Americans paying Chinese to takeover U.S. businesses.

by Thomas R. Babcock

In spite of China's increasingly pessimistic view towards the dollar, it still plans to buy large amounts of U.S. bonds. China's concerns are based on the market's expectation that the U.S. Government and the federal reserve in the very near future will be forced to raise interest rates in order to bring inflation under control. The strong potential for inflation or hyper inflation is due to the U.S. Governments policies of printing God Awful amounts of money that are based on nothing and tripling the national debt in only a little over six months. China's is funding the U.S. Governments soaring budget deficit much like a drug dealer helps out a junkie. The continued buying of U.S. debt by China is coming at what cost to the American People, America's small to medium size businesses and the America's political power abroad.

Beijing has come up with a plan, the last two to three years, to cut it's exposure to the dollar by giving the OK to state-owned Chinese businesses to use it's foreign currency holding to buy competitors. The responsibility for Washington D.C. and New York's planned implosion of the American and world economy falls squarely on the shoulder of the American People. Through forced taxation the unknowing American public is handing over to the Chinese Government and it state controlled companies the money to buy up their American competitors via the U.S. government. Thus further putting the squeeze on the lower and middle classes within the U.S.A..

Recently China's foreign investments have double from 2007 to $ 52.2 billion in 2008 and it has said it would ease restrictions on state owned companies to borrow the funds they would need to buy off shore investments. Why is China still buying the federal reserves debt after showing such concern? Could it be that in return they get American companies paid for by the American tax payers?

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