OT but must read!
Anthony
Widespread but only partial news coverage was given recently to a remarkable
editorial broadcast from Toronto by Gordon Sinclair, a Canadian television
commentator. What follows is the full text of his trenchant remarks as
printed in the Congressional Record:
"This Canadian thinks it is time to speak up for the Americans as the most
generous and possibly the least appreciated people on all the earth.
Germany, Japan and, to a lesser extent, Britain and Italy were lifted out of
the debris of war by the Americans who poured in billions of dollars and
forgave other billions in debts. None of these countries is today paying
even the interest on its remaining debts to the United States.
When France was in danger of collapsing in 1956, it was the Americans who
propped it up, and their reward was to be insulted and swindled on the
streets of Paris. I was there. I saw it.
When earthquakes hit distant cities, it is the United States that hurries in
to help. This spring, 59 American communities were flattened by tornadoes.
Nobody helped.
The Marshall Plan and the Truman Policy pumped billions of dollars into
discouraged countries. Now newspapers in those countries are writing about
the decadent, warmongering Americans.
I'd like to see just one of those countries that is gloating over the
erosion of the United States dollar build its own airplane. Does any other
country in the world have a plane to equal the Boeing Jumbo Jet, the
Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them? Why
do all the International lines except Russia fly American Planes?
Why does no other land on earth even consider putting a man or woman on the
moon? You talk about Japanese technocracy, and you get radios. You talk
about German technocracy, and you get automobiles. You talk about American
technocracy, and you find men on the moon - not once, but several times -
and safely home again.
You talk about scandals, and the Americans put theirs right in the store
window for everybody to look at. Even their draft-dodgers are not pursued
and hounded. They are here on our streets, and most of them, unless they are
breaking Canadian laws, are getting American dollars from ma and pa at home
to spend here.
When the railways of France, Germany and India were breaking down through
age, it was the Americans
who rebuilt them. When the Pennsylvania Railroad and the New York Central
went broke, nobody loaned them an old caboose. Both are still broke.
I can name you 5000 times when the Americans raced to the help of other
people in trouble. Can you name
me even one time when someone else raced to the Americans in trouble? I
don't think there was outside help even during the San Francisco earthquake.
Our neighbors have faced it alone, and I'm one Canadian who is damned tired
of hearing them get kicked around. They will come out of this thing with
their flag high. And when they do, they are entitled to thumb their nose at
the lands that are gloating over their present troubles. I hope Canada is
not one of those.
Stand proud, America!
Anthony
begin...
Michael Vondung
> This Canadian thinks it is time to speak up for the Americans as the most
> generous and possibly the least appreciated people on all the earth.
I shouldn't respond to trolls and obvious spammers, but you should ask
yourself if your self-esteem and ego are really so low that you have to
post something like that. Did it make you feel better? So one Canadian
thinks Americans are great. Eh, who cares? There are millions of Americans,
and plenty of them are quite all right. Just like there are plenty of
Canadians, Germans, British, French who are quite all right. Just as there
there are morons and dorks in every nation.
The reason why Americans tend to suffer from more resentment than some
other peoples is largely related to the attitude that the American
government (past and present) tends to display. Bluntly put, if an
administration acts like an unreasonable bully who makes it quite clear
that he feels he has the right to walk over everyone else in the schoolyard
because he has the biggest muscles, then all the other kids will not be
very fond of him. Nobody likes obnoxious bullies. And "make no mistake",
your Rumsfeld and Bush have made that very clear when they visited Europe,
even though that may not have been covered by the US media. Rumsfeld
especially acted like a prick, and it blacklashes.
So, in other words, I have never met anyone over here in Germany who
dislikes "the Americans", or who thinks poorly of them (okay, some of the
typical American behahviours are smiled at, but every culture has their
individual quirks) or has forgotten "all the good they did" (not the bad,
either). It's not a lack of gratitude if criticism is raised. Having been
helped in the past also doesn't mean that you have to approve of everything
your rescuer does in the future or should be branded as "ungrateful" if you
dare to disagree. Friendship isn't a never-ending circle of mutual debt.
