Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Site Notices
Arrow Left Previous Page
Page / 2
Posted: 12/22/2014 5:29:54 PM EDT






China and Russia are both trying to decrease dependence on the U.S. dollar in international trading. In October, the countries agreed on a $24 billion currency swap to strengthen the ruble and make trading easier between the two partners.





 
Link Posted: 12/22/2014 5:36:55 PM EDT
[#1]
I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.
Link Posted: 12/22/2014 7:02:56 PM EDT
[#2]
Good   when they both collapse . our dollar will be  worth more
Link Posted: 12/22/2014 7:08:25 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.
View Quote


That's not what this is about
Link Posted: 12/22/2014 7:09:48 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


That's not what this is about
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.


That's not what this is about


Why don't you edumicate us then?
Link Posted: 12/22/2014 7:11:27 PM EDT
[#5]
zero and the demoncraps are so fucking happy about this.
Link Posted: 12/22/2014 7:18:06 PM EDT
[#6]
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.
Link Posted: 12/22/2014 7:19:22 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
zero and the demoncraps are so fucking happy about this.
View Quote


Why do you say this?  Don't say "because they want the US to fail".
Link Posted: 12/22/2014 7:20:16 PM EDT
[#8]
Cool.  Maybe we can help wean the Chinese off of food?
Link Posted: 12/22/2014 7:26:40 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Why do you say this?  Don't say "because they want the US to fail".
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
zero and the demoncraps are so fucking happy about this.


Why do you say this?  Don't say "because they want the US to fail".


Obama and the Dem's have systematically worked to reduce the world influence of the USA.  With all his over reaching faults, Bush at least projected power.  There was no rogue nation that had any doubt they were a target if they went too far.
Link Posted: 12/22/2014 7:27:41 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Cool.  Maybe we can help wean the Chinese off of food?
View Quote


China may be daring us to do something.  I think we'd flinch first.  They've got us by the nads.
Link Posted: 12/22/2014 7:33:54 PM EDT
[#11]
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.
Link Posted: 12/22/2014 7:47:28 PM EDT
[#12]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.
View Quote




With over 1.5 Billion people....



It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.
 
Link Posted: 12/22/2014 7:54:52 PM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.
View Quote


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.
Link Posted: 12/22/2014 8:00:43 PM EDT
[#14]
Link Posted: 12/22/2014 8:01:20 PM EDT
[#15]
Not at all surprising.  The US has been pushing the two giants closer together.
Link Posted: 12/22/2014 8:02:40 PM EDT
[#16]
havent the chinese been giving us shit loads of money? China just lends everyone money..


You get money and you get money and you get money.
Link Posted: 12/22/2014 8:02:57 PM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


China may be daring us to do something.  I think we'd flinch first.  They've got us by the nads.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Cool.  Maybe we can help wean the Chinese off of food?


China may be daring us to do something.  I think we'd flinch first.  They've got us by the nads.

Thanks for the info. Here I thought we had them by the nads, since they can't support their population without our food. Glad to learn I was wrong on that and they are actually supporting us with their food.
Link Posted: 12/22/2014 8:03:39 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Not at all surprising.  The US has been pushing the two giants closer together.
View Quote

You mean starving cannibals?
Link Posted: 12/22/2014 8:03:43 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Why do you say this?  Don't say "because they want the US to fail".
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
zero and the demoncraps are so fucking happy about this.


Why do you say this?  Don't say "because they want the US to fail".



You answered your own question.
Link Posted: 12/22/2014 8:03:56 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.
Link Posted: 12/22/2014 8:05:52 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Why don't you edumicate us then?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.


That's not what this is about


Why don't you edumicate us then?


Did you read the article?
Link Posted: 12/22/2014 8:09:06 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.



 
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.



 

13'ers don't stop...
Link Posted: 12/22/2014 8:14:05 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.  
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.  
Get your Brown Coats ready.

Link Posted: 12/22/2014 8:19:42 PM EDT
[#24]

Discussion ForumsJump to Quoted PostQuote History
Quoted:
With over 1.5 Billion people....



It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.
 
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Quoted:

would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.




