Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: Do this make the crisis more serious?
Yes 22 66.67%
No 11 33.33%
Voters: 33. You may not vote on this poll

Reply Start New Thread
 
Old 09-25-2008, 12:23 AM
 
Location: Seattle, WA
209 posts, read 583,567 times
Reputation: 87

Advertisements

Well the crisis is now stepped up a notch. This is a direct action against the situation in America and this is major news.

China banks told to halt lending to U.S. banks

UPDATE:

This is getting too weird. With so much spin to bring down panic I don't know who to believe on this. China denies telling banks not to lend to US banks: China denies telling banks not to lend to US banks | Markets | Markets News | Reuters

Last edited by BankREO; 09-25-2008 at 01:12 AM..
Reply With Quote Quick reply to this message

 
Old 09-25-2008, 12:25 AM
 
Location: Texas
5,004 posts, read 7,839,587 times
Reputation: 5695
SHTF!!!

Sweet. I'm prepared. The run on the dollar beings shortly.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:37 AM
 
8,842 posts, read 11,633,315 times
Reputation: 10767
Press Release. Unidentified industry sources. Couldn't find the story on Reuters.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:40 AM
 
Location: Seattle, WA
209 posts, read 583,567 times
Reputation: 87
Quote:
Originally Posted by davidt1 View Post
Press Release. Unidentified industry sources. Couldn't find the story on Reuters.
Come on, this is too serious to play around. China banks told to halt lending to US banks-SCMP | Markets | Markets News | Reuters Now I retract, this just came across. This is getting too weird. With so much spin to bring down panic I don't know who to believe on this. China denies telling banks not to lend to US banks: China denies telling banks not to lend to US banks | Markets | Markets News | Reuters
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:41 AM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,298 posts, read 14,103,831 times
Reputation: 8104
Just wait till they sell off their US bonds .... I don't know anything about bonds, but don't they hold a huge percentage of ours?
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:43 AM
 
8,842 posts, read 11,633,315 times
Reputation: 10767
Found something:

China denies telling banks not to lend to US banks | Markets | Markets News | Reuters

It looks like the Chinese are denying it.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:47 AM
 
20,187 posts, read 23,740,120 times
Reputation: 9283
Quote:
Originally Posted by Woof View Post
Just wait till they sell off their US bonds .... I don't know anything about bonds, but don't they hold a huge percentage of ours?
Yes they do... and as to whether they are stopping any lending to US banks... its the classic say one thing but do the opposite... it is more than likely true that they are asking to stop the lending... they are trying to pressure a bailout by doing just that... they are manipulating the market like the US is trying to manipulate the market right now... they WANT the bailout so the can get back most of their losses... JUST SAY NO!
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 12:54 AM
 
8,842 posts, read 11,633,315 times
Reputation: 10767
Quote:
Originally Posted by BankREO View Post
Well the crisis is now stepped up a notch. This is a direct action against the situation in America and this is major news.

China banks told to halt lending to U.S. banks


THOUGHTS?
It's not your fault, but power of misinformation is amazing. The poll had 8 responses. People just responded without checking the facts. Even if the facts surface, they still believe what they want to believe simply because the misinformation is already out there.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 01:07 AM
 
3,852 posts, read 12,828,979 times
Reputation: 2529
Only makes my silver investments look better.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 01:11 AM
 
Location: Seattle, WA
209 posts, read 583,567 times
Reputation: 87
Quote:
Originally Posted by davidt1 View Post
It's not your fault, but power of misinformation is amazing. The poll had 8 responses. People just responded without checking the facts. Even if the facts surface, they still believe what they want to believe simply because the misinformation is already out there.
Actually I did check the facts and the it has been corrected above. Thanks
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top