America's problem right now is not that there are some morons among those
millions of people. America's problem is that you have a moron as a
president.
M.
PS. The text you posted is old. It surfaces every once in a while. If you
thought you found something new, well, you didn't.
mace
> On Wed, 7 Sep 2005 01:46:10 -0500, Anthony wrote:
>
> > This Canadian thinks it is time to speak up for the Americans as the most
> > generous and possibly the least appreciated people on all the earth.
>
> I shouldn't respond to trolls and obvious spammers, but you should ask
> yourself if your self-esteem and ego are really so low that you have to
> post something like that. Did it make you feel better? So one Canadian
> thinks Americans are great.
And that one Canadian is posting from Oklahoma...
mcv
I know I shouldn't respond to trolls, but there are two factual errors
I'd like to point out:
In comp.sys.ibm.pc.games.strategic Anthony <aeva...@cox.net> wrote:
>
> I'd like to see just one of those countries that is gloating over the
> erosion of the United States dollar build its own airplane. Does any other
> country in the world have a plane to equal the Boeing Jumbo Jet, the
> Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them? Why
> do all the International lines except Russia fly American Planes?
Never heard of Airbus? I think it's the primary competitor of Boeing,
and it's currently building a new passenger jet that's bigger than the
747. Their other planes are also used by many airlines all over the
world. I'm afraid I've never heard of the Lockheed Tri-Star, though.
I thought Lockheed made mostly military planes.
> I can name you 5000 times when the Americans raced to the help of other
> people in trouble. Can you name
> me even one time when someone else raced to the Americans in trouble? I
> don't think there was outside help even during the San Francisco earthquake.
America is quite able to deal with many disasters on their own. Katrina
is an exceptionally big one, ofcourse, and foreign aid is now coming in
from all over the world. Including from countries like Venezuela and
Cuba, in fact.
Also remember that France and Germany, two of the biggest critics of
american foreign policy, we also among the biggest contributors of
troops in Afghanistan. America gets plenty of help when it really
needs it.
mcv.
--
"Serenity is a very personal work with political resonance and a
heartfelt message about the human condition and stuff blowing up.
'Cause let's face it, nobody cares about that 'human condition'
stuff... in fact if you notice it, try to keep it to yourself."
-- Joss Whedon on his new film
Bogie, The Black and White Spam-Fighting (ex) Cat
news:21wTe.180702$E95.168289@fed1read01...
> America: The Good Neighbor.
>
> Widespread but only partial news coverage was given recently to a
> remarkable editorial broadcast from Toronto by Gordon Sinclair, a Canadian
> television commentator. What follows is the full text of his trenchant
> remarks as printed in the Congressional Record:
...
> Germany, Japan and, to a lesser extent, Britain and Italy were lifted out
> of the debris of war by the Americans who poured in billions of dollars
> and forgave other billions in debts. None of these countries is today
> paying even the interest on its remaining debts to the United States.
The UK has being repaying the US since 1950. The final payment to the US of
£244 million will be in 2006.
leadfoot
"mcv" <mcv...@xs4all.nl> wrote in message
news:431eab1d$0$11066$e4fe...@news.xs4all.nl...
>
> I know I shouldn't respond to trolls, but there are two factual errors
> I'd like to point out:
>
> In comp.sys.ibm.pc.games.strategic Anthony <aeva...@cox.net> wrote:
>>
>> I'd like to see just one of those countries that is gloating over the
>> erosion of the United States dollar build its own airplane. Does any
>> other
>> country in the world have a plane to equal the Boeing Jumbo Jet, the
>> Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them?
>> Why
>> do all the International lines except Russia fly American Planes?
