It doesn’t hurt to laugh! #14

June 8, 2009 by Alpha Dinar

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Tags: China, Stock Market cartoon, US Debt, USA, Wall Street Cartoon

This entry was posted on Monday, June 8th, 2009 at 12:58 am and is filed under Cartoons, Weekend Edition. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

7 Responses to “It doesn’t hurt to laugh! #14”

1. keynesian09 says:

   June 8, 2009 at 12:59 am

   Lol..

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2. Yousef says:

   June 8, 2009 at 9:55 am

   Lol! nice.

   [Reply]
3. dxb kola says:

   June 8, 2009 at 12:56 pm

   Makes a point yes, but China hardly “owns” more than 10% of the US debt system.

   US indebtedness is overrated.

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4. s.a says:

   June 8, 2009 at 4:28 pm

   lol, I was reading an article at the washington post and found this part interesting:
   “Through cheap loans, debt guarantees and a promise that big banks will not be allowed to fail, these officials say the government has created an artificial environment in which profits and stock prices have rebounded, helping banks in recent weeks to raise about $50 billion from private investors.”

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5. keynesian09 says:

   June 8, 2009 at 4:45 pm

   s.a:
   I’m suspicious Ra’ad wrote this article

   dxb kola:
   According to the US Treasury Department (http://www.treas.gov/tic/mfh.txt), China holds 23.5% of US Debt as of March 2009.

   On the other hand, I agree that China has to buy Treasuries to finance the world’s biggest consumer (US consumer) to continue buying Chinese exports!

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6. dxb kola says:

   June 8, 2009 at 7:45 pm

   Hi, of Treasuries and T bills, yes , but China hardly controls more than 10 percent of America’s entire external debt, private and public.
   Regards

   [Reply]
7. TheMaskedTiger says:

   June 10, 2009 at 10:26 am

   hahaha..very funny , the icon of capitalism is owned by the last survior of the communist ideology…

   [Reply]