Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label China US Debt. Show all posts
Showing posts with label China US Debt. Show all posts
08 June 2011

European Credit Agency Downgrades US Credit Rating from AAA to AA

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Here is my rough translation of the original Feri stuft die Bonität der USA herab . "Man muss manchmal in den sauren Apfel beißen....
22 July 2010

China and the Goldfinger Syndrome

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I have had some interesting discussions recently with correspondents about the problem which China has with its very large US dollar reserve...
12 July 2010

China Ratings Agency Downgrades US Debt From Moody's, S&P's, and Fitch's AAA Rating

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Currency wars. Well at least a Phony War for now. See, nothing has happened. All is well. Move along. Nothing to see here. Status quo inta...
19 August 2009

China Makes Biggest Cut in US Treasury Assets Since 2000

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China dumps US Treasuries the most aggressively in a decade. Now THAT's a change you can believe in. One has to wonder how long the UK,...
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