skegpro
Active VIP Member
The EU always seems to always have one or two countries in a debt crisis that need bailing out so I don't think their currency is stable enough.thats what the Europeans wanted to do with the Euro but Europe is not united enough to make it work within so how can they expect to have other countries supporting it. I doubt the Chinese want to own more than the 21 trillion debt the US holds now but enough to strongly influence the US and keep them in line. I hate to say this but eventually we will be answering to Chinese foreign demands not the US. Maybe not in my time but it will come. We also cant forget the Arabs. They hold a lot of US debt as well. They only thing US has going for themselves is the massive consumer market but that will change eventually as well. My Chinese customer was telling me their $100,000,000 plant being built as we speak is 3 months delayed due to of all things labour shortage. Cant find enough workers. Go figure!!
The Chinese are smart and are basically taking over countries with out firing a shot.
They buy their debt.
They buy their land.
They buy their companies.
They buy up real estate. (Vancouver)
They sell them cheap goods.
Drive down the price of their commodities by selling their **** quality ones for cheap and turn around buy their premium quality ones at surpressed prices.
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