Repeating the crash of 1929

[Sigurd]

... The Chinese have is less than $700Billion - in Treasury bonds. It is a significant amount, but all they can do with it is sell it - put it out for bid by other nations.

The latest in our financial newspapers is: China is buying up cheap stock in the US. They are going for a takeover in American business.

The Kafir is not making this up... There are problems in the US today that hurt all of us.

The mortgage problems in the US are making investors world wide bleed.
Stock in companies that are really doing well is somehow affected by this and the stock price is falling.
Japan and other financial super powers that have invested in the US mortgages, that appeared to be a sure return investment, are really hurting when the "poor" are unable to pay interests.
This leads to too many available properties, houses and apartments, and with steep interest rates people are reluctant to buy and the investment slows down to a near halt.
The problem escalates.