>
> Never heard of Airbus? I think it's the primary competitor of Boeing,
> and it's currently building a new passenger jet that's bigger than the
> 747. Their other planes are also used by many airlines all over the
> world. I'm afraid I've never heard of the Lockheed Tri-Star, though.
> I thought Lockheed made mostly military planes.
Otherwise known as the L-1011
I think this a very old article
Jeffery S. Jones
wrote:
>America: The Good Neighbor.
>
>Widespread but only partial news coverage was given recently to a remarkable
>editorial broadcast from Toronto by Gordon Sinclair, a Canadian television
>commentator. What follows is the full text of his trenchant remarks as
>printed in the Congressional Record:
Recent, as in from 1973?
http://www.snopes.com/politics/quotes/sinclair.asp
--
*-__Jeffery Jones__________| *Starfire* |____________________-*
** Muskego WI Access Channel 14/25 <http://www.execpc.com/~jeffsj/mach7/>
*Starfire Design Studio* <http://www.starfiredesign.com/>
Dave
there?
"Jeffery S. Jones" <jef...@execpc.com> wrote in message
news:9ceth19r19ng58fmn...@4ax.com...
Conor
> The Marshall Plan and the Truman Policy pumped billions of dollars into
> discouraged countries. Now newspapers in those countries are writing about
> the decadent, warmongering Americans.
>
Something to do with the
> I'd like to see just one of those countries that is gloating over the
> erosion of the United States dollar build its own airplane. Does any other
> country in the world have a plane to equal the Boeing Jumbo Jet, the
> Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them?
YOU ARE FUCKING STUPID. THose are old antequated piles of shit.
http://www.airliners.net/info/stats.main?id=29
555 seat DOUBLE DECK airliner made by France, Germany, Spain, UK
Oh, and who had the only supersonic airliner? Oh that'd be France/UK.
>
> Why does no other land on earth even consider putting a man or woman on the
> moon? You talk about Japanese technocracy, and you get radios. You talk
> about German technocracy, and you get automobiles. You talk about American
> technocracy, and you find men on the moon - not once, but several times -
> and safely home again.
Wow...40 years ago. Done anything recently?
>
> You talk about scandals, and the Americans put theirs right in the store
> window for everybody to look at.
Do they fuck.
> When the railways of France, Germany and India were breaking down through
> age, it was the Americans
> who rebuilt them. When the Pennsylvania Railroad and the New York Central
> went broke, nobody loaned them an old caboose. Both are still broke.
>
> I can name you 5000 times when the Americans raced to the help of other
> people in trouble.
No, that's called "influencing a country". The USA never does anything
unless it suits their own agenda.
>
> Our neighbors have faced it alone, and I'm one Canadian who is damned tired
> of hearing them get kicked around.
You're also a pretty stupid one.
--
Conor
"You're not married, you haven't got a girlfriend and you've never seen
Star Trek? Good Lord!" - Patrick Stewart, Extras.
Xocyll
porn spammer to utter "The Augury is good, the signs say:
>Taken from a website by a candian. God bless you. and let the flames
>begin...
Er what? Candian? Is that a John Candy fan site or something?
Xocyll
--
I don't particularly want you to FOAD, myself. You'll be more of
a cautionary example if you'll FO And Get Chronically, Incurably,
Painfully, Progressively, Expensively, Debilitatingly Ill. So
FOAGCIPPEDI. -- Mike Andrews responding to an idiot in asr
Colin Wilson
>Widespread but only partial news coverage was given recently to a
>remarkable editorial broadcast from Toronto by Gordon Sinclair, a Canadian
>television commentator.
... in 1973
--
Colin
Nikonja
What about all the wars they started, what about all the inecent people
they killed, what about trying to control all world, what about all the
stupidity and ignorance in america, what about black, indian, chinese nad
other people in america. We see all the love in action in New Orleans! Try
to listen to one american i really admire Micheal Moore and see some movies
he made, and maby you'll change your mind !
Any what the f...k are we talking about this in newsgroop about nvidia
cards !!!!????!!!!
