Author: 468259058

The US debt ceiling:What if the talks fail? [Copy link] 中文

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Post time 2011-7-27 12:06:34 |Display all floors
Originally posted by Revolutionar at 2011-7-27 11:53
I tell you what.

if there is going to be any bankrupt of major sovereign debts in the next 10 years, it is not going to be US$ debts but yuan debts. hahahahahahahahahahahahaha  

I think you have enough confidence from what you have learnt.

Let us change into another perspective.

Do you think it is reasonable that a country invested heavily in another country?

China has already invested 1/3 of China's GDP to U.S.A, Japan and several West Eropean countries.

If U.S.A announced not to pay back China, what can China do?

U.S.A has ever announced to freeze the assets of another country.

China's government had ever announced to freeze the assets of western countries in 1950s.
U.S. government had also ever announced to freeze the assets of mainland China in 1950s.

In 2011, U.S. government also announced to freeze the assets of government of Libya in U.S.A.

+++++++++++++
The present game rules were made by countries leading by U.S.A.

Can U.S.A change parts of the present game rules?

[ Last edited by 468259058 at 2011-7-27 12:15 PM ]
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Post time 2011-7-27 12:08:14 |Display all floors

Mr. Tel No, I see! You feel panic!

Well, Let me advice you on a good solution.

Go for a holiday in Inland China, visit the terrace tea hills.
Enjoy the food of the Hill People, and learn to "slow down".

that'll solve your panic!

Cheerios!

Green DRagon
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Post time 2011-7-27 12:09:28 |Display all floors
Originally posted by Revolutionar at 2011-7-27 11:53
I tell you what.

if there is going to be any bankrupt of major sovereign debts in the next 10 years, it is not going to be US$ debts but yuan debts. hahahahahahahahahahahahaha


Could the economic crisis in 1930s come again?

your judgement?
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Post time 2011-7-27 12:12:32 |Display all floors
Originally posted by greendragon at 2011-7-27 12:08
Well, Let me advice you on a good solution.

hehee..thanks for your advice..

Anything wrong in numbers, reasonings, conclusions in my posts of this thread?
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Post time 2011-7-27 12:21:09 |Display all floors

Reply #17 468259058's post

China will be HURT more in such an event in comparison to many Asian Trade Route States for obvious reasons!

But the STRUCTURAL design of China can absorb the shock!

Cheerios!

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Post time 2011-7-27 12:27:40 |Display all floors
Originally posted by greendragon at 2011-7-27 12:21
China will be HURT more in such an event in comparison to many Asian Trade Route States for obvious reasons!

But the STRUCTURAL design of China can absorb the shock!


What're "obvious reasons"?

What's "structural design of China"?
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Post time 2011-7-27 12:49:38 |Display all floors

Low savings ROUND FIGURES, simpler economy

..................for it's citizenry, (In Japan, families has average US$500,000 cash per family, in Singapore, each family has around US$250,000 cash while Malayans has average M$250,000 per family).

The domestic economy is more complex.

The trouble comes when there is PANIC.

Cheerios!

Green DRagon
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