justin_o_guy2 wrote on 04/02/13 at 09:30:00:&, when the dollars that are "Out there" are no longer needed for international trade, the holders will eventually send them home. Thats gonna be double pain, as we will have inflation coupled with a decreasing demand for our dollars. As the value of those dollars starts to decline, major holders, like China, are gonna have a big decision to make, Dump their holdings & take the loss or try to prop up the value of the dollar to protect their investment,,My crystal ball doesnt see what they do, but I wouldnt be shocked to see them over here buying the last of the big manufacturers, Hoover Dam, Major utilities, etc, dropping plane loads of bills into our pool of currency, inflating our $$$ supply far beyond the demand for the dollar, & then we will see wheelbarrows of cash to buy a loaf of bread,
Yup, the chinese are going buy the hoover darn, then they are going to "move it to china" It will be their hoover dam.
Dude you can sit in a foreign country and buy any bloody thing in the US you like ... then they can be denied a visa to come to the US to look at their darn dam.
We really can milk them dry if they buy american real estate.
We can hit em with a "your grass is not mowed" ticket and charge them 1000 bucks fine. They cant come here to mow it, we deny them a visa, they will have to hire a local to mow it. That local knowing he's dealing with the chinese, will charge them $1000 bucks to "set up them" as a client. Then around the $999 mark, say that they cant accept their currency, they dont take checks form foreign country (can blame the nigerian check cashing scam) and say they have to remit the $ in person ...
I have been outside the US and tried to get a visa to get in, nope ... they dont care what you have to say why you need to get into the country.
Chinese or japanese or anyone buying american hard assets is a sure fire way to them losing their $$$.
And sorry I really see russia and china screwing everyone else over, and the whole "Brics" groups throwing bricks @ each other.
If they do manage to create an IMF clone, that would get the IMF to collapse, that cant be bad at all. My hope is India doesn't get shafted in the process.
Cool.
Srinath.