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China Weighs In

Home - by - October 7, 2013 - 22:40 America/New_York - 16 Comments

The Independent

Get your fiscal house in order: China warns US as superpower expresses concern for $1.3tn of investments

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 ‘Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline.
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China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.
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ht. jclady
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» 16 Comments

  1. Menderman

    October 7th, 2013

    Haha! That’s so freaking funny! China really wants to get paid? When Barry is done, a truckload of $100 bills won’t be worth a used 1/4 roll of Charmin! Yeah, China, you’ll get your $1.3 trillion bucks so long as we have printing presses. You really should use you influence and ask for it in Ones, printed on pleated two ply.

    (and if your feeling snarky, you can request the scented stuff)

    Noteworthy Comment Thumb up +13

     
  2. I M Simpleton

    October 7th, 2013

    So what, default I say. Let the Chicoms learn how this capitalism shit works! Sometimes you lose your ass when you make a bad investment, like GM or Chrysler.

    Thumb up +5

     
  3. Brad

    October 7th, 2013

    They steal our shit all the time. All of or manufacturing. Usually facilitated by our elected officials. Screw em.

    Thumb up +4

     
  4. even steven

    October 7th, 2013

    We’ll pay them back about the time a postage stamp costs $900,000.

    Thumb up +2

     
  5. Jimbo

    October 7th, 2013

    The Chinese were kind of stupid.

    Thumb up +2

     
  6. CharlieWalksonWater

    October 7th, 2013

    The only good thing to come out of China were funny proverbs like “man who places head in sand will get kicked in the end.”

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  7. Brad

    October 7th, 2013

    CharlieWalksonWater, Not true, Gunpowder.

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  8. Name Redacted™

    October 7th, 2013

    Wouldn’t it be historically awful if the U.S. got late on its bills under the first black president?

    Countdown to “not raising the debt limit is racist” in 3…2…1…

    Thumb up +6

     
  9. CharlieWalksonWater

    October 7th, 2013

    True Brad. hadnt thought of that.

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  10. venturaguy

    October 8th, 2013

    When you borrow $1000 the bank owns you, when you borrow $1,300,000,000,000 you own the bank

    Seems like too many zeros but a number of web sites said 12 in a trillion

    Thumb up 0

     
  11. venturaguy

    October 8th, 2013

    What are they going to do? Repo us? Time to say to them “Stop playing games with your currency” and “You do not own South East Asia, stop acting like you do”

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  12. Brad

    October 8th, 2013

    venturaguy, They are hording copper. Maybe we can give them some more. Copper jacketed hollow points.

    Thumb up 0

     
  13. Major Mal Function

    October 8th, 2013

    The Chicoms nationalized all American assets when they came to power. Can’t wait to return the favor.

    Thumb up +2

     
  14. dumbfatnlazy

    October 8th, 2013

    No worries, Preezy Camachobama will just swap it for the deed to Taiwan….problem solved.

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  15. carolinakeith

    October 8th, 2013

    Seems like the treasury bonds they are buying is sort of like eating Chinese food. Half an hour you fill up on bonds you are broke again.

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  16. Tim

    October 8th, 2013

    “When you borrow $1000 the bank owns you, when you borrow $1,300,000,000,000 you own the bank.”

    That’s a fundamental belief of socialism.

    Didn’t work out too well for Germany in the middle of the last century.

    Thumb up 0