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Originally posted by Lionhearte
reply to post by SneakySleuth911
No, it isn't "fear mongering", it's fact. You ever notice why EVERYTHING has "Made in China" on it?
Because paying a couple of Chinese workers a few measly bucks a week is a lot more efficient than paying American workers minimum wage.edit on 4-6-2011 by Lionhearte because: (no reason given)
Originally posted by eldard
Your pride for your country is commendable. But futile. And yes, there is a giant conspiracy. Example, GC spent 3.5 bazillion dolyares to build a fiber optic network to India. Only to sell said network to the Indians for a fire sale discount of 96% off. Care to guess the purpose of said network?
At the Federal Reserve Bank of New York, Brian Sack and his NYU interns have bought so many Treasury securities that the Fed now owns more U.S. debt than anyone else in the world, including China. China currently holds $896B. Japan owns $877B. And the Fed comes in at $1.108 TRILLION, and no sign of letting up.