The financial apocalpyse is upon us

We owe China about a trillion in paper. When the full implications of that are realized, or when the bill comes due (whichever comes first), there will be a real panic.

 

Only if and when China has incentive to cause a panic. For the near future, I'm not too worried.

 

Maybe someday they want to be a dick about it. It's not like it would be out of character.

Vanity Fair had the story a few years ago about them buying up our treasury notes, like the high-priced loan shark in the wifebeater. If that won't send a chill up your spine, then you're impervious to the potential bigtime severity of this.

 

Well, what exactly am I supposed to be scared of? China is a dick and calls in our debt.

I guess theoretically it could escalate to war, but that's really in neither side's best interests and I doubt it happens.

Realistically, it would just mean a major hit to the American economy, forcing the government and we the people to take a hit to our standard of living that's been a long time coming.

I understand the issue, but I'm just not all that unnerved.

 

If you're a U.S. poultry producer, someday is now.

 

Big, I defer to your knowledge. This isn't a typical parasite-host kind of relationship. Whatever it is, though, is getting harder to define and more disconcerting the more this goes on.

 

Who rigs every Oscar night? WE DO! WE DO!

 

In the 70s, "the Arabs" were buying the U.S.

In the 80s, the Japanese were buying the U.S.

Both scenarios were supposed to be the harbinger of doom. Were they buying treasuries? I don't remember, not something I paid attention to at the time.

But the entire China thing reminds me of these previous scenarios, for good or bad.

Maybe in the next 10 years or so the Soviets can get in on it. (I mean Russians. Old habits and all.)

 

Damn, that's funny. Especially how he turns around and looks at the camera at the end.

 

Well, it's a well known fact, Sonny Jim, that there's a secret society of the five wealthiest people in the world, known as The Pentavirate, who run everything in the world, including the newspapers, and meet tri-annually at a secret country mansion in Colorado, known as The Meadows. The Queen, the Vatican, the Gettys, the Rothschilds, and Colonel Sanders before he went tits up. Oh, I hated the Colonel with is wee BEADY eyes, and that smug look on his face. "Oh, you're gonna buy my chicken!" Ohhhhh!

 

I don't know which is sadder:
1) A dude who obviously knows his monitor could be on camera at any time brazenly looking at such images
2) That anyone could tell from the vague images captured on the video that they are of Miranda Kerr.