China and Economic Issues

Posts: 8221

China to Dump One Trillion in US Reserves!

Quote:

Tells visiting Bush administration officials they will not sit back and lose their shirts as U.S. Dollar collapses; they are getting out fast and large!!!!!!

BEIJING, CHINA -- Sources with a U.S. Delegation in Beijing have told The Hal Turner Show the Chinese government has informed visiting Bush Administration officials they intend to dump One TRILLION U.S. Dollars from China's Currency Reserves and convert those funds into Euros, gold and silver!

China was allegedly asked to withhold the announcement until Bullion Markets closed for the weekend to prevent an instant spike in gold and silver prices. This delay will give the world the weekend to consider appropriate actions rather than have a knee-jerk reaction which could see the U.S. Dollar totally collapse in value Monday.

More: http://www.halturnershow.com/ChinaToDumpUSDollars.html

Posts: 819

man..

everytime the US dollar goes down, my poker accounts lose value.

damn bankers and warlords!

Posts: 2699

I go to panic everytime I hear this because it makes you feel helpless. Maybe I should do like DBS and get out of the US. Rolling Eyes

.

Anyway as much as I despise DBS he was right on the money on that economics blurb he did a few weeks ago. I had my gf listen to it (she works in the hedgefund industry) and she said its right on the money. The SCC is so corrupt that a scenario like that is not unimaginable.

Posts: 8221

Cute video:

China Dumping Trillion Dollar US Reserves! Who Laugh Now?

Posts: 100

That video is great!

Posts: 2699

All I can do is laugh and agonize. How pitiful.

Posts: 22

This is pretty scary news. The future looks anything but bright right now.

Posts: 819

this news report on cnn from two months ago seems to be warning of this happening..

it says if something like this latest report happened,
it could turn into a depression worse than in 1929.

Posts: 445

stOneskull wrote:

this news report on cnn from two months ago seems to be warning of this happening..

it says if something like this latest report happened,
it could turn into a depression worse than in 1929.

Just the conditions needed to start another massive world war! how convenient. If I was Iran I would be starting to worry very much..notice how the media have been demonising Iran lately?

Posts: 297

I've been predicting another great depression for 6 years now. Nobody believed me because I'm crazy. That's what they'd say every time I talked about the economy: "you're crazy". I seemed to know then that our government sold out to the commies, but I'm f*cking looney, so I stopped predicting things. BTW, the world will not end in 2012, but everybody believes the nuts that are writing books about the world ending. I also see this established CEO government failing horribly.(It's not far off)
I see another revolution but it could be a delusion, because well, I'm not the most stable sawhorse in the shop if you know what I mean. Forget about the screws being loose, they don't even exist. They don't even exist oh my brohers and sisters, not at all.

Posts: 8221

The Secrets of Alchemy: The Great Cross and the End of Time

-After watching this, I got the idea what the secret underground bases or prison systems may have been set up for. Could be mind control propaganda to make us willing underground slaves though.

Posts: 36

Americans are no longer in control of the land their forefathers fought and won liberty on
They have been enslaved !
not from enemies foriegn but enemies domestic .
today most politicians in America advocate pre-emptive NUCLEAR strike on a third world nation.
they vote to fund a war in Iraq that the AMerican people were lied into
where by Americans went into Iraq a third world nation that was disarmed and declawed by UN inspectors, and who suffered 10 years of sanctions.American forces went in using ww3 tactics and weapons such as DU armaments AMericans using tortur muder and rape.
This isn't Americans giving these orders I don't believe it.
Americans are not doing this I don't believe it.
Not those that cherished freedom for all and human rights.
sadly America no longer merits its own freedom they have become their enemy.
and as we see today their masters are taking away their freedom everyday.
in the end it is not Iraq that has lost but America.
for as they fight in Iraq for Iraq to have freedom their own freedom is being taken away
they fight in Iraq for the bankers ,not for Americans.These banksters are
planning the complete destruction of the constitution to make way for the NAU
the boys in the war will return saturated in DU themselves destined to die
sadly America will lose more than money ,they will lose their freedom, their armed forces will be weakened to the point of not being able to defned American soil from the blck water all international force that will
come to keep the peace on American streets.
what is in store for AMericans is the American nightmare
not even Ron Paul can stop it !
As the powers that control America today don't care about America they only have one goal , to control the world and there will be socialistc comunism in American streets before the war is over.
I weep for America , as for it's citizens they don't merit any tears they have let this happen to,and deserve what they get.

Posts: 273

Don't keep your money in the bank, put it into anything else, but not in a bank.

Posts: 2699

	Quote:
	Will China become the largest, richest and most powerful economy in the world?

Posts: 2699