what happens, when the Chinese find out, that the US government bonds they own, are just worthless pieces of paper??
2007-08-19 13:02:46 · 6 answers · asked by Anonymous in News & Events ➔ Current Events
I think the Chinese will
a) cause US currency to crash and burn
b) resell goods ordered by the US to other countries
c) declare war and drop surrender instructions in Mandarin over our cities
2007-08-19 14:06:49 · answer #1 · answered by nora22000 7 · 0⤊ 0⤋
Why all this noise about the Chinese? The Japanese are still our largest creditor, and both of them put together couldn't sink the USD. Tarriff wars ruin both sides, and that's been well-known since the 1930s. Fire sales of US Treasuries are just a buy opportunity for the rest of the world.
Don't worry about the US economy!
2007-08-19 22:12:44 · answer #2 · answered by Anonymous · 1⤊ 0⤋
The Chinese are not trying to get rich off our worthless money. they are trying to destroy us with our economy. They just threatened to cash out about 1 trillion dollars if we impose tariffs. If this happens it will weaken the U.S dollar dramatically and cause a huge depression in America.
2007-08-19 21:34:51 · answer #3 · answered by Stephen 2 · 0⤊ 0⤋
What happens when we find out that everything the Chinese send to us is faulty?
Oooopppps, we already are.
2007-08-19 20:10:25 · answer #4 · answered by Anonymous · 3⤊ 1⤋
then we all screw our heads into o Chinese made lightsocket, and hope it is defective.
2007-08-19 21:33:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Did you accidentally screw your head in to a light bulb socket?
2007-08-19 20:45:50 · answer #6 · answered by mark623112 4 · 1⤊ 2⤋