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CNN website hacked: "China dumps all bonds"

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Re: CNN website hacked: "China dumps all bonds"

#51

Post by rtpg »

streetnigga wrote: post #37
lisp-and-seo wrote: post #34

Earlier quoted context omitted.

Interesting. How do you feel about the US and UK drone strikes in residential areas?

Pretty shitty. Can't think of a theater of operation where the consensus for deployment is done with the support of the host nation's public. That is excluding the secret laws often shrouding the justification for the programs themselves.

All places where the US deploys drones has the support of the host nation's gov't at least. Drones are extremely easy to shoot down currently, and would not be effective in any hostile environment.

Not sure if that's what you meant, but it's an interesting point to consider.

Re: CNN website hacked: "China dumps all bonds"

#52

Post by rtpg »

Shivetya wrote: post #42
duiker101 wrote: post #28

Earlier quoted context omitted.

wow and there is basically nothing about Ukraine... this crazy!

Welcome to Zucker's quest to make CNN relevant.... which apparently means being the online version of the supermarket check out line. The FoxNews site has more important international stories than CNN, I am assuming CNN expecting readers to click the World tab. Out front, between Drudge and Google News I get all the leads I need.

you might want to hit something like Huff Post to counter Drudge.

Re: CNN website hacked: "China dumps all bonds"

#53

Post by eliasmacpherson »

rtpg wrote: post #51
streetnigga wrote: post #37

Earlier quoted context omitted.

Pretty shitty. Can't think of a theater of operation where the consensus for deployment is done with the support of the host nation's public. That is excluding the secret laws often shrouding the justification for the programs themselves.

All places where the US deploys drones has the support of the host nation's gov't at least. Drones are extremely easy to shoot down currently, and would not be effective in any hostile environment. Not sure if that's what you meant, but it's an interesting point to consider.

So the governments of Somalia, Afghanistan, Pakistan, Iraq, Yemen and Libya all support US drones being deployed. Where would I go to verify this? Seems a reconnaissance drone was downed over Iran, who have demanded an apology[0]. Perhaps you only mean drones capable of attack.

[0] https://en.wikipedia.org/wiki/Iran%E2%80%93U.S._RQ-170_incid...

Re: CNN website hacked: "China dumps all bonds"

#54

Post by huxley »

rtpg wrote: post #51
streetnigga wrote: post #37

Earlier quoted context omitted.

Pretty shitty. Can't think of a theater of operation where the consensus for deployment is done with the support of the host nation's public. That is excluding the secret laws often shrouding the justification for the programs themselves.

All places where the US deploys drones has the support of the host nation's gov't at least. Drones are extremely easy to shoot down currently, and would not be effective in any hostile environment. Not sure if that's what you meant, but it's an interesting point to consider.

"Acquiescence" or "compliance" may be more appropriate terms than "support" given the power imbalance in the relationships.

"Living next to [the USA] is in some ways like sleeping with an elephant. No matter how friendly and even-tempered the beast, if I can call it that, one is affected by every twitch and grunt." -- Pierre Elliot Trudeau in 1969

Re: CNN website hacked: "China dumps all bonds"

#55

Post by jasey »

It's late here and I've been working all day and I'm half asleep. So it took me a few seconds to realise this was a hoax.

My reaction was literally "holly shit!", Then I don't know why but my mind started racing to figure out how one would acquire gold and bitcoins at 10 to midnight on a Friday night heading into a weekend...

Thinking i need some verification before i make any move, I then realised the page was a google cache and then came back to hn to realise it was a cached hacked page.

But for a few seconds I was scared and excited at the same time...the same feeling of 9/11 actually

Re: CNN website hacked: "China dumps all bonds"

#57

Post by d23 »

rtpg wrote: post #52
Shivetya wrote: post #42

Earlier quoted context omitted.

Welcome to Zucker's quest to make CNN relevant.... which apparently means being the online version of the supermarket check out line. The FoxNews site has more important international stories than CNN, I am assuming CNN expecting readers to click the World tab. Out front, between Drudge and Google News I get all the leads I need.

you might want to hit something like Huff Post to counter Drudge.

I'm not a fan of huffpo, but considering Drudge routinely runs conspiratorial things like "Obama born in Kenya", I would not put them on the same level.

Re: CNN website hacked: "China dumps all bonds"

#58

Post by ceejayoz »

d23 wrote: post #57
rtpg wrote: post #52

Earlier quoted context omitted.

you might want to hit something like Huff Post to counter Drudge.

I'm not a fan of huffpo, but considering Drudge routinely runs conspiratorial things like "Obama born in Kenya", I would not put them on the same level.

I'd put the Huffpo's publishing vaccine denial advocacy on that level.

Re: CNN website hacked: "China dumps all bonds"

#59

Post by fennecfoxen »

jackgavigan wrote: post #50
bsaul wrote: post #9

Is it me or would "china dumping us bonds" have absolutely no effect since the Federal reserve is already the only one buying us bonds in massive quantities ?

Well, a lot of banks, insurance companies, trust funds, mutual funds, pension funds, social security funds, other countries and individuals own US treasury bonds. China's holdings are significant - over $1.3tn or around 7.5% of all US government debt. If they were to dump all of it onto the market at once (a crazy idea which they would never do), the simple excess of supply over demand would cause Treasury prices to…

> I don't know what the practicalities are of the Fed buying $1.3tn at short notice (e.g. whether they can simply create that many dollars out of thin air and credit them to their counterparties' accounts)

Ah. Yes. They can totally do that.

So the question is whether their extant open-market operations which aim for a particular interest rate on Treasuries will in fact buy the bonds quickly enough that substantial market turmoil would be avoided. And, if so, whether the increased supply of USD would have a higher velocity than it did when China was sitting on it, which could lead to a weaker dollar or substantial inflation.

(And of course, people could just generally freak out anyway, leading to turmoil.)

Re: CNN website hacked: "China dumps all bonds"

#60

Post by coldpie »

Shivetya wrote: post #42
duiker101 wrote: post #28

Earlier quoted context omitted.

wow and there is basically nothing about Ukraine... this crazy!

Welcome to Zucker's quest to make CNN relevant.... which apparently means being the online version of the supermarket check out line. The FoxNews site has more important international stories than CNN, I am assuming CNN expecting readers to click the World tab. Out front, between Drudge and Google News I get all the leads I need.

You depend on Drudge for facts? Yikes.
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