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  • Credit Card Cancer [View article]
    You're right. China's dollar holdings will give it enormous leverage in foreign affairs in the future.


    On Mar 16 06:06 AM Kinja Rules wrote:

    > The Chinese as well as All other Govt's of the World will always
    > have their own best interests @ heart. It is a given. What is Shocking
    > is that w/o a bullet fired China could easily topple the US, by sales
    > in various bond related instruments. This is Really Sad. On the
    > other hand, they still need US...
    Mar 18 11:37 am |Rating: 0 0 |Link to Comment
  • Credit Card Cancer [View article]
    AMEN!


    On Mar 14 11:06 PM WesAttaway wrote:

    > A great article. My concern has always been that since the basic
    > problem is that Americans have been spending more money than they
    > have then how can we expect "demand" to go back to where it was.
    > The answer is perfectly explained in this article. Without a continuation
    > of unsupportable credit we can't do it. Smart businesses are already
    > readjusting to the reality of decreased demand.
    Mar 15 09:49 am |Rating: +4 -3 |Link to Comment
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