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JDPriestly

(57,936 posts)

5. China will simply nationalize American-owned production facilities in their country.

Reply to ffr (Reply #1)

Wed Oct 9, 2013, 04:32 AM

Oct 2013

They can do that. They are not emotionally or all that ideologically attached to the idea of free enterprise. Not like a lot of Americans.

They don't have the British tradition of private property. Not in the same form.

So, they will have no problem taking care of themselves. And all those stupid American investors who put their money, their trust and their future incomes at the mercy of foreigners -- too bad for them.

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If GOP Forces a Default, Americans' Wealth Could Be Cut in Half [View all] FourScore Oct 2013 OP

I think it's going to meltdown past our boarders too ffr Oct 2013 #1

That sounds about right. n/t FourScore Oct 2013 #2

Yes, it will Warpy Oct 2013 #3

China will simply nationalize American-owned production facilities in their country. JDPriestly Oct 2013 #5

This is the ONLY reason the teabaggers won't be able to take the country into default jmowreader Oct 2013 #4

It's time for republicans to take a little personal responsibility they preach B Calm Oct 2013 #6