G20 Summit (my view)

[Steadygain]

The G20 Meeting last week showed the power and strength of the USA.

The meeting was largely described by the awe and immense respect the other Nations showed the USA in relation to the recent 'Stimulus' Expenditures. They were unamimously so impressed with Hussain's ability to spend that amount that it appeared the other Nations essentially bowed to him.

The USA was like a king and the other Nations were servants bowing in respect and recogniton. Or you could say the US was most certainly the alpha dominant.

When the currency issue was brought up -- China said, 'No problem' and even suggested 'Forgiving all Debt' -- they wanted to annul and totally eliminate the DEBT --

--but the big O -- said NO --- 'They made their bed now they will have to deal with it'....


That's the G20 ---- from my perspective....

 

[Birchtree]

That is not reality my friend - just the opposite.

 

[Steadygain]

That is not reality my friend - just the opposite.

It's got to be majorly humbling Birch.

Who would have thought a day like this could ever be - where the President of the US is met with huge admonishment and open hostility for spending $600 Billion on a 'Stimulus Package'??

1. Since when did the US need to consider the approval of other Nations to do something like this?

2. Since when is $600 Billion a significant amount?
(I'm not saying this to attack Bush - but that's just a drop in the bucket compared to what they spent trying to 'Save the Economy')

The tone in general was 'You ain't rham and everyone knows it'.
I simply would never have believed that could happen growing up EVER.

Then him talking to China as though he can expand his chest and phase them.

Of course they're going to respond like 'What a joke' :notrust:


Anyway, I'm amazed the Markets went UP in light of all that. Will have to go to some of the financial sites and see what happened.

 

[Birchtree]

Just think when all the teenagers were playing rally around the maypole when he was in Germany - the real truths of hope and change are now visible - he's a borderline pinky.