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 China really ticked about devaluation of US$
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Nickelless
Administrator


USA
5580 Posts

Posted - 02/14/2009 :  03:46:09  Show Profile Send Nickelless a Private Message
Congressman gives a great explanation of looming hyperinflation in the U.S.:

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Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp

Edited by - Nickelless on 02/14/2009 03:48:59

Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 02/14/2009 :  10:48:50  Show Profile Send Bluegill a Private Message
I would not be surprised if the Chinese start buying any and everything they can in the U.S. More so than they already are. Same with the Japanese and the Middle Eastern nations holding our debt.

Every airport, seaport, loading dock, highway, utility company, factory, company, building, skyscraper, railroad, national park and forest, oil field, coal mine, water way, real estate, whole sections of cities (already started in Detroit), everything.

That would protect their investment. These things all have tangible value. The dollar doesn't.

They would then literally "own" us. At that point they may want to employ "security" (aka military troops) to guard their property in their Amerikan territories...

They may even desire to sell or trade their various Amerikan possessions with other nations. Buying, selling and trading us like a Monopoly game...

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Nickelless
Administrator



USA
5580 Posts

Posted - 02/15/2009 :  07:40:34  Show Profile Send Nickelless a Private Message
My girlfriend and I went out to eat last night, and as we were checking out, I went to grab a toothpick from the box by the cash register--and even the toothpicks were MADE IN CHINA!!! How is it that we're even outsourcing TOOTHPICKS???



Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp

Edited by - Nickelless on 02/15/2009 07:41:11
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