ruck_feddit
China needs buyers. If the US stopped buying from China, it would be the same situation in China. Their economies are so intertwined that a war between them, even just financially, would ruin both
And as that currency falls to the dollar because the issuer does not and cannot pay it's debts? And as the nations of the world depend on western weapons and must pay for them in dollars? You've actually made my points really clearly without making a point yourself.
Proud of you!
The US pays it's bills. China defaulting devalues it's currency, making payment necessary in dollars. The US has a hard limit on how much yuan it will exchange for dollars to prevent a run on the currency. China cannot get enough dollars to pay the bill, while the US is the one country in the world to which China can't just say "lol no." Assets will be forfeit or one sided deals favoring the US will come out of this. The devaluation of the primary currency of a major trade partner means their goods cost less and their interest increases
I'll wait while you source your info, since I sourced mine. You can respond to: fighting the US, China's financial position in the world and their international debt, or just how you believe China can protect assets on another continent. Go ahead.
It's nice you think I'm American. Throw me some more emojis to try to make your points really stick.
OoOO you're so edgy! Now watch as the US continues to regionally encircle China via each of their neighbors. They're already moving tech and manufacturing next door to India. Japan and S Korea are building their militaries again in response to continued threats by China.
Wasn't your original argument about how much money and power China has? This makes their bid to become the international business currency look like the economy of Greece. What are they going to do about all of their seized assets across the globe? FIGHT THE US?
You pay up, or you lose your investments. That's how money works. Man, you're bad at this!
I guess you missed the news story about China defaulting on $1 trillion in US debt?
It could also rhyme with Blamazon
If reincarnation is real, I want to be reincarnated as a beloved house cat in a warm climate
So if I'm getting the info correct: the uglier the melon, the better it will taste
The gray area where I live is that streaming is not piracy. I didn't pay for it, but I also didn't retain a copy.
Putlocker and Wootly were my go-to spots in college because I wouldn't get a piracy warning from my internet provider.
If there are better places these days, please let me know. I miss seeing new movies the same day they hit the digital marketplace