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China spending dollars at break neck speed.

Could it be their way of dumping dollars. Is this the start of the dollar colapse.

http://www.washingtonpost.com/wp-dyn/content/article/2009/03...

I think this is the way they are going to try to dump all their dollars. They see the handwriting on the wall.

Folks I think this is huge! along with all the talk of a new global currency.

Russia is starting new arms race to try to bankrupt us.

If you have'nt yet please buy some extra food. Costo has 25 pound bags of rice 3 to 4 to avoid starvation.

less then 50 bucks for 75 pounds.

Good luck all.




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If China is buying tangibles with US dollars, I know why.

They know what we know: Hyperinflation is coming.

Think about it.

Suppose a rich family member who was infirm decided to give you $100,000 in cash.

Now suppose that--after reluctantly taking it and thanking him for his generosity---you read the economic forecasts by Peter Schiff and other sensible economics forecasters, and read the reports on how much fiat money the Fed has been printing since the first TARP bailouts.

What would you do with the $100,000? Stuff it under your mattress? Put it in the bank, in a savings account with 6% compounded interest?

Or would you run out, as fast as you can, and buy gold, silver, energy, food commodities, and other tangibles?

If you knew enough about economics to see what's coming, you'd be crazy to leave your money in the form of fiat FRNs.

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this is what I have been

this is what I have been talking about.. this is how they slowly but surley get rid of dollar reserves.. they will buy things of value with dollars.. instead of selling dollars they use them to trade for goods.. things they will need.. they will do this slowly as to not make the dollar crash quickly..
the Chinese are not stupid.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

it sounds more like a blitz

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I beat you to the rice at Costco

Not that I'm really worried about starving, the wife is Japanese. Get the Japanese rice, "Kokuho Rose", even the Chinese like it better. It is a moist sticky rice when cooked, not dry and fluffy. Sam's Club does not have it. Incidentally it has doubled in price since last year.

Break a leg.

Maybe a few 100,000 Chinese

Maybe a few 100,000 Chinese families can come over and buy up some of the extra houses on the market, that would certainly help out the housing market. Of course we may have to learn to speak Mandarin.
grant

Is this what you were looking for ?

http://www.washingtonpost.com/wp-dyn/content/article/2009/03...

~Mikael / Peace, love, Light and unity ~

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thanks Misha.

Mike in russian.

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Off topic, but---do names actually translate?

I am Mike Lawson, no matter where I go in the world that's my name. I've always wondered about this. Not being an object or action I don't see how a name can translate into another language. I'm not trying to stir up anything, I just never had a chance to say that before and I've been thinking it since high school. Stupid huh?

This is correct

Lawson would not translate. But common names can and do. I think its personal prefrence. My real name is Pavel Spelled Pawel don't ask me why, cause I don't know.

But in some countries I may wish to be called by their version of my name Just in case there word for sounding like "Paul" might mean something alltogether differnt. Like for exsample rock, tree, pig, dolt, or arse. if the latter is true and my friend says to a local in that country "you look like Paul (arse)" it may not bode well for him.

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MikeLawson, off topic

Did you get my email a day or so ago?

Asking what your brother found out about 0 cap rates for holding small stock company for 5 yrs, which is supposed to be a part of the new stimulus bill?

hjschaapman

The Winds of Change!

did they say what they are

did they say what they are spending it on?

Everything of physical value..

China is buying, mines, oil, gold and all the other building blocks of production...World Wide!

Don't forget about farmland...

I wouldn't be suprised if they gain the ability to set the price of our food.
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At first splash of Eden we race down to the sea,
standing there on Freedom's Shore....

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
Friedrich Nietzsche

It's a game of hot potato,

It's a game of hot potato, don't hang on to those dollars, spend them on physical goods. Stock market is a suckers game.