WW3 anyone?

[PRMoon]

MSG is the secret weapon the Chinese have counted on us devouring. Heart disease will kill us faster than a SCUD missile.

Don't have to tell me twice. I'm about to hit up the employee dining room and see if there's any lo mien and peking duck left over from lasts nights shift...wait what am I doing? I'm feeding the machine! Literally!

 

[Alle_Gory]

MSG is the secret weapon the Chinese have counted on us devouring. Heart disease will kill us faster than a SCUD missile.

MSG is just a salt and does nothing of the kind. It doesn't give people headaches either as double blind studies show.

Thanks for spreading the nonsense.

Ecomically, if the Chinese EVER pull the plug on their purchases of US treasury bonds, you can kiss the USD goodbye because it'll get hyperinflated into oblivion. US sovereign debt is totally unsustainable and for the US government to continue along in any recognisable way into the future it is completely dependent on the good will of its asian creditors. Just take the present debate over whether or not to raise the US debt ceiling, such a huge debate right now, but it would be entirely moot if the Chinese decided they didn't want to buy US bonds anymore anyway.

I don't understand why the Chinese are even buying US bonds in the first place. Do they really expect the US to pay that money back? The government is living on borrowed credit.

Suppose hyperinflation does happen as you suggest and the US goes belly up. Does China have a market for their cheap crap besides America? Who else would buy that garbage in quantities to sustain their economy?

 

[PRMoon]

MSG is just a salt and does nothing of the kind. It doesn't give people headaches either as double blind studies show.

Mmmm large amounts of any form of sodium cause long term heart problems. Without a healthy amount of potassium to balance it out, a high sodium diet can kill you. You've never heard of anyone being addicted to msg and suffering a heart failure before? I guess it's only in the chinese buffet land I call home.

 

[KarmaSutra]

MSG is just a salt and does nothing of the kind. It doesn't give people headaches either as double blind studies show.

Thanks for spreading the nonsense.

Apologies I didn't give my post to you to proofread and verify for scientific authenticity before I posted it.

Tell us all, Mr. Scientist, what can us dummies do except rely on what's force fed to us by you conspiracy kooks?

 

[d!ckmojo]

I don't understand why the Chinese are even buying US bonds in the first place. Do they really expect the US to pay that money back? The government is living on borrowed credit.

Suppose hyperinflation does happen as you suggest and the US goes belly up. Does China have a market for their cheap crap besides America? Who else would buy that garbage in quantities to sustain their economy?

Chinese keep buying US bonds because they peg their currency (the RMB) to the US$, so because of the huge trade deficit they have to recycle all that excess currency into dollar denominated assets.

The reason they do this is because like you say they need America because its the prime market for all their exports. But the problem is its unsustainable. Basically the quantitative easing programme by the Federal Reserve is in effect causing the Chinese to import rampant inflation, and sooner or later the problem will get out of hand. and they only way to cure it will be to de-peg the RMB from the US$.

When that happens, the only buyer of US Treasury bonds left will be the Federal Reserve, and at that point hyper-inflation of the US$ seems likely. No one is the winner, everyone suffers in this scenario. The Americans suffer because their currency isn't worth sh1t anymore, and the Chinese also suffer because they can't export all their crap to America anymore coz the Americans are too poor to afford it.

 

[Alle_Gory]

Apologies I didn't give my post to you to proofread and verify for scientific authenticity before I posted it.

Apology accepted?

Tell us all, Mr. Scientist, what can us dummies do except rely on what's force fed to us by you conspiracy kooks?

Do some quick fact checking. Wikipedia is at least as accurate as Britannica and Encarta.

 

[Darth]

This NWO conspiracy theory is nonsense. Nevertheless, I believe China is a huge threat to us right now:

1. Over 4 trillion dollars of our debt is to foreign countries, especially China, which is also producing most of the things we buy in America now. The U.S. hardly makes anything anymore. This happened very recently (and very quietly). When I was little, I remember everything..all the toys, the salt shakers, everything..was made in the USA. Now, it's all made in China. This is a security threat.

2. China is a communist nation. They don't like the USA. They're taking our money and investing it in their military. Their military is growing faster than their economy.

3. We've been stupid and we've been allowing Chinese immigration in record numbers. As a previous poster stated, they are invading us from within. They are not taught American civics. They are not taught about the principles of this country...they are not encouraged to assimilate. By the year 2040, if we don't do anything, the U.S. will be a "majority minority" thanks to all the Chinese and illegal Mexican immigrants.

I'm in college right now and I've heard them talking about this stuff. One
Asian professor in particular is excited. She can't wait until 2040, because then everybody can "redefine what America really is."

Incidentally, she sent her entire class links to the website "The Socialist Worker".


THAT is the threat of China....not these conspiracy theories.