Mike Stathis

Why China Will Continue to Buy U.S. Treasuries

Maybe if you checked into who I am and bothered to read my previous articles on this site and others you would see why. I already discussed all of this in depth over 2 years ago and I have in part summarized it last year. This is just a small example.

www.marketoracle.co.uk...

See that's the problem with you people. You don't check into track records. I hardly think that just by having a Chinese name, you are qualified to understand the the situation in China relative to the US. You guys need to start figuring things out...the media is NEVER right. They either lack the understanding to select credible experts or else they slant thingsto protect the financial and political agendas of their media company. You take what these media guys say at face value. And that is why you all got blind-sided by the market.

www.marketoracle.co.uk...

www.marketoracle.co.uk...

I've been trying to transform sheep into sophisitcated investors for over 5 years now, but I'm starting to see that this is virtually impossible.

On Mar 13 11:24 AM Mike Stathis wrote:

> Rick, you are so wrong on so many accounts that for me to pick apart
> your article would consume my entire day. This piece is yet another
> example of the journalistic irresponsibility we have suffered in
> America for years.
>
> I would suggest you either leave the economic analysis to experts,
> or else find credible sources that aren't Wall Street or government
> hacks.
>
> For starters, anyone familiar with China knows well about their gov
> bail out. China is being affected like most every other nation but
> China will mount a real recovery in a few years, unlike America.
> China has a real economy, unlike America's Ponzi scheme economy which
> is highly dependent on foreign financiers to keep it afloat. And
> China does not have a $72 trillion deficit in its entitlements programs
> over the next few decades like America.
>
> There are so many issues I really don't have the time to address.
> All I can say is that I would advise you to stick to one topic and
> learn it well. And I would advise against that topic being anything
> to do with the economy. Perhaps you might consider going back to
> writing on the Big 3. Alternatively, you might consider applying
> for a job at CNBC.

Why China Will Continue to Buy U.S. Treasuries

Rick, you are so wrong on so many accounts that for me to pick apart your article would consume my entire day. This piece is yet another example of the journalistic irresponsibility we have suffered in America for years.

I would suggest you either leave the economic analysis to experts, or else find credible sources that aren't Wall Street or government hacks.

For starters, anyone familiar with China knows well about their gov bail out. China is being affected like most every other nation but China will mount a real recovery in a few years, unlike America. China has a real economy, unlike America's Ponzi scheme economy which is highly dependent on foreign financiers to keep it afloat. And China does not have a $72 trillion deficit in its entitlements programs over the next few decades like America.

There are so many issues I really don't have the time to address. All I can say is that I would advise you to stick to one topic and learn it well. And I would advise against that topic being anything to do with the economy. Perhaps you might consider going back to writing on the Big 3. Alternatively, you might consider applying for a job at CNBC.