Friday, July 9, 2010
China Promises Not to "NUKE" the US!
China Promises Not To Use "Nuclear" Option And Buy Gold, Dump US Assets!
Trillion US Dollars. That gives them a "nuclear option" of power over the US. If they were to dump these assets all at once buying gold, silver, or other real investments, the US dollar would become virtually worthless overnight! You'd be lucky to get buying power of $0.10 on the dollar. An actual nuclear bomb dropped on a US city would actually do a LOT LESS damage to the US than such an economic move.
How did we let the Chinese get such a stranglehold on our nads?
PS. We can trust the Chinese to be honorable men of their word, right?! owns $2.45 :(
"Government is the only agency which can take a useful commodity like paper, slap some ink on it, and make it totally worthless."