Thomas
> I know I shouldn't respond to trolls, but there are two factual errors
> I'd like to point out:
>>
>> erosion of the United States dollar build its own airplane. Does any
>> other country in the world have a plane to equal the Boeing Jumbo
>> Jet, the Lockheed Tri-Star, or the Douglas DC10? If so, why don't
>> they fly them? Why do all the International lines except Russia fly
>> American Planes?
Actually, Aeroflot uses Boeing 767's |:-)
> Never heard of Airbus? I think it's the primary competitor of Boeing,
> and it's currently building a new passenger jet that's bigger than the
> 747. Their other planes are also used by many airlines all over the
> world. I'm afraid I've never heard of the Lockheed Tri-Star, though.
> I thought Lockheed made mostly military planes.
>
>> I can name you 5000 times when the Americans raced to the help of
>> other people in trouble. Can you name
>> me even one time when someone else raced to the Americans in
>> trouble? I don't think there was outside help even during the San
>> Francisco earthquake.
>
> America is quite able to deal with many disasters on their own.
> Katrina
> is an exceptionally big one, ofcourse, and foreign aid is now coming
> in
> from all over the world. Including from countries like Venezuela and
> Cuba, in fact.
The funny thing is that America actually refused any help the first days
after Katrina...
--
Thomas
Gordon Scott
sickening that the USA brought in soldiers and not saviours.
David Alex Lamb
Yup. 1973 (second hit on Google "Gordon Sinclair"). Sinclair has been dead
for years.
--
"Yo' ideas need to be thinked befo' they are say'd" - Ian Lamb, age 3.5
http://www.cs.queensu.ca/~dalamb/ qucis->cs to reply (it's a long story...)
foamy
"Bogie, The Black and White Spam-Fighting \(ex\) Cat" <bo...@syme.org> wrote:
>The UK has being repaying the US since 1950. The final payment to the US of
>£244 million will be in 2006.
Good, then they can start paying back Canada for the WWII loans.
Jim
Anthony
wood work. Glad we got the ability to destroy 99% of u wtih a single button
sometimes....
McGrandpa
"Thomas" <tho...@lycos.nl> wrote in message
news:3o8ju7F...@individual.net...
we The People ain't particularly happy about that. Nor about our own
military NOT being given the order to mobilize help to La., Ms., and Al.
affected areas. We're wondering how many of the 10,000+ dead wouldn't be
if our elected officials hadn't had their thumbs up their butts.
McG.
Arthur Dent
all I get is this guff. Then there is the 30 seconds wasted responding.
"McGrandpa" <McGran...@NOThotmail.com> wrote in message
news:KwLTe.43404$Nx.1...@tornado.texas.rr.com...
peterk
We Canadians know that Gordon Sinclair died quite some time ago.
Wake up......man.......... and get to know the rest of the world.The good
ole USA is not the center of the Universe.
peterk
--
It's so much easier to suggest solutions when you don't know too much about
the problem
"Anthony" <aeva...@cox.net> wrote in message
news:21wTe.180702$E95.168289@fed1read01...
CCCP1
news:UXMTe.261320$on1.168043@clgrps13...
> The good ole USA is not the center of the Universe.
Well of course it is! Canada is above, Mexico is below, Asia is to the
left, and Europe to the right. That puts the US right in the center, don't
it?
David Johnston
>
>I know I shouldn't respond to trolls, but there are two factual errors
>I'd like to point out:
>
>In comp.sys.ibm.pc.games.strategic Anthony <aeva...@cox.net> wrote:
>>
>> I'd like to see just one of those countries that is gloating over the
>> erosion of the United States dollar build its own airplane. Does any other
>> country in the world have a plane to equal the Boeing Jumbo Jet, the
>> Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them? Why
>> do all the International lines except Russia fly American Planes?
>
>Never heard of Airbus? I think it's the primary competitor of Boeing,
>and it's currently building a new passenger jet that's bigger than the
>747.
