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Reply #13: Good LORD! How many times do I have to say this? [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007)

originalpckelly

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Sun Dec-17-06 10:44 PM
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13. Good LORD! How many times do I have to say this?

1/3 of China's dollar reserves are in the US Debt. If the Chinese sell their hard currency reserves, then they will devaluate the debt they own. (Which is what happens when the value of a currency decreases.)

Secondly, if China were to do this, they would basically kill of a market which they make almost a trillion dollars off of every year.

Third, Mr. Turner is a racist sack of shit, he used to call into Hannity and Limbaugh, until he went more racist:
http://en.wikipedia.org/wiki/Hal_Turner

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