World stocks fall amid China credit concerns

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  • My2Cents Taylorsville, UT
    June 25, 2013 5:13 a.m.

    They are worried about China's debt concerns where they have a growing economy and the US economy is dropping like rotten potatoes and debt is the standard of living? The US economy is operating in the blood red destruction and our government is concerned the China economy is going to destroy the US economy?

    The US economy has been destroyed for 40 years and it hasn't bothered our government until a foreign country is unable to sustain a debt based economy?

    What I am wondering what is China going to do with the billions of dollars of goods that Wal Mart bought sitting in our ports and on the ocean and hasn't paid for yet? The world economy and US welfare is based on American consumers to buy goods and toys and the world cannot cope with an economy when the American consumer becomes extinct.

    The American people don't know what it means to not spend, or cash and carry or economic sacrifice means and it'll be a rude awakening when they realize they can't pay for DTV, Verizon, or government services and medical care anymore.