With over 1.5 Billion people....



It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.
 
Nope.

 
Teach your kids to   make FOOD.
Link Posted: 12/22/2014 8:22:18 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Nope.    Teach your kids to   make FOOD.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.



 
Nope.    Teach your kids to   make FOOD.

Rage, rage against the dying of the light!
Link Posted: 12/22/2014 8:39:24 PM EDT
[#26]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.
View Quote


Please you think they don't print money too?



Here the hard cold truth, almost every government print their own money without any backing.



It is not governments who decides which currency is going to be the world reserve. It the trader/merchants that have the power. China is all BS because their own currency is peg to the US.  



 
Link Posted: 12/22/2014 8:40:34 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Get your Brown Coats ready.

View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.  
Get your Brown Coats ready.




Brown coats?
Link Posted: 12/22/2014 8:41:35 PM EDT
[#28]
Link Posted: 12/22/2014 8:42:07 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Not at all surprising.  The US has been pushing the two giants closer together.
View Quote

Very true.....And it's to our detriment.
Link Posted: 12/22/2014 8:42:42 PM EDT
[#30]
Link Posted: 12/22/2014 8:43:40 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Very true.....And it's to our detriment.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Not at all surprising.  The US has been pushing the two giants closer together.

Very true.....And it's to our detriment.

Were we friends before or something?
Link Posted: 12/22/2014 8:47:05 PM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Good   when they both collapse . our dollar will be  worth more
View Quote


Some of you guys have to much confidence in our own system. We are on the same path that both of them are on.
Link Posted: 12/22/2014 8:48:41 PM EDT
[#33]


If a 10% tariff was imposed against Chinese imports
to the USA, China's economy would be devastated in
less than 3mos.

Include, Canada and the EU imposing the same, and
China's economy would collapse...



China's biggest problem is 1/2 the marriage age male
population not having domestic females to mate.




Link Posted: 12/22/2014 8:48:48 PM EDT
[#34]
Good luck with that.  
Link Posted: 12/22/2014 8:52:06 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Some of you guys have to much confidence in our own system. We are on the same path that both of them are on.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Good   when they both collapse . our dollar will be  worth more


Some of you guys have to much confidence in our own system. We are on the same path that both of them are on.

NUUUUUPE

They are fundamentally weak on many levels where we are fundamentally strong. This is a fact of the basic geography.
Link Posted: 12/22/2014 8:53:56 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


If a 10% tariff was imposed against Chinese imports
to the USA, China's economy would be devastated in
less than 3mos.

Include, Canada and the EU imposing the same, and
China's economy would collapse...



China's biggest problem is 1/2 the marriage age male
population not having domestic females to mate.




View Quote

China's biggest problem is not having the rainfall on arable land to grow food and produce rivers for transport which would run to many ports. When you can't feed your population without food from your enemies, you have to play nice.
Link Posted: 12/22/2014 8:58:57 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Good luck with that.  
View Quote

Came to post this.
Link Posted: 12/22/2014 9:18:44 PM EDT
[#38]
This has been going on for years....they are forming their own international banking system as well.  

http://www.cnbc.com/id/100596232

I just did a quick google search for this link to show what I was talking about.
Link Posted: 12/22/2014 10:54:04 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I don't blame them.  Our propensity to print more money and spend almost twice what we should is not good for anyone.
View Quote


Yep the Ruble is a safe bet here....
Link Posted: 12/22/2014 11:27:16 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.


Oh for fucks sake.  

Prior to Putin's land grab attempts we were on decent terms with Russia.  

Now we won't even look at one another.

China sees a partner in which we have zero influence.  A partner that would have no qualms with rebuilding a nuclear arsenal and starting another cold war.
Link Posted: 12/22/2014 11:30:19 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Oh for fucks sake.  

Prior to Putin's land grab attempts we were on decent terms with Russia.  

Now we won't even look at one another.

China sees a partner in which we have zero influence.  A partner that would have no qualms with rebuilding a nuclear arsenal and starting another cold war.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.


Oh for fucks sake.  

Prior to Putin's land grab attempts we were on decent terms with Russia.  

