Surprise! China is beginning to place conditions on bailing out over-extended western countries.
Some call this blackmail. I call it “what the fuck did you expect? These people have ‘population control’ and gulags, for Chrissakes!”
Frankly, I like mine better.
“Rawr.” -the Dragon
Doesn’t blackmail usually involve demanding money? And threatening to reveal embarrassing secrets? I’m pretty sure China is the one offering money in this scenario, and Europe’s embarrassing secret (they’re broke!) isn’t really very secret at all.
Well, it’s not like China is only influencing the EU
I’m pretty sure China is the one offering money in this scenario, and Europe’s embarrassing secret (they’re broke!) isn’t really very secret at all.
It’s not just Europe’s secret, my decapod cephalopod friend – they are threatening to dump US paper too.
I call it “Him that pays the piper calls the tune.”
Mr Goldstein, you are just obviously not sophisticated enough an economist to comment on this. We have a Nobel Prize winning economist telling us that we need to keep borrowing and spending and borrowing and spending, and it will always be good for us. Now, why shouldn’t I trust a Nobel Prize winner and New York Times columnist like Paul Krugman more than you on this? :)
Now, why shouldn’t I trust a Nobel Prize winner and New York Times columnist like Paul Krugman more than you on this? :)
Because Niall says he’s full of it?
It’s not just Europe’s secret, my decapod cephalopod friend – they are threatening to dump US paper too.
Hush, you!
The American economy is fine! We have lots of revenue to service our debt! Pay no attention to the rabble rouser in tartan!
Another QE or three, Squid, and it won’t matter how much we owe.
As somebody once noted, pleasing your enemies does not turn them into friends.
Because Niall says [Krugman’s] full of it?
Ferguson’s an apologist for Imperialism!. And he left his wife so’s he could keep shaggin’ that apostate hate mongering phony refugee /llegal immigrant woman. And his column is only in Time.
Whereas the right-thinking Paul Krugman’s is in THE New York Times, and has a Nobel Prize.
Really sir, have you no shame?
Another QE or three, Squid, and it won’t matter how much we owe.
That’s the beauty of it! All we gotta do is print up a special run of $100,000,000,000 bills at the Mint, and PRESTO! Debts all paid off, ahead of schedule, in cash.
Win-win! Everyone’s happy! What could possibly go wrong? Really, the only thing to worry about is what design to put on the new $100,000,000,000 bills.
The Taiwan elections are also part of the equation and our administration is trying to influence the outcome.
If Obama really cared, he’d have the Mint print up one of those $100,000,000,000 bills for each poor person in the US. Poverty is eliminated instantly! Millions of potential new owners for the Dodgers! What could go wrong?
Another QE or three, Squid, and it won’t matter how much we owe.
Oh, I think we’re already there. Our unfunded liabilities plus unpaid debt and all that runs into the $200 trillion range.
Might as well be infinity.
Really sir, have you no shame?
Not since that polyester leisure suit, no sir.
So, the Europeons are now having to resort to foreign imports in order to reach their desired levels of totalitarianism?
Double secret socialist fail.
Why do you think Obama nixed Taiwan getting more advanced F-16 C/Ds? Hell, Taiwan was willing to actually pay for them.
Instead Taiwan will get a lesser package and the ChiComs may still throw a fit. http://www.washingtontimes.com/news/2011/sep/15/obama-rules-out-new-f-16s-for-taiwan/
Man, I wish JHo and happy could ignore Darleen as effectively as Joe seems to…
Sorry Darleen, it helps to actually read the posts before! My bad.
China?
That’s what my mother used to call my sister thingie when we were about three and four years old. Back before we had a TV.
Oh. Wait.
That was a “Jina”.
Sorry. My bad!
Ben to the rescue.