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buyerbeware
Schumpeter Reincarnate


Joined: 08 Aug 2007
Posts: 3326
Location: minneapolis

China admits US important to its growth
PostPosted: Mon Jan 21, 2008 6:48 pm Reply with quoteBack to top

http://news.yahoo.com/s/nm/200.....t_7r7v5rEF

"global demand is ultimately driven by the United States"

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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: China admits US important to its growth
PostPosted: Mon Jan 21, 2008 7:15 pm Reply with quoteBack to top

and then there's this quote:

More U.S. interest rate cuts or a further fall in the dollar in response to a weakening economy would have an impact on Chinese monetary policy, Zhang said without elaborating.

Hmmm ... China holds a trillion dollars of greenback "IOU's" and has an inflation problem, 'cause they have been letting us export our inflation to them for a decade now. And now they are expressing concern about our monetary policy at a time when we need to borrow more from them in order to send every Amercian citizen an $800 check.

tick, tick, tick ...
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angryvoodoo
Demolition Man


Joined: 20 Nov 2007
Posts: 2110
Location: ny

Re: China admits US important to its growth
PostPosted: Mon Jan 21, 2008 10:14 pm Reply with quoteBack to top

maybe we should just nuke china and get funds from bangledesh. that would be 1 goat pr citizen

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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: China admits US important to its growth
PostPosted: Mon Jan 21, 2008 10:19 pm Reply with quoteBack to top

angryvoodoo wrote:
maybe we should just nuke china and get funds from bangledesh. that would be 1 goat pr citizen


LOL .... just trying to imagine how my extremely uptight community association would react to my having a goat ...
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