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Old 09-18-2008, 04:18 PM   #3
Zarathustra
Avalon Senior Member
 
Join Date: Sep 2008
Location: Eastern U.S.
Posts: 429
Default Re: China accuses US of financial WMD

Quote:
Originally Posted by Makani View Post
China is waking up to the fact that someone screwed the pooch and they're the pooch (at least one of the pack that got it in the back end). The US pulled the plug while China literally was on a bank holiday and they are now left scrambling to save themselves. Unfortunately, it was the Greenspan and the banksters who did this and with Congress's blessings as they failed to do any regulaton or oversee the Federal Reserve Bank.
M,

I believe China is sending a message here that their support of the dollar is nearing the end. People have no idea how dire the consequences of that will be.
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