What to do with Worthless $2.7 Trillion? If You're China, offer to Buy an Entire Continent!Submitted by BleuCream013 on Thu, 12/23/2010 - 16:50
Might as well while the Federal Reserve funny 'money' still is able to buy something, right?
Yes folks, apparently we've taught the Chinese well. But the culture that brought us Sun Tzu's The Art of War is taking less Pentagram, more Capitalist approach: while not benign, it's better than airdropping tanks and paratroopers.
Fresh humiliation for eurozone as China says it will bail out debt-ridden nations
By Daily Mail Reporter
Last updated at 4:14 PM on 23rd December 2010
Pledge: Chinese Premier Wen Jiabao offered to buy Greek bonds in October and the country has also agreed to buy out Portuguese debt
China has said it is willing to bail out debt-ridden countries in the euro zone using its $2.7trillion overseas investment fund.
In a fresh humiliation for Europe, Foreign Ministry spokesman Jiang Yu said it was one of the most important areas for China's foreign exchange investments.
The country has already approached struggling European countries with financial aid, including offering to buy Greece's debt in October and promising to buy $4billion of Portuguese government debt...
They own you now, Europe: from one master, America, to another, China.
How about just kicking the banksters out and write off, and refuse to pay the non-existent fraudulently created 'debts,' and reclaim sovereignty, instead?
Declare your Independence, Europe. Come on, now. This is precisely the time to do it, no?