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| User Info | Open Letter To The Chinese Premier in forum [Ticker] | |||
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Genesis Posts: 71435 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/1632-O....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-17 09:28:07
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Danno Posts: 37 Incept: 2009-06-11 midwest us
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This needs to be a full page ad in major newspapers.
2009-11-17 09:46:06
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Geschrei Posts: 43 Incept: 2009-02-23
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C'mon, Karl, don't beat around the bush. Tell Mr. Jaibo how you REALLY feel. . .
---------- Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. James 5:1-3
2009-11-17 09:47:02
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Captbill Posts: 485 Incept: 2008-07-22 
Arizona's West Coast
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That is just SO WELL written---I'm speechless. KUDOS KD!
2009-11-17 09:48:29
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Permabear Posts: 64 Incept: 2009-10-05
Columbus, OH
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I worry that war is the more likely outcome following a U.S. default. We would like to think that the Chinese citizens would turn their pitchforks toward their own government (as is right). But don't count out the possibility that the propaganda machine, as it always does, may whip up some nationalistic frenzy and convince the Chinese that they have been wronged. Besides, war could be good for the political leaders on both sides if it can distract their respective populations from the economic crimes that they have committed.
2009-11-17 09:49:13
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Cheapbastud Posts: 659 Incept: 2007-10-09 
F is for FAIL
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..
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2009-11-17 10:05:08 by cheapbastud
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Alsace Posts: 937 Incept: 2008-10-27
Bear says: Come Get Some! Online
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 OMFG....LOVE IT LOVE IT LOVE
---------- Via ova capitum dura est.
2009-11-17 09:51:40
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Tesla Posts: 8182 Incept: 2008-04-03
Delaware
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Oh come on, there'll not be any war with China, any more than there was war with the USSR. No one can invade nations of 300+ million and keep their supply lines going, and to toss a few ICBMs into a nation that owes you a big monetary debt simply ensures that you'll never get paid esp. once you destroy its productive capacity. There may be a stepped-up economic war, but nothing else. Talk of war with China is laughable. ---------- "Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-11-17 09:53:27
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Angel61 Posts: 602 Incept: 2008-10-13
Texas
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 Well done, Karl. /salute ---------- Breathe deep, the gathering gloom...
2009-11-17 09:53:44
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Ldog Posts: 185 Incept: 2009-06-11
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Gen: Brilliant. I am so tired of hearing about the BRIC miracle. What a bunch of BS. Just like WCOM. They didn't reinvent the wheel. READ: they are lying. The costs are hidden. I get livid about this. We have been sold out. I don't want to live in Brazil. I say throw up the gate for everything except oil and rare metals. All the profit growth since 92 has been due to cramming the rank and file. CEOs and the Walton family has made enough money. LD
2009-11-17 09:55:15
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Oxfordrick Posts: 2685 Incept: 2007-07-09
san diego
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Fed wants to force rest of world to copy China's example and buy dollar debt to keep dollar from falling. Might work for a few years, math probably catches up with the next administration.
2009-11-17 09:57:51
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Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
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I don't say this much, but: THAT WAS ****ING AWESOME! Hell, I didn't know whether to laugh or cry..... ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org  "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-11-17 09:57:56
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Ldog Posts: 185 Incept: 2009-06-11
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Exactly. Uncle Sam wins a last man standing contest. We still have a ton of oil and lots of human and other capital. I don't want my kids to grow up in Colombia. KD: this is is a movement all true capitalists, businesspeople and patriots can get behind.
2009-11-17 09:58:46
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Eternalblue Posts: 4230 Incept: 2007-08-09
sokali
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i was just thinking how the chinese might be able to extract themselves with the least damage is to cause a liquidity crisis themselves, which would create a flight into treasuries, and sell as much as they could into the spike.. ---------- my miniblog; http://economicpsychosis.blogspot.com/
2009-11-17 09:59:11
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Larsenebezzle Posts: 168 Incept: 2009-05-05
Land of Oz
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Bravo! Don't forget the poisoned pet food the ****suckers peddled too.