If you actually read it, you'll note it was written during the Vietnam
War.
GTD
<badd...@xyzbtinternet.com> wrote:
>If New Orleans is the home of jazz,why the fuck is Katrina And The Waves
>there?
>
That was the best fookin' response in this email so far. ROFL
Bogie, The Black and White Spam-Fighting (ex) Cat
news:3qITe.426769$5V4.68781@pd7tw3no...
Done that - the only debts outstanding are too the US - everyone else has
been paid.
Shawk
"CCCP1" <nob...@nothanks.not> wrote in message
news:EeOdnZ2dnZ2W8_3NnZ2dn...@comcast.com...
On our maps the UK is in the centre... and has been since before the US was
discovered by all those foreigners....
;-)
Michael Vondung
Quod erat demonstrandum.
:)
Dodgy
<mvon...@gmail.com> waffled on about something:
Touche!
(BTW, I'm one of the foreign dicks, so I'm not making a reference to
your arse!)
D0d6y.
--
MUSHROOMS ARE THE OPIATE OF THE MOOSES
Anthony
jerks whining about america over and over again then when we do some good u
dont even care and wonder why most of the 250million people here hate you.
You know I would rather be nice to big brother casue big brothers have anger
problems and usually have biggest fists to take down the sibblings.
foamy
>, "Bogie, The Black and White Spam-Fighting \(ex\) Cat"
>> Good, then they can start paying back Canada for the WWII loans.
>>
>
>Done that - the only debts outstanding are too the US - everyone else has
>been paid.
Sorry, but not a penny has been paid.
Jim
Lemming
<mvon...@gmail.com> wrote:
>America's problem right now is not that there are some morons among those
>millions of people. America's problem is that you have a moron as a
>president.
http://www.assett.co.uk/images/sky12.jpg
Lemming
--
Curiosity *may* have killed Schrodinger's cat.
Lemming
<arthu...@magrathea.com> wrote:
>I wasted 10 seconds of my life waiting on OE d/l messages from the forum and
>all I get is this guff. Then there is the 30 seconds wasted responding.
Come and join us in csipgs-s - that is what we live for.
Lemming
wrote:
>when we do some good
Hey, that would be a good idea. Let me know when you start. I'll be
sure to applaud.
peterk
peterk
--
It's so much easier to suggest solutions when you don't know too much about
the problem
"Anthony" <aeva...@cox.net> wrote in message
news:qkZTe.204699$E95.157977@fed1read01...
mcv
But when you do something bad, you don't care. And insist on our support
because you did something good in the past.
> and wonder why most of the 250million people here hate you.
Now guess how many people are living outside the US.
> You know I would rather be nice to big brother casue big brothers have anger
> problems and usually have biggest fists to take down the sibblings.
Are you seriously threatening the entire rest of the world?
But seriously, you need help.
mcv.
--
"Serenity is a very personal work with political resonance and a
heartfelt message about the human condition and stuff blowing up.
'Cause let's face it, nobody cares about that 'human condition'
stuff... in fact if you notice it, try to keep it to yourself."
-- Joss Whedon on his new film
Gabriele Neukam
> If New Orleans is the home of jazz,why the fuck is Katrina And The Waves
> there?
Someone just *had* to mention it, did he?
Okay, here is a link to that group, which performes in the eighties,
not knowing what their name would mean one day.
http://www.katw.com/
And they were neither Punks nor a New Wave group. Just musicians.
Gabriele Neukam
--
Ah, Information. A property, too valuable these days, to give it away,
just so, at no cost.
