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roguedolphin

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roguedolphin

Re: markrhead post# 1821

Wednesday, 04/06/2005 2:54:07 PM

Wednesday, April 06, 2005 2:54:07 PM

Post# of 33753
China/resources........We keep on sending massive US dollars$$ to China to buy their products. We lose jobs in the process and get "wealthy" from credit expansion/asset inflation. What a joke!
Last I heard it won't be long till China has around 1 trillion dollars in US government bonds. Do you believe these bonds are really valuable to China??....they are just paper and are truly losing value to inflation. Can you imagine a US dollar devaluation in relation to the Chinese currency?
Will China try buying Chevron/Texaco or Exxon? That would be a real eye-opener to the average American "Dittohead"!!!

Rogue




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