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Forum Post: How The Chinese Will Establish A New Financial Order

Posted 2 years ago on Feb. 29, 2012, 10:03 a.m. EST by humanityrules (14)
This content is user submitted and not an official statement

http://www.dailywealth.com/1994/How-the-Chinese-Will-Establish-a-New-Financial-Order

How The Chinese Will Establish A New Financial Order

By Porter Stansberry

Wednesday, February 22, 2012

For many years now, it’s been clear that China would soon be pulling the strings in the U.S. financial system.

After all, the American people now owe the Chinese government nearly $1.5 trillion.

I know big numbers don’t mean much to most people, but keep in mind… this tab is now hundreds of billions of dollars more than what the U.S. government collects in ALL income taxes (both corporate and individual) each year. It’s basically a sum we can never, ever hope to repay – at least, not by normal means.

Of course, the Chinese aren’t stupid. They realize we are both trapped. We are stuck with an enormous debt we can never realistically repay… And the Chinese are trapped with an outstanding loan they can neither get rid of, nor hope to collect. So the Chinese government is now taking a secret and somewhat radical approach.

China has recently put into place a covert plan to get back as much of its money as possible – by extracting colossal sums from both the United States government and ordinary citizens, like you and me.

More on site…

7 Comments

7 Comments


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[-] 1 points by RedSkyMorning (220) 2 years ago

Not likely. The Chinese are still a third world country with millions living in poverty and a command economy that's very inflexible.

[-] 1 points by StansberryResearch (1) from Baltimore, MD 2 years ago

If you have any questions about Stansberry and Associates, please do not hesitate to call customer service at 1-888-261-2693. We would be happy to assist you. We are open Monday – Friday 9-5 EST.

[-] 1 points by FreedomReigns (72) 2 years ago

If we don't get things fixed now, we'll end up slaves to China one way or the other.

[-] 1 points by PeaceNow (84) 2 years ago

May be too late. From what I understand, China is already making the blueprints for massive self-contained cities within the US.

[-] 1 points by arturo (3169) from Shanghai, Shanghai 2 years ago

Are you saying Chinese cities in the US? Well, there is a lot of empty space here, if you have ever flown over the US, you would notice that there are vast areas of empty space.

I don't think the Chinese want to be our enemies. I think they just want to do business, to have us as their customer, and also to be our customer. There is a lot of high tech stuff they want to buy from us, that our government will not allow us to sell. We could get a lot closer to balancing our trade deficit.

[-] 1 points by freewriterguy (882) 2 years ago

like any other investment, the chinese are at risk of losing their investment. Or they can just tack on an extra dollar for every item they sell to us in a repayment plan. Next on the agenda.

[-] 1 points by sunflower11 (1) 2 years ago

What is your opinion on earth? Should China be blamed for lending American government such colossal sums? American people's suffering was caused by Chinese, instead of by 1% Wall Street cheats?