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Biggest Threat to High Prices!

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  • checking
    Senior Member
    • Feb 2008
    • 2392

    #11
    "China trip was very interesting in its timing"

    Really.

    Headline for November 18, 2009 - Obama invites Hu to Washington in 2010.

    Sure, Hu arrived a little late (Jan.18, 2011)

    Comment

    • brian99
      Senior Member
      • Mar 1999
      • 236

      #12
      We are already seeing the result of this debt. China is making commodity deals in anything but american bucks. I think this is going to continue until something big happens and people don't run to the US dollar, that will be the end. And they won't see it comin.

      Comment

      • Hopperbin
        Senior Member
        • Dec 2007
        • 6562

        #13
        So what do they buy commodities in what currency???? I don't get it.

        Comment

        • Hopperbin
          Senior Member
          • Dec 2007
          • 6562

          #14
          Hmmm, do we live on the wrong side of town

          Comment

          • Hopperbin
            Senior Member
            • Dec 2007
            • 6562

            #15
            Its interesting, the chinese are not much on keeping things clean if you go out the tourist zone. Why?
            Basically there is no profit in cleaning things.

            Comment

            • BTOfarmall
              Senior Member
              • Aug 2010
              • 375

              #16
              Cottonpicken why all da Questions????? I taught you knew dis, guess knot, so I will tell you's....


              Most that DEBT COMES FROM INTEREST BEING PAID FOR MONEY TO COME INTO EXISTENCE!!!!! Research Fractional Reserve Banking!!!!!!

              Comment

              • Hopperbin
                Senior Member
                • Dec 2007
                • 6562

                #17
                Most that DEBT COMES FROM INTEREST BEING PAID FOR MONEY TO COME INTO EXISTENCE!!!!! Research Fractional Reserve Banking!!!!!!

                Someone must have actually invented the fart bomb.

                Comment

                • cottonpicken
                  Senior Member
                  • Apr 2006
                  • 6993

                  #18
                  Checking,I was referring to the the budget release
                  date being delayed and the timing of the visit,should
                  have been more clear for those that don't follow this
                  stuff.

                  Comment

                  • checking
                    Senior Member
                    • Feb 2008
                    • 2392

                    #19
                    Cottonpicken.

                    Unless the Budget and Accounting Act of 1921 has been changed, the President must annually submit a budget to Congress by the first Monday in February.

                    Even time on a tropical island isn't delayed no matter what you drink. There is no delay in the budget release date. It will be on time as was the negotiated date for the China visit.

                    Comment

                    • cottonpicken
                      Senior Member
                      • Apr 2006
                      • 6993

                      #20
                      Ok,let me slow this down for you.

                      The budget HAS been delayed until feb 14.

                      This is weird.

                      The chinese come and have a face to face.

                      They hold large sums of us securities.

                      They are telling us the gap this year is expected to
                      be 1.42 trillion.

                      I think all of this is interesting.

                      What part do you not find interesting or true?

                      Comment

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