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US will never repay Chinas $1 trillion
Posted by admin on November 26th, 2009 filed in Gold Stock
Chinese President Hu Jintao has called for free trade and investment liberalization during his address at the Asia-Pacific Economic Summit in Singapore.
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The Chinese leader has also put forward a four-point proposal to boost economic growth and revive the world economy.
China would love to reduce its dependency on the US and dependency is a good word. The US dollar has become the opium of international trade and China is an addict, believes former stockbroker Max Keiser.
America has absolutely no intention whatsoever of repaying China one trillion dollars [the US owes]. That is why China cannot get enough of buying gold bullion. This [showing US dollar banknotes] is Warren Buffett toilet paper, claims Keiser.
Duration : 0:4:59
November 26th, 2009 at 6:29 pm
the defination of a …
the defination of a moron is now:
Anybody who trusts the US dollar and holds zero gold and silver as investments
November 26th, 2009 at 6:29 pm
Base on the trend …
Base on the trend of Chinese developing, if Americans hold on all their technology like dear life, soon the good stuff will become oldies of the past. Because the Chinese can develop their own good stuff too or get them from someone else.
November 26th, 2009 at 6:29 pm
Max Ur great but …
Max Ur great but full of too. Obama and the US have much more than the dollars or lands. They are called advance technology. Problem? The Americans are still deeply inside their cold war mentality fox holes, refusing to sell to the Chinese. Otherwise the trade imbalance can easily get balanced.
November 26th, 2009 at 6:29 pm
The title of this …
The title of this video is a flawed. China can any time sell back its treasury in the open market. They can dump the dollar for other currencies like the EUR, CAD, JPY, AUD and others. China can dump the dollar by buying tangible precious metals like gold or buy commodities in the open market to dump the dollar. The only way the U.S. can avoid this is if the U.S. suddenly changes its money system and calls back the dollar from around the world.This makes the U.S. a failed banana republic.
November 26th, 2009 at 6:29 pm
you will have use …
)
you will have use sweetener lol
Smokes will cost kilo’s of gold
November 26th, 2009 at 6:29 pm
@thetruthisoutnow I …
@thetruthisoutnow I agree. Yea, we aren’t gonna pay them back the money we “owe” them. But who the are they gonna sell their products to? Same with brazil talking shit, too. These idiots don’t realize there would be NOBODY to sell their products to if the USA didn’t buy them.
November 26th, 2009 at 6:29 pm
You can grow your …
You can grow your own tobacco and suck sap out of a maple tree.
I say the slanted eyed migets. we should all stop buying their toxic garbage!
November 26th, 2009 at 6:29 pm
How many gold coins …
How many gold coins for a carton of smokes and a bag of sugar?
November 26th, 2009 at 6:29 pm
USD= wipe …
USD= wipe toilet paper.
November 26th, 2009 at 6:29 pm
Its all going pear …
)
Its all going pear shaped lol
Amazing people still don’t get it really and just buy physical gold & silver.