Bogie, The Black and White Spam-Fighting (ex) Cat
Hmm, better take that up with the House of Commons - they don't think anyone
else is owed anything.
http://www.parliament.the-stationery-office.co.uk/pa/cm200102/cmhansrd/vo020228/text/20228w04.htm
Second World War debt
Under a 1945 Agreement the United States Government lent the United Kingdom
a total of $4,336 million (around ÿ1,075 million at 1945 exchange rates) in
war loans. These loans were taken out under two facilities: (i) a Line of
Credit of $3,750 million (around ÿ930 million at 1945 exchange rates); and
(ii) a Lend-Lease loan facility of $586 million (around ÿ145 million at 1945
exchange rates), which represented the settlement with the United States for
Lend-Lease and Reciprocal Aid and for the final settlement of the financial
claims of each government against the other arising out of the conduct of
the Second World War.
28 Feb 2002 : Column 1441W
Under the Agreement the loans would be repaid in 50 annual instalments
commencing in 1950. However the Agreement allowed deferral of annual
payments of both principal and interest if necessary because of prevailing
international exchange rate conditions and the level of the United Kingdom's
foreign currency and gold reserves. The United Kingdom has deferred payments
on six occasions. Repayment of the war loans to the United States Government
should therefore be completed on 31 December 2006, subject to the United
Kingdom not choosing to exercise its option to defer payment.
As at 31 March 2001 principal of $346,287,953 (ÿ243,573,154 at the exchange
rate on that day) was outstanding on the loans provided by the United States
Government in 1945. The Government intend to meet its obligations under the
1945 Agreement by repaying the United States Government in full the amounts
lend in 1945.
All World War II debts owed to the United Kingdom by other countries have
either been repaid or settlements have been agreed with the countries
concerned. Details are provided in the Finance Accounts of the United
Kingdom and their successor the Supplementary Statements to the Consolidated
Fund and National Loans Fund Accounts for the financial years 1945-46 to
1987-88 and the following Command Papers:
China CM 198;
Czechoslovakia Cmd 7798 and Cmnds 55, 56 and 2280;
France Cmnd 6988;
Netherlands Cmd 7358;
Poland Cmd 6864 and 7148 and Cmnd 1057;
Turkey Cmds 6165 and 9120; and
USSR Cmd 7297.
Lemming
wrote:
>http://nationalpunctuationday.com/
>
>peterk
http://en.wikipedia.org/wiki/Top-posting
Gerry Quinn
thiswil...@bumblbee.demon.co.uk says...
> On Fri, 09 Sep 2005 02:13:55 GMT, "peterk" <pet...@nomalarky.net>
> wrote:
>
> >http://nationalpunctuationday.com/
An oxymoronic website name if I ever saw one.
- Gerry Quinn
yourgodneighbor
>America: The Good Neighbor.
>
>Stand proud, America!
>
Quel crétin, ils se croient tout permis ces américains... Pour en venir à crossposter sur autant de
groupes à la fois il faut vraiment avoir perdu un boulon. Le meilleur c'est que je vais faire bref,
pour me démarquer de cet imbécile, et lui dire (à lui tout seul, pas la peine de répondre car il est
déjà plonké) que sa manière de faire est tout à fait incorrecte, que si il aime polluer il peut
aller fouiner dans la décharge de son quartier. à bon entendeur ......... salut.
PS. MERCI POUR LE CROSSPOST de tout le monde.
NoNoBadDog!
"Bogie, The Black and White Spam-Fighting (ex) Cat" <bo...@syme.org> wrote
in message news:dfmb1l$6sk$1$8302...@news.demon.co.uk...
>> America: The Good Neighbor.
>>
>> Widespread but only partial news coverage was given recently to a
>> remarkable editorial broadcast from Toronto by Gordon Sinclair, a
>> Canadian television commentator. What follows is the full text of his
>> trenchant remarks as printed in the Congressional Record:
>
>
>> Germany, Japan and, to a lesser extent, Britain and Italy were lifted out
>> of the debris of war by the Americans who poured in billions of dollars
>> and forgave other billions in debts. None of these countries is today
>> paying even the interest on its remaining debts to the United States.
>
> of £244 million will be in 2006.
>
>
Good...then they can start repayment on the hundreds of other loans we have
given them since WWII.
