PadawanWarrior
Well-Known Member
Hard to argue with that, lol.When China starts cashing in their markers you’ll find they’ve already passed you.
Hard to argue with that, lol.When China starts cashing in their markers you’ll find they’ve already passed you.
Honestly, I have no doubt. With the 'president' currently seated who thinks that tariffs are income, and with everything else he's shoveled to foreign entities for his personal benefit, who doesn't think half of the world is going to pass the US by?And do I agree that China is gonna pass us by.
Yeah, how does that work?When China starts cashing in their markers you’ll find they’ve already passed you.
Just like every other lender they take ownership of property if you can’t pay. That includes infrastructure projects.Yeah, how does that work?
How do they 'cash in' a ten year treasury bond?
The Treasury can just print the money on that government debt. It would cause some inflation for us, but it would get paid.Just like every other lender they take ownership of property if you can’t pay. That includes infrastructure projects.
I agree with everything except American dollars do not need to be spent in America. American Dollars are accepted in almost every country on the planet.
America owns America, China is a very strong economic powerhouse, but they do not own us. All of our government debt is not going to be cashed in on until the bond matures. At that point China would get paid with American dollars, which eventually needs to get spent in America or to another country that will then trade with America.
That's what he said. Read the last sentence.I agree with everything except American dollars do not need to be spent in America. American Dollars are accepted in almost every country on the planet.
and stop posting your facts that really bring the argument to a stop.
I was going to telll him to look up Dieppe or Juno Beach but I got pissed off and just told him to fuck off.Hey Padi, I get your not very well educated in the great wars or know much about international anything but you may want a small tit bit of info. Allot of those who fought from Commonwealth countries didn't actually serve in there own countries armed forces.
If memory serves some of Canada's Ace's from WW1 flew with English squadrons (as did the Aussies) for eg
Are you subscribing to the Idi Amin economic policy? Need more money just print it?The Treasury can just print the money on that government debt. It would cause some inflation for us, but it would get paid.
See what China has done in Africa
America owns America, China is a very strong economic powerhouse, but they do not own us. All of our government debt is not going to be cashed in on until the bond matures. At that point China would get paid with American dollars, which eventually needs to get spent in America or to another country that will then trade with America.
They don’t “trade” it back to us. Lots of countries use American dollars with no problems. The store doesn’t immediately send it back to the US when they get it.That's what he said. Read the last sentence.
Compare populations at the time. The States sat back and watched. Only after they were attacked did they enter the war. Canada was there fighting at the start. Your sacrifices were huge but so was Canada’s, if you are comparing per capita it was about equal. Your statement about us sitting back is false and your are an uneducated fool......Trump loves you and thanks you for being dumb.Wow man. You can thank the US and Russia mainly for that one. Canada is no superpower. You'd be the one speaking German if it wasn't for us, the Soviet's and a few others.
Sure there were a few of you Canadians, but you didn't sacrifice massive amounts of your people to try and create peace in the World like the US and many other countries. You just tried to sit back and ignore the slaughterhouse that was going on because it didn't involve you. This should put it in perspective.
Research Starters: Worldwide Deaths in World War II | The National WWII Museum | New Orleans
See estimates for worldwide deaths, broken down by country, in World War II.www.nationalww2museum.org
Nobody rational would be willing to buy the treasuries from the government if they thought that it would be worthless when they matured. They would be wasting their money if they did. And any irrational entity doesn't have the money to try to ruin our bond market.I was going to telll him to look up Dieppe or Juno Beach but I got pissed off and just told him to fuck off.
Are you subscribing to the Idi Amin economic policy? Need more money just print it?
That could cause a lot more economic trouble than some inflation.
If China tried to ruin our economy, they would be killing their own as well, their middle class would then test the limits of 'president of life'.See what China has done in Africa
edit: I should clarify I’m not just talking about the government’s national debt but all loans.
Corporate loans may go through “private” banks but essentially all are state loans, as I understand it.
That is also what I meant, thank you for clarifying it. Eventually all that money has to make its way to our economy, or yes to another country that uses the dollar, but anyway you slice it, America benefits along with the person who gets the slightly more money back for their investment.They don’t “trade” it back to us. Lots of countries use American dollars with no problems. The store doesn’t immediately send it back to the US when they get it.
Right. For that to happen it would require the Chinese government‘s leadership to act irrationally. I wonder what the consequences would be if, for example, the President of the United States were to act irrationally? Or provoke the Chinese government in some way?If China tried to ruin our economy, they would be killing their own as well, their middle class would then test the limits of 'president of life'.
But China is still not large enough to do anything more to our economy than Trump has. As bad as we are in right now, all of our wealth is still invested mainly in our country. And now that pandemic happened a lot more 'buy local' is likely as supply lines are shown to be vulnerable.Right. For that to happen it would require the Chinese government‘s leadership to act irrationally. I wonder what the consequences would be if, for example, the President of the United States were to act irrationally? Or provoke the Chinese government in some way?
Nothing to worry about I guess.
Uh huh.Love Gwen.
Unfortunately a trillion dollars is a lot of money. Lay out 999,000,000 of something and then add another billion. See you in a few weeks. We put trillion but not too many people really grasp how much money that really is.But China is still not large enough to do anything more to our economy than Trump has. As bad as we are in right now, all of our wealth is still invested mainly in our country. And now that pandemic happened a lot more 'buy local' is likely as supply lines are shown to be vulnerable.
Japan if nothing else can offset much of what China does to us in that case anyways.
This gives us a chance to bring back all the lost industries home, but with the newest, cleanest/greenest technologies and innovations. Which is better than it would have been done if we tried to keep all that old industrial infrastructure here back in the 80s.
As bad as everything is, I am still pretty hopeful for the future. This too shall pass.