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Check Out The Asian Markets Tonight... Lotsa RED !!!

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 10:50 PM
Original message
Check Out The Asian Markets Tonight... Lotsa RED !!!
Link: http://finance.yahoo.com/intlindices?e=asia

:shrug:

Disclaimer: I know nothing about the markets, LOL!

But this can't be a good sign.

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Seedersandleechers Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 10:54 PM
Response to Original message
1. Maybe China will tell us to pay up...(our debt)
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 11:09 PM
Response to Reply #1
2. Did You See This Yesterday ???
China may sell off Treasury bonds if US imposes trade sanctions

<snip>

LONDON (Thomson Financial) - The Chinese government has hinted that it may liquidate its vast holding of US Treasury bonds, potentially triggering a crash in the dollar, if Washington imposes trade sanctions to force a yuan revaluation, The Telegraph reported.

The paper said that two Chinese officials at leading Communist Party bodies have given interviews in recent days warning, for the first time, that China may use its 1.33 bln usd of foreign reserves as a political weapon to counter pressure from the US Congress.

<snip>

Link: http://www.forbes.com/afxnewslimited/feeds/afx/2007/08/08/afx3997945.html

:shrug:
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Seedersandleechers Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 11:29 PM
Response to Reply #2
3. Yes I did
I don't know a lot about the market but I do think if China has a downfall from the shit they're exporting they are going to go ballistic.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 11:37 PM
Response to Reply #3
4. Well they own us, so that will be amusing
and I mean the part where I wrote they own us
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