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CLK .. or .. KLC...
When there is less money in China, there will be less money in China buying our debt. So .. when we offer bonds and there isn't a buyer ?? The bond payoff, interest must be raises to get the buyer interested. What did I learn in business school .. when stocks go down, bonds go up. The problem? A bond is debt, an IOU. The way I figure; this is just the beginning. The USA has been spending money like a crazy drunk for years. That is money that the Federal Govt. does not have. The money came from selling debt. The bonds. To who? The Chinese. Let's see; we have the war in Iraq .. billions of dollars wasted on heathen barbarians. Then there is Afganistan. Would be much cheaper to just drop a couple of nukes, the whole place would be unliveable. End of that problem. We are letting our country be overrun by Mexicans and other third world illegal tresspassers who are coming here and driving down wages. Taxes eat up more than half what we earn. Take the Federal tax, the state taxes, the fees [ can't even park and go for a hike in the White mtn's anymore without a fee ]. Home Land security. Billions of dollars for people who do nothing. And it is all based on the Chinese buying debt. And yesterday the Chinese stock market tanked. HELLO? The revolution is coming ... sure as ****. =========================== "KLC Lewis" wrote in message et... "NE Sailboat" wrote in message news:CW6Fh.2039$RN6.216@trndny07... Hey Larry ,, looks like we are going into recession. The market went down bigtime today. Question for the assholes in Washington: what happens to all the illegals if the economy tanks? Who is going to take care of these people? Yeah, the Dow took a dump because of massive selling in...China. Scary, huh? Think of what they could do if they REALLY wanted to screw with us. |
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