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Old 05-14-2015, 04:57 PM
 
Location: Milwaukee
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[quote=NyWriterdude;39617425]There are a lot of Asian investors who have global influence, including those investors who purchase US national debt. If Chinese and Japanese instantly stopped purchasing US debt we'd have an economic collapse. Many of the foreign investors involved in real estate development and sales are Asian


China and Japan hold 15% of US debt, I doubt very much we would have an ecomonic collapse if they stopped buying US debt.
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Old 05-14-2015, 04:58 PM
 
23,265 posts, read 16,104,540 times
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Quote:
Originally Posted by leoliu View Post
You have to be quite educated and experienced to recognize this. On the other hand, this also partly contributes to the antisemitism problem given the competitive and hateful nature of human groups.
There are a lot of uneducated Jewish people in NYC. Even if Jewish people have the highest percentage of advanced degrees (I am not convinced, please supply stats from a legitimate source) of course you would still have a significant population that work low end and poorly paid jobs.

There are a number of Jewish non profits that specialize in helping Jews living in poverty in NYC. And there's Jewish organized crime including Jewish drug dealers.

Jewish-American organized crime - Wikipedia, the free encyclopedia

BBC NEWS | Middle East | Israel struggles to keep lid on crime
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Old 05-14-2015, 04:59 PM
 
23,265 posts, read 16,104,540 times
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[quote=Allan Trafton;39617539]
Quote:
Originally Posted by NyWriterdude View Post
There are a lot of Asian investors who have global influence, including those investors who purchase US national debt. If Chinese and Japanese instantly stopped purchasing US debt we'd have an economic collapse. Many of the foreign investors involved in real estate development and sales are Asian


China and Japan hold 15% of US debt, I doubt very much we would have an ecomonic collapse if they stopped buying US debt.

If they tried to sell all that debt at once, bond prices would collapse and interest rates would rise tremendously. Meaning we'd have a collapse.
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Old 05-14-2015, 05:02 PM
 
1,774 posts, read 1,418,912 times
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[quote=Allan Trafton;39617539]
Quote:
Originally Posted by NyWriterdude View Post
There are a lot of Asian investors who have global influence, including those investors who purchase US national debt. If Chinese and Japanese instantly stopped purchasing US debt we'd have an economic collapse. Many of the foreign investors involved in real estate development and sales are Asian


China and Japan hold 15% of US debt, I doubt very much we would have an ecomonic collapse if they stopped buying US debt.
Me too, that's one of the other reasons for all the money printing by the feds after the financial crisis. You can always keep rolling the $4 trillion balance as well as buy more of your new or existing debt.
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Old 05-14-2015, 05:03 PM
 
Location: Milwaukee
868 posts, read 1,595,582 times
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[quote=NyWriterdude;39617573]
Quote:
Originally Posted by Allan Trafton View Post


If they tried to sell all that debt at once, bond prices would collapse and interest rates would rise tremendously. Meaning we'd have a collapse.
Yes, selling would be a problem, rates would go up, but buying is different. I believe others would step in and buy their share. Their share isn't as large as it is made out to be. People get carried away. You stated if they stop buying, nothing about holding on to what they already own. If all else fails the Fed can have QE 4 or whatever they are and have a bond buy and hold session. This will keep the rates down and they will resell at a later point.

Last edited by Allan Trafton; 05-14-2015 at 05:13 PM..
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Old 05-14-2015, 05:10 PM
 
Location: NYC
516 posts, read 650,476 times
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Quote:
Originally Posted by Mass hole in Cali View Post
My dad was a businessman and he always said that he envied the Jews and wished he could emulate them, they have sharp natural business acumen, they take no crap, and they invest in their own community and take care of each other. That's why they are 2% of America and 60% of CEOS and 20% of Nobel winners, they have a penchant for getting things done and it's like they have it in their blood to be shrewd business people. I could say the same for Northeast Asians who do the same thing. People hate the Jews because they roll with the punches and have been more persecuted than anyone but yet always wind up on top.
Jews get to the top by being scum. Just look at what happened in Germany before the war. They don't teach you that in history class do they?

Quote:
Originally Posted by NyWriterdude View Post
There are a lot of Asian investors who have global influence, including those investors who purchase US national debt. If Chinese and Japanese instantly stopped purchasing US debt we'd have an economic collapse. Many of the foreign investors involved in real estate development and sales are Asian.

