to receive a carrot.
The US and China are in an impenetrable financial tangle, they stand or fall together.
The Chinese contingency plan?
The chines might ask for their money back.
"Do the Communists have some sort of contingency plan?"
Yes. The People's Liberation Army
D, shouldn't that be "Lun for the hirrs"?
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