---------- I am heavily positioned in lead and lead delivery systems.
2009-11-17 09:59:11
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Robert17 Posts: 70 Incept: 2009-03-15 Judsonia, Arkansas
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Looks like the Chinese premier picked a bad week to give up sniffing glue.
2009-11-17 10:00:12
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Ldog Posts: 185 Incept: 2009-06-11
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Hey Mr. Wen: You want ANWR or Prudhoe Bay? Come and get it. Yeah. That's what I thought. **** you very much. LD
2009-11-17 10:01:22
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Permabear Posts: 64 Incept: 2009-10-05
Columbus, OH
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Tesla, I hope that you're right about China as you certainly are (given historical hindsight) about the USSR. There was this little quarrel though that we call World War II that I think directly followed from the economic depression of the prior decade. And a conclusion still popular today is that war spending brought us out of depression. Translation: war is good for the economy. I don't know what kind of calculation could go into the decision for war. But I don't see why it must be on a total level. Why talk of invasion or ICBMs? We're talking about seizing resources and distracting domestic populations from their economic troubles by engaging them in grand nationalistic struggles. I believe that the problem in the USSR was (though I'm no scholar on this, so I would welcome correction) that its population was disillusioned. They may not have been susceptible to nationalist sentiments. Is China susceptible? I don't know. Is the United States? Based upon how many people still seem look to the federal government for salvation, I fear that we are.
2009-11-17 10:02:40
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Phev Posts: 116 Incept: 2009-05-17
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Admiral HiroHito ? Do you want to say Yamamoto, Karl ?
2009-11-17 10:05:19
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Heffalump Posts: 93 Incept: 2008-04-05
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"throw up the gate for everything except oil and rare metals" After you have thrown up the gate, you'll have difficulties getting those rare metals and oil, even if you keep that particular door wide open. You have to assure your counterparty that those items will actually be paid for with something that's worth it, unlike last time when it was all promises and hot air. ---------- "If rate I raise, burst, the frothy bubble will. If rates I lower, inflation will I get. Unclear, is the housing market."
2009-11-17 10:06:02
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Ldog Posts: 185 Incept: 2009-06-11
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Gen: Sorry for the random scattering posts. But you have struck a chord man. Maybe this is the plan. We can only hope. On a related note, we can do this with the Chinese or any other manufacturing nation. On the flip side, we have to make good with OPEC. That's my reading. Your thoughts. Ldog
2009-11-17 10:06:53
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Drench Posts: 826 Incept: 2009-11-10
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I've been watching CCTV 5 lately through TVU on my iPhone. It's the sports channel in China. I would say it's the Chinese sports channel, except that they show a fair amount of our basketball and Europe's soccer matches. They're very excited about Vancouver in 2010. I wonder how much they'll cheat this time. Anyway, there are lots of commericals for razors and electronics, and I can't tell the difference between their graphics and the ones on NBC and ESPN. Point being, people are people everywhere. They like having things, and they like competition. The seeds of free markets are everywhere. Even there. Even here.
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2009-11-17 10:09:00 by drench
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Coolhandluke Posts: 5637 Incept: 2007-12-19
Out of the box
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You can add one more. [****_you] ---------- It's not that I'm lazy, I just don't give a **** anymore.
2009-11-17 10:08:54
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Bagbalm Posts: 979 Incept: 2009-03-19
Just North of Detroit
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I'd predict that when they see they are screwed they will say - "Well why are we still being polite about Taiwan?" And they will take it. Second less likely way to punish us would be to use N. Korea. It doesn't have the satisfaction of giving them something they want. The supply line runs the other way against us and my guess is if Obama is told to keep his carriers away or they will be sunk he'll thank them for letting him know instead of just up and doing it. It would look bad to lose a couple carriers on his watch, and he doesn't have the balls to trade nukes with them even 20 to 1.
2009-11-17 10:09:59
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Genesis Posts: 71435 Incept: 2007-06-26
KD^2
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Fixed on the Yamamoto.
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-17 10:10:19
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