FWIW, they are paying the bill at the rate set in 1946...not in today's
dollars. With inflation and interest, the loan would now be in the billions.
Bobby
Quaestor
Is this RTS or TBS?
--
Godwin is a net-nazi
Learn about spam: http://www.seige-perilous.org/spam/spam.html
Gandalf Parker
news:127j3i0...@news.supernews.com:
Apparently he thinks this makes the US look good in the eyes of the
world. How very american of him.
Gandalf Parker
Andy H
"NoNoBadDog!" <Diesp...@notme.com> wrote in message
news:y_2dnYLqvKFJg-TZ...@hawaiiantel.net...
mcv
>>>
>>>Good...then they can start repayment on the hundreds of other loans we
>>>have
>>>given them since WWII.
>>>FWIW, they are paying the bill at the rate set in 1946...not in
>>>today's
>>
>>>dollars. With inflation and interest, the loan would now be in the
>>>billions.
>>
>> Is this RTS or TBS?
>
> Apparently he thinks this makes the US look good in the eyes of the
> world. How very american of him.
What I'd like to know is how the Americans are ever going to pay back
the loans with which China is trying to lift them out of the debris
of the Reagan and Bush jr. administrations.
mcv.
NoNoBadDog!
"Andy H" <anyw...@nowhere.baby.com> wrote in message
news:rPleg.4350$O7....@newsfe5-win.ntli.net...
Bobby
The DA
pigdos
--
Doug
"mcv" <mcv...@xs4all.nl> wrote in message
news:4479eb33$0$31638$e4fe...@news.xs4all.nl...
Canuck
"pigdos" <N...@nowhere.com> wrote in message
news:951fg.103009$dW3....@newssvr21.news.prodigy.com...
Walter Mitty
mcv
> Loans? From China? To the US? LOL.
Really. The more money China loans to the US, the more cheap goods the
US can buy from China, and the more the Chinese economy grows. It's a
short-sighted, unstable, yet mutually beneficial relationship. Ofcourse
this can't go on forever, and when it stops, the US economy and the dollar
will collapse and drag much of the rest of the world with it.
Ofcourse the collapse of the dollar will mean that much of the US debt
will evaporate, and foreign moneylenders don't want that. So the big
question is how long they will dare to lend money to the US. The more
they lend, the less the chance they'll get it back, but when they stop,
they'll lose much of the outstanding loans. And so far, it looks like
China cares the least about that risk. They probably hope their booming
economy will make up for it.
mcv.
Gerry Quinn
says...
In short, China and the US are looking after their own interests, and
Europe et al would so much prefer if they did what was better for
them...
- Gerry Quinn
Carl
given them since WWII.
I wonder if they will use some of the Brit money to pay towards reparations
they were supposed to give to Vietnam?
Conor
> re: Good...then they can start repayment on the hundreds of other loans we
> have
> given them since WWII.
>
And what about the US repaying the $750million per year it borrows from
the rest of the world that is to increase to over $1trillion this next
year?
--
Conor,
Grumpy Old Man.
Same shit, different day.
Conor
says...
> In article <fpSdnVZHCsD...@bt.com>, Carl says...
> > re: Good...then they can start repayment on the hundreds of other loans we
> > have
> > given them since WWII.
> >
> You mean the ones that have been repaid?
>
> And what about the US repaying the $750million per year it borrows from
> the rest of the world that is to increase to over $1trillion this next
> year?
>
Quaestor
>In article <fpSdnVZHCsD...@bt.com>, Carl says...
>
>
>>re: Good...then they can start repayment on the hundreds of other loans we
>>have
>>given them since WWII.
>>
>>
>>
>You mean the ones that have been repaid?
>
>And what about the US repaying the $750million per year it borrows from
>the rest of the world that is to increase to over $1trillion this next
>year?
>
Don't like it? Stop lending it.
Lemming
>Godwin is a net-nazi
I win.