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SNL: China debt


               
2009 Nov 22, 2:45am   5,189 views  27 comments

by Vicente   follow (1)  

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2   mnsweeps   @   2009 Nov 22, 12:14pm  

lol !!

3   Â¥   @   2009 Nov 22, 1:33pm  

This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

4   The Original Bankster   @   2009 Nov 22, 1:57pm  

Troy says

This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

have a look at this interview http://video.google.com/videoplay?docid=5064665078176641728#

5   4X   @   2009 Nov 22, 2:30pm  

Bankstere Originale says

Troy says


This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

have a look at this interview http://video.google.com/videoplay?docid=5064665078176641728#

This was a deep conversation right around the 6:00 minute mark.

6   4X   @   2009 Nov 22, 2:31pm  

Geez....around the 10 minute mark he went on to say that we are destabilizing our society and creating a servant society in which the people serve the industries.

Thanks for sharing, this has been my point on these threads all along.

7   4X   @   2009 Nov 22, 2:34pm  

It is now apparent the Clinton, Bush administrations were jokes....still waiting to see if Obama is going to bring the change he spoke of or if he was only referring to pennies on the dollar.

8   4X   @   2009 Nov 22, 2:35pm  

At the 15:00 minute mark Clintons flunky spoke about the benefits of cheaper products, however, I always say what is the value of cheap products if you dont have a job.

9   EBGuy   @   2009 Nov 22, 2:49pm  

Hee, hee... its funny because its true.

10   4X   @   2009 Nov 22, 2:58pm  

35:00 minute mark he discusses our excessive desires to reduce costs will create 2 billion refugees in developed countries.

This from a guy worth 5 billion dollars...it was not in his best interest to speak against WTO/GATT/NAFTA because he openly admitted this benefitted the rich.

"The poor people in rich countries willl finance the rich people in poor countries."

11   The Original Bankster   @   2009 Nov 22, 4:19pm  

4X says

35:00 minute mark he discusses our excessive desires to reduce costs will create 2 billion refugees in developed countries.
This from a guy worth 5 billion dollars…it was not in his best interest to speak against WTO/GATT/NAFTA because he openly admitted this benefitted the rich.
“The poor people in rich countries willl finance the rich people in poor countries.”

I think hes acting out of a complex family situation. Note that he is half French half British. GATT et al. affected France and UK in very different ways. But yes, the interview is great.

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