Walt, U are so myopic that u cannot see further than your nose. Japanese have been accumulating billion of balance-of-account every year since 1960's. Japan-bashing by USA medai used to be the norm during the Cold Wars over this matter. But I guess the Japanese are now getting wiser by paying those media writers to China-bash instead. FYI, Japan holding of USA Treasury Bills etc is at least 50 times that of China. So how can China's holding of US$ affect the Japanese economy, unless yo u have eaten too much sushi and cannot count.
CS ----- Original Message ----- From: "Walt Patrick" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, December 30, 2004 2:08 PM Subject: Re: [Biofuel] Made in China? > At 09:32 PM 12/29/2004, CS wrote: > >Japan murdered > >millions of innocent people in the 2nd World War, more than the Nazis, yet > >they have more nuclear power stations (2nd to France) than USA. For them to > >convert to nuclear bombs and embarked on their military is like waiting for > >history to repeat itself. > > That's part of what makes the half trillion dollars held in > China's hands so problematic since Japan holds about the same amount of US > paper. If China dumps the dollar, that move will likely crash the Japanese > economy as well. > > In short, from the Chinese perspective, it's a two-fer. > > Walt > > > _______________________________________________ > Biofuel mailing list > [EMAIL PROTECTED] > http://wwia.org/mailman/listinfo.cgi/biofuel > > Biofuel at Journey to Forever: > http://journeytoforever.org/biofuel.html > > Biofuel archives at Infoarchive.net (searchable): > http://infoarchive.net/sgroup/biofuel/ > > > _______________________________________________ Biofuel mailing list [EMAIL PROTECTED] http://wwia.org/mailman/listinfo.cgi/biofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuel archives at Infoarchive.net (searchable): http://infoarchive.net/sgroup/biofuel/
