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Originally posted by txinfidel
reply to post by marg6043
Yes we did.
That will be the new obama campaign or hillary clinton.
However China has underestimated the weakness in their own military. Those who are loyal to it are loyal to power and corruption.
Originally posted by StalkerSolent
It's really very clever. We let the Chinese stimulate our economy and lend us money.
Then, instead of paying up, we go to war with them, win, and blame it on them. Then they pay us more money.
Basically a win-win for the United States.
/sarcasm off
I think sometimes the Chinese economy is overrated. I also sometimes think the Chinese are trying to intentionally control crucial economic building blocks.
Or maybe they're just capitalists
You found your dream house around $200,000, $300,000, well good, how are you going to pay for it? Put down 30% down payment and finance the rest on a 30 year fixed loan? That's great, the Chinese dude from overseas just tossed the bank $300,000 cash. I'm talking about $300,000 in cash, bidding for the house against me.
Guess who the banks are going to sell the house to? The guy who's trying to work hard and try to pay off a huge loan or some rich guy who can just afford to pay off the entire house now?
Originally posted by MysterX
reply to post by truthseeker84
You found your dream house around $200,000, $300,000, well good, how are you going to pay for it? Put down 30% down payment and finance the rest on a 30 year fixed loan? That's great, the Chinese dude from overseas just tossed the bank $300,000 cash. I'm talking about $300,000 in cash, bidding for the house against me.
Guess who the banks are going to sell the house to? The guy who's trying to work hard and try to pay off a huge loan or some rich guy who can just afford to pay off the entire house now?
Honestly?
You.
You're the MUCH better investment from the bank's point of view.
$300,000 slapped on the cashiers counter earns the bank a small commission...$300,000 loan over 30 years earns the bank a HUGE profit in interest payments on the 30 year loan.
In fact, on a fixed current US interest rate of 4.50% for 30 year terms, the bank stands to make $405,000 PROFIT on the transaction with you in addition to the $300,000 capital amount.
More paid back in interest than the original loan amount totalled? You are by far the financially juiciest proposition.
Originally posted by MrSpad
Take everything your saying about China go back 20 years and say it about Japan. Both were at the same economic point and both will have the same correction. How quickly we forget our history. Japan buys up America
Originally posted by DocHolidaze
reply to post by OrionHunterX
# China is the number one gold producer in the world.
I was not aware you can produce gold (unless you spend more in energy than the gold is worth) do the chinese use a cheaper form of energy than the rest of the world?
Originally posted by penninja
And START Making babies, taking Family seriously and working instead of "rockin out"
Or "peoples war" is going to breed you out of existence....
Originally posted by betadaze
China's master plan seems to be working out quite nicely for them. Why would the Chinese be coming when they can use everybody else around them first? I remember the first article I ever read about the 9/11 attacks, it was on a website that basically stated that Islamic militants from China's far west had mastermind the attacks from across the Afghan border in China's Xinjiang province. I've never been able to find that article since the day of the attacks. Another article I read, but unable to find was about China supplying unlimited amounts of weapons and ammo to Afghan insurgents to kill US/British troops since the start of the Afghan invasion. I think things have worked out quite well for them so far, don't you?
Originally posted by Chargeit
Wasn't it the Japanese we were worried about owning us back in the 90's?