Luo Ping, a director-general at the China Banking Regulatory Commission, said after a speech in New York that China would continue to buy Treasuries in spite of its misgivings about US finances....
“We hate you guys. Once you start issuing $1 trillion-$2 trillion, we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.
What are your thoughts?
Answer by grlygrlz2 at 7:38 AM on Feb. 14, 2009
I'm not happy to hear about this at all. I'm really pissed knowing this stimulus was passed without congress even reading 1,100 pages! All of what is on those pages should have been readily available for US to read. They could have taken more time to fkn read. Hell they don't even know what is in it but they approved it! And China can KMA. I try to avoid buying anything from them but it's hard because that's mostly what he damn sell here! Also in some places like HAWAII that is what they are paying for milk and gas, go figure!
Answer by Anonymous at 7:48 AM on Feb. 14, 2009
Answer by LoriKeet at 7:57 AM on Feb. 14, 2009
Answer by Anonymous at 8:08 AM on Feb. 14, 2009
Answer by TeensMom07 at 8:14 AM on Feb. 14, 2009
People are we starting to wake up and smell the coffee???
Its about time. This whole thing is disgusting.
Answer by tyme4me2day at 8:57 AM on Feb. 14, 2009
You know, I am finding it really ironic that politicians were admonishing the bankers for "wanting their bar tab paid so they can go out and get drunk again", yet China is saying practically the same thing with this comment. The parallels are astounding. Pot, meet Kettle.
Answer by QuinnMae at 10:44 AM on Feb. 14, 2009
Answer by lifeasinoit at 10:55 AM on Feb. 14, 2009
Answer by xxhazeldovexx at 11:39 AM on Feb. 14, 2009
Answer by Anonymous at 12:46 PM on Feb. 14, 2009