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 Message Boards » » China downgrades U.S. credit rating Page [1]  
EMCE
balls deep
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http://www.cnn.com/2011/BUSINESS/08/02/china.us.rating/index.html?hpt=hp_t2


Obama grimaces from the back

8/3/2011 7:19:53 AM

Pikey
All American
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8/3/2011 7:34:38 AM

sumfoo1
soup du hier
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ok... time to kill the commies ... amirite?

8/3/2011 8:14:15 AM

qntmfred
retired
40598 Posts
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sticks and stones may break my bones, but names will never hurt me

8/3/2011 8:15:00 AM

BridgetSPK
#1 Sir Purr Fan
31378 Posts
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Bite me, China.

8/3/2011 8:16:06 AM

sumfoo1
soup du hier
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Free credit report . com needs to make a commercial about this...

8/3/2011 8:16:30 AM

McDanger
All American
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(1) Many of these agencies are blatantly ideological
(2) S&P downgraded Japan's credit rating in 2002 and literally nobody gave a fuck

8/3/2011 8:18:01 AM

jbtilley
All American
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8/3/2011 8:18:12 AM

BigMan157
no u
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literally nobody

8/3/2011 8:19:33 AM

McDanger
All American
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not a single fucking person do not lie

8/3/2011 8:20:46 AM

aph319
All American
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and not a fuck was given

8/3/2011 8:22:16 AM

BigMan157
no u
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ever since that commercial came out i've been 100% convinced that's rob corddry in that hockey mask

8/3/2011 8:30:12 AM

EMCE
balls deep
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This is just revenge for that Team America movie

8/3/2011 8:34:28 AM

aph319
All American
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The fact that neither of them are funny is a dead giveaway.

8/3/2011 8:35:27 AM

LeonIsPro
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8/3/2011 10:33:30 AM

BlackJesus
Suspended
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8/3/2011 10:37:56 AM

nastoute
All American
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probably still an inflated estimate

8/3/2011 11:56:34 AM

merbig
Suspended
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A second rate rating by a second world country. No fucks will be given.

8/3/2011 12:48:56 PM

d357r0y3r
Jimmies: Unrustled
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China is retarded for waiting this long to do it. Why in the world would they continue buying U.S. bonds, and why would they continue allowing the RMB/USD currency peg to persist? They're fucking over their own people with these draconian policies.

You'd have to be an absolute lunatic (or an idiot) to believe that the U.S. is good for its debt. We'll either repudiate our debt, or we'll devalue our currency to pay our debt, but we will not enter an age of true austerity to legitimately pay off the debt. Americans don't have the stomach to suffer through decades of high taxes and reduced government services.

8/3/2011 12:56:13 PM

McDanger
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Quote :
"You'd have to be an absolute lunatic (or an idiot) to believe that the U.S. is good for its debt."


We could easily repay our debt, but people like you are utterly dedicated to a bizarre picture of morality where robber barons' wealth should be left untouched. You're right in thinking that normal people in a depressed economy cannot pay off that sum on their own, with the continued full-fledged effort on the part of the upper classes to cannibalize our society.

You're also right in thinking that debt-restructuring will be essential due to the political infeasibility of taxing the rich (again, because of people like yourself who spend tireless hours spreading viewpoints beneficial to their pet policies for wealth preservation)

[Edited on August 3, 2011 at 1:28 PM. Reason : .]

8/3/2011 1:27:12 PM

wdprice3
BinaryBuffonary
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Fuck China. They're meaningless in this and they've been hacking into government & corporate systems of several nations, stealing secrets, confidential documents, and other information aimed at stealing others ideas and products. I said it. Fuck China.

8/3/2011 1:29:21 PM

McDanger
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lol wdprice3 chiming in to let us know the knuckledragger party line thx

8/3/2011 1:30:53 PM

wdprice3
BinaryBuffonary
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God you're such a fucking moron.

8/3/2011 1:34:01 PM

McDanger
All American
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lol this comin from the dipstick of rural north carolina

i wonder what borderline retarded bumpkins think *pages wdprice3 to weigh in*

8/3/2011 1:35:28 PM

LeonIsPro
All American
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8/3/2011 1:37:05 PM

TerdFerguson
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[Edited on August 3, 2011 at 1:43 PM. Reason : how has that not been posted yet?]

[Edited on August 3, 2011 at 2:03 PM. Reason : oh wait not as good as I thought]

8/3/2011 1:43:15 PM

d357r0y3r
Jimmies: Unrustled
8198 Posts
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Quote :
"We could easily repay our debt, but people like you are utterly dedicated to a bizarre picture of morality where robber barons' wealth should be left untouched. You're right in thinking that normal people in a depressed economy cannot pay off that sum on their own, with the continued full-fledged effort on the part of the upper classes to cannibalize our society.

You're also right in thinking that debt-restructuring will be essential due to the political infeasibility of taxing the rich (again, because of people like yourself who spend tireless hours spreading viewpoints beneficial to their pet policies for wealth preservation)"


Have you not actually looked at the numbers, dude? You're confirming, here, that you haven't, and are intentionally staying ignorant. You could tax the ultra rich at 100% and our debt still can't be paid off. Besides...the real "ultra rich" can't be taxed.

I'm absolutely convinced that you understand next to nothing about our banking system. If you did, you'd be railing against it.

Interest rates are AT ZERO and our debt is still increasing at 1-1.5 trillion every year. There is no exit. There is only default.

[Edited on August 3, 2011 at 3:36 PM. Reason : ]

8/3/2011 3:33:01 PM

stategrad100
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^ x 13

LeonIsPro really is good at this photo stuff



ROFL

[Edited on August 3, 2011 at 3:42 PM. Reason : particularly funny because it's Capt America especially conerning the American debt]

8/3/2011 3:34:42 PM

BridgetSPK
#1 Sir Purr Fan
31378 Posts
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He really is!

8/3/2011 3:35:52 PM

stategrad100
All American
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Capt America is all like.....yeah...we're financially fucked

8/3/2011 3:44:30 PM

The E Man
Suspended
15268 Posts
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Good credit is the worst thing you could have when you have a debt problem. Theres no way good credit could help a debt problem.

8/3/2011 3:47:40 PM

ThePeter
TWW CHAMPION
37709 Posts
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Fuck China

8/3/2011 3:50:34 PM

d357r0y3r
Jimmies: Unrustled
8198 Posts
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If the United States was a person, our credit would already be shot to hell. Creditors would be trying to figure out how to get as much of their money back as possible, and wouldn't extend any more credit for years to come.

Fuck China? For what? Lending a bunch of spendthrifts money? For fucking over their own people so that Americans (us) could get cheap goods?

I mean, this is the equivalent of maxing out 5 credit cards, quitting your job, and saying, "Hey, fuck you credit card companies! Why'd you lend me all this money!?"

[Edited on August 3, 2011 at 3:52 PM. Reason : ]

8/3/2011 3:51:17 PM

stategrad100
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^ sort of like a metaphorical lazy Capt America not giving a fuck chilling on the couch with a maxed out credit card lol

8/3/2011 3:53:03 PM

 Message Boards » Chit Chat » China downgrades U.S. credit rating Page [1]  
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