Asian influence is sneaking in Hollywood. AMC movie theatres is owned by a Chinese company (Dalian Wand) and Chinese investors are looking to buy a big stake in Lionsgate. Japanese ownership of SONY pictures and music is passive but they still own it.

Significant stakes in companies like Apple are owned by Asian institutional investors.
The chance that out of nowhere China and Japan stop being our biggest foreign debt holders is one in a million. Both depend on a strong American dollar. The dollar goes to sh*t, they go down with it. Even if that one in a million event did occur those countries would topple and we'd be fine.
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Old 05-14-2015, 05:12 PM
 
1,774 posts, read 1,418,912 times
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[quote=Allan Trafton;39617621]
Quote:
Originally Posted by NyWriterdude View Post

Yes, selling would be a problem, rates would go up, but buying is different. I believe others would step in and buy their share. Their share isn't as large as it is made out to be. People get carried away. You stated if they stop buying, nothing about holding on to what they already own. If all else fails the Fed can have QE 4 or whatever they are and have a bond buy and hold session. This will keep the rates down and they will resell at a later point.
But sooner or later, if and when there's an alternative to the dollar all that QE is going to catch up. I believe only China has the potential to impact the importance of the US dollar hence the Us is trying to block every initiative to make that happen by the Chinese.
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Old 05-14-2015, 05:19 PM
 
Location: Riverdale, NY
279 posts, read 336,505 times
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Quote:
Originally Posted by NyWriterdude View Post
There are a lot of uneducated Jewish people in NYC. Even if Jewish people have the highest percentage of advanced degrees (I am not convinced, please supply stats from a legitimate source) of course you would still have a significant population that work low end and poorly paid jobs.

There are a number of Jewish non profits that specialize in helping Jews living in poverty in NYC. And there's Jewish organized crime including Jewish drug dealers.

Jewish-American organized crime - Wikipedia, the free encyclopedia

BBC NEWS | Middle East | Israel struggles to keep lid on crime
And what's the point? The Jews have their biggest presence in NYC in terms of their presence in the U.S., so there is bound to be a sizable portion of something from them, be it positive or negative. Overall, Jews do quite well in the city. Look at the number of affluent communities that many Jews live in around NYC and in the suburbs. The fact of the matter is even if there are a large amount of Jews that are uneducated, they have connections here to make things work for them and that's what matters. They control a lot of the real estate in NYC and other big economic sectors, and unless that changes, their influence in NYC will remain quite strong.
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Old 05-14-2015, 06:18 PM
 
3,506 posts, read 1,806,995 times
Reputation: 1630
Quote:
Originally Posted by Mass hole in Cali View Post
My dad was a businessman and he always said that he envied the Jews and wished he could emulate them, they have sharp natural business acumen, they take no crap, and they invest in their own community and take care of each other. That's why they are 2% of America and 60% of CEOS and 20% of Nobel winners, they have a penchant for getting things done and it's like they have it in their blood to be shrewd business people. I could say the same for Northeast Asians who do the same thing. People hate the Jews because they roll with the punches and have been more persecuted than anyone but yet always wind up on top.
Okay, we are not 60% of American CEO's.

Jews are a disproportionate number of Nobel prize winners, true. (not sure if it's 20% but maybe).

Yes we have been persecuted. Not sure we always wind up "on top", but thank G-d we have survived.
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Old 05-14-2015, 07:28 PM
 
23,265 posts, read 16,104,540 times
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Quote:
Originally Posted by jkub101 View Post
Jews get to the top by being scum. Just look at what happened in Germany before the war. They don't teach you that in history class do they?



The chance that out of nowhere China and Japan stop being our biggest foreign debt holders is one in a million. Both depend on a strong American dollar. The dollar goes to sh*t, they go down with it. Even if that one in a million event did occur those countries would topple and we'd be fine.
Not really. We would not be just FINE if the Chinese toppled.

Huge sections of the goods we buy are made in China and the production of those items could not be instantly brought back to the US or moved to another countries. It's take years to move production elsewhere. The US is very dependent upon China as our consumer economy is powered by the sales of goods made by CHEAP labor!
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