Now we won't even look at one another.

China sees a partner in which we have zero influence.  A partner that would have no qualms with rebuilding a nuclear arsenal and starting another cold war.



No we weren't.
Link Posted: 12/22/2014 11:34:01 PM EDT
[#42]
Quoted:
http://finance.yahoo.com/news/china-s-got-russia-s-back-162022063.html

China and Russia are both trying to decrease dependence on the U.S. dollar in international trading. In October, the countries agreed on a $24 billion currency swap to strengthen the ruble and make trading easier between the two partners.

 
View Quote



The kicker... China's economy is also collapsing.   That's why oil prices are so low!
Link Posted: 12/22/2014 11:37:54 PM EDT
[#43]
Lol @ the "ZOMG China will own us all" people
Link Posted: 12/22/2014 11:41:18 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



No we weren't.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.


Oh for fucks sake.  

Prior to Putin's land grab attempts we were on decent terms with Russia.  

Now we won't even look at one another.

China sees a partner in which we have zero influence.  A partner that would have no qualms with rebuilding a nuclear arsenal and starting another cold war.



No we weren't.


Excellent response.  Full of information.

Prior to the Georgian intervention, it wasn't roses, but it certainly wasn't as bad as it is now.

Got nothing to do with US bullying.
Link Posted: 12/22/2014 11:44:35 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Excellent response.  Full of information.

Prior to the Georgian intervention, it wasn't roses, but it certainly wasn't as bad as it is now.

Got nothing to do with US bullying.
View Quote

Oh, the US is a bully now. Damn, you're full of it.

Poor Russia, they're so marginalized and alone.

You sound like a piece right off RT.
Link Posted: 12/22/2014 11:45:32 PM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



No we weren't.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:
Considering how bad the ruble is, 24billion in currency isn't much.

This is China moving in to fill the friendship void left by the US.  

A Chinese power grab.


hahah, the "friendship void" between the US and Russia. . . .

Read that out loud and try not to laugh.

And the way it's written, "left by the US."

As if the US is at fault for being a perpetual bully to neighboring countries and forced Putin to be a corrupt asshole.


Oh for fucks sake.  

Prior to Putin's land grab attempts we were on decent terms with Russia.  

Now we won't even look at one another.

China sees a partner in which we have zero influence.  A partner that would have no qualms with rebuilding a nuclear arsenal and starting another cold war.



No we weren't.

^^^^^^^This.
Link Posted: 12/23/2014 12:07:52 AM EDT
[#47]
How is everything the US does a mistake, while everything China and Russia do is ingeniously outsmarting the world?

Russian Currency is and always will be trash.  Chinese currency is garbage unless they take steps to make it useful. Pegging it to the dollar isn't one of those steps.
Link Posted: 12/23/2014 8:48:25 AM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Oh, the US is a bully now. Damn, you're full of it.

Poor Russia, they're so marginalized and alone.

You sound like a piece right off RT.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

Excellent response.  Full of information.

Prior to the Georgian intervention, it wasn't roses, but it certainly wasn't as bad as it is now.

Got nothing to do with US bullying.

Oh, the US is a bully now. Damn, you're full of it.

Poor Russia, they're so marginalized and alone.

You sound like a piece right off RT.


What the fuck are you blabbering about?  Either you don't understand the English language well or you're mildly retarded.  

How in the hell could you infer that what I said equates to "the US is bullying Russia"?  Nothing could be further from the truth.

Putin makes a series of power/land grabs and we, rightfully, castigate him for it.
Link Posted: 12/23/2014 11:51:43 AM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Brown coats?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
would be pretty funny if the country that counterfeits EVERYTHING ends up being the world currency.


With over 1.5 Billion people....

It's going to happen eventually. The best thing you can do for your kids is teach them Chinese.  
Get your Brown Coats ready.




Brown coats?


Firefly reference.


Link Posted: 12/23/2014 11:59:45 AM EDT
[#50]
So China sends us buttloads of cheap stuff, and we send back boatloads of worthless paper.

USA for the win.
Arrow Left Previous Page
Page / 2
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top