China Hopes U.S. Keeps Deficit to Appropriate Size

China hopes that the United States will keep its deficit to an appropriate size to ensure basic stability in the U.S. dollar exchange rate, Chinese Premier Wen Jiabao said on Sunday.

[SNJ]

They could help USA by increasing their imports of American goods
in exchange for their incredible exports to the U.S.
Their interest in USD stability is inextricably intertwined with their vast investments in the U.S.- that way they have "plowed back" the enormous profits they have earned from their imports to the U.S.
A weakening of the dollar means reduced values of their investments
in the U.S.
China's economy - now the second biggest in the world make them worthy partners..........the problem is they are constantly improving their "product" whilst USA is fighting to just maintainp yesterday's quality.

[too droll to troll]

Has Wen talked to Pelosi, Reid and Obama recently?

[Card Carrying Zionist]

So it has come to this? Communists having to remind capitalists of the need to limit deficit spending?

[Ramafuchs]

China should keep aloof from this crowd and help Cuba.
China should avoid the tactical political dance like India

[SNJ]

Ramafuchs wrote:

China should keep aloof from this crowd and help Cuba.
China should avoid the tactical political dance like India

And why is that?

[SNJ]

Card Carrying Zionist wrote:

So it has come to this? Communists having to remind capitalists of the need to limit deficit spending?

Chances are that today Communism is just a shell for those at power
in China and a way to keep the masses down - to ensure their power
tomorrow too. Inside they are just as capitalistic as you and I.
Capitalism and Communism are both just techniques and political tools to ensure economic growth for those "at power".
Just as religions are in fact power tools. Think about it!

[Ramafuchs]

As an Indian I can explain the role of indian politics.
A country like India had more problems than any other country around the globe.
So the Non-alighnment slogan is dead.
Pro Gandhi is gone.
Problems are aplenty .
Still the social injustice is there.

Naturally to keep those bollywood dreamers in good mood the poltical bigwigs should dance according to the invisible God.

[Card Carrying Zionist]

SNJ wrote:

Chances are that today Communism is just a shell for those at power in China and a way to keep the masses down - to ensure their power tomorrow too. Inside they are just as capitalistic as you and I. Capitalism and Communism are both just techniques and political tools to ensure economic growth for those "at power". Just as religions are in fact power tools. Think about it!

A lo of things can be used as tools for power. What's your point?

[SNJ]

Card Carrying Zionist wrote:

<quoted text>
A lo of things can be used as tools for power. What's your point?

That some religions and some "isms" are covers for greed.

[Peter]

Well, I hope China doesn't hold its breath.

Cause itll suffocate if it thinks our government will actually stop using bonds as a form of currency, a low circulation one that doens't have a high effect on prices, so they can continue to finance their massive spending.

Eventually, when bondholders realize the government can't and won't pay back these bonds, there will be a run on the bonds. So all that inflation pent up will burst forth like water loosed from a damn. The effects will be devastating.

Thats what you get from a massive government with a huge empire.

[Ramafuchs]

China
Should take all the investments and invest in homeland so that all get some decent dinner.
China should not follow the indian way of life.

[the examiner]

Peter wrote:

Well, I hope China doesn't hold its breath.
Cause itll suffocate if it thinks our government will actually stop using bonds as a form of currency, a low circulation one that doens't have a high effect on prices, so they can continue to finance their massive spending.
Eventually, when bondholders realize the government can't and won't pay back these bonds, there will be a run on the bonds. So all that inflation pent up will burst forth like water loosed from a damn. The effects will be devastating.
Thats what you get from a massive government with a huge empire.

The govt will pay back by issuing more bonds I guess.

[superdelegate]

Card Carrying Zionist wrote:

So it has come to this? Communists having to remind capitalists of the need to limit deficit spending?

lol

[Zsari]

Ramafuchs wrote:

China
Should take all the investments and invest in homeland so that all get some decent dinner.
China should not follow the indian way of life.

Economy 101, foreign reserve cannot be used domestically.

[Peter]

THe examiner,

Well, thats exactly what they are doing.

Its like a dog chasing its tail.

Except in this case, the tail is getting shorter and the dogs snout is getting smaller.

[SNJ]

Peter wrote:

Well, I hope China doesn't hold its breath.
Cause itll suffocate if it thinks our government will actually stop using bonds as a form of currency, a low circulation one that doens't have a high effect on prices, so they can continue to finance their massive spending.
Eventually, when bondholders realize the government can't and won't pay back these bonds, there will be a run on the bonds. So all that inflation pent up will burst forth like water loosed from a damn. The effects will be devastating.
Thats what you get from a massive government with a huge empire.

Amen.
"In God We Trust" - or as the Germans said back in the "roaring fourties": "Gott Mit Uns"....
Perhaps we could also say: "After us the deluge"...(?)
On the other hand don't forget the cat always lands on it's feet.

[SNJ]

Ramafuchs wrote:

China
Should take all the investments and invest in homeland so that all get some decent dinner.
China should not follow the indian way of life.

You mean the the native American's life?
I can understand you - but not their fault.

[Ramafuchs]

I am least qualified to educate the only super power under OBAMA.
My advice to china was keep aloof from this noble club and be not a replica of India.

[Cheerokee]

Ramafuchs wrote:

I am least qualified to educate the only super power under OBAMA.
My advice to china was keep aloof from this noble club and be not a replica of India.

"RATaFUKS"...What the hell are you doing in here ?Go out kil yourself a cow and eat it raw!

[Cheerokee]

Ramafuchs wrote:

I am least qualified to educate the only super power under OBAMA.
My advice to china was keep aloof from this noble club and be not a replica of India.

"RATaFUKS"..it seems that you not very popular at this forum,looks like nobody wants you at theitr forums. I wonder why?lol,lol,lol,you stupid Communist rat!

"RATaFUKS"...you are insane,just go out and kill a cow and eat it raw!
"RATaFUKS"...You are just a bullshiter