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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> extropy-chat-bounces@lists.extropy.org [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>Kelly Anderson<br><b><span style='color:#1F497D'>…</span></b></span><o:p></o:p></p><div><div><div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>>>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>I don’t understand who is still loaning money to the US, and why.</span><o:p></o:p></p></div></div></blockquote><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><span style='color:#1F497D'>>…</span>Because you need to loan your money to someone. Someone who is safe. Imagine you are a ChiCom, and you have to put your country's money in a safe place. There are a limited number of safe places, and you have a lot of money. In addition, there is the political leverage that money earns you over the US government. <span style='color:#1F497D'>–Kelly<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>I can tell you where a lot of that Chinese money is being socked away: California real estate. I see ever more local homes being sold to absentee owners with Chinese names. The Chinese don’t really trust their own government to not seize their wealth, so they park it in the US in the form of million dollar tract shack which serves as their vacation cottage. I can testify of a house down the street from me which has never really been occupied in the traditional sense in 18 years, but the owners show up for about 2 wks a year. It is meticulously maintained by a yard service, cars parked out front, cars that started out new but now have become weather-beaten with a couple thousand miles on the odometer. Local neighborhoods are growing quiet as their population declines. That’s where you Walmart dollars are going.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike<o:p></o:p></span></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p></div></div></div></div></div></body></html>