Message from @Pelth

Discord ID: 630923590967230464


2019-10-08 00:22:02 UTC  

There can be no green initiatives as long as china still stands

2019-10-08 00:22:04 UTC  

period

2019-10-08 00:22:04 UTC  

The Chinese already ow half of America. Trump just gave them more ownership by putting us more in debt

2019-10-08 00:22:10 UTC  

Own

2019-10-08 00:22:14 UTC  

This is a war

2019-10-08 00:22:32 UTC  

We are never going to pay back chinor

2019-10-08 00:22:54 UTC  

China could ask for it any day and if we don't pay it that our credit rating goes down

2019-10-08 00:23:02 UTC  

That's not how it works

2019-10-08 00:23:10 UTC  

Use credit karma

2019-10-08 00:23:12 UTC  

That is how it works

2019-10-08 00:23:27 UTC  

China isn't ever getting their money back

2019-10-08 00:23:40 UTC  

it's not even that much money either

2019-10-08 00:23:46 UTC  

almost all of our debt we owe to ourselves

2019-10-08 00:23:46 UTC  

Do you know what happened in Greece?

2019-10-08 00:23:48 UTC  

@pennypal
They owe us actually for helping them a ton

2019-10-08 00:23:49 UTC  

GG @Svea Rike, you just advanced to level 4!

2019-10-08 00:24:07 UTC  

Greece-oof

2019-10-08 00:24:14 UTC  

china never lent us money, they only purchased some of our own debt

2019-10-08 00:24:20 UTC  

a small amount mind you

2019-10-08 00:24:24 UTC  

only about 2 trillion or so

2019-10-08 00:25:06 UTC  

We are our own primary creditor

2019-10-08 00:25:20 UTC  

because of the jacked up federal reserve system

2019-10-08 00:25:32 UTC  

where we borrow money from ourselves

2019-10-08 00:25:35 UTC  

The U.S. debt to China is $1.11 trillion as of May 2019. That's 27% of the $4.1 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $22 trillion national debt is owned by either the American people or by the U.S. government itself.

2019-10-08 00:25:59 UTC  

^

2019-10-08 00:26:00 UTC  

so even less than 2 trillion

2019-10-08 00:26:03 UTC  

literally nothing

2019-10-08 00:26:35 UTC  

War with china is inevitable

2019-10-08 00:26:44 UTC  

China has held more than $1 trillion in U.S. debt every year since 2010. That's when the U.S. Department of the Treasury changed how it measures the debt

2019-10-08 00:28:26 UTC  

China's position as America's largest banker gives it some political leverage. Now and then, China threatens to sell part of its debt holdings. It knows that if it does, U.S. interest rates would rise, slowing U.S economic growth. China often calls for a new global currency to replace the dollar, which is used in most international transactions. China does this whenever the United States allows the value of the dollar to drop. That makes the debt China holds less valuable.

2019-10-08 00:28:55 UTC  

And your point is?

2019-10-08 00:29:06 UTC  

We are enemies with china

2019-10-08 00:29:45 UTC  

And you even say yourself that the debt china holds is less valuable

2019-10-08 00:31:12 UTC  

Are we really enemies with china?

2019-10-08 00:31:14 UTC  

Yeet

2019-10-08 00:31:19 UTC  

Yeah

2019-10-08 00:31:32 UTC  

Pretty much

2019-10-08 00:31:33 UTC  

Why?

2019-10-08 00:31:35 UTC  

You can't say on the one hand sign is not a threat because of a debt and then say on the other hand it is.

If you believe it is a threat to US... You must be a distraught that Trump was on the phone trying to get dirt on biden them with their leader. his priorities are not the priorities of America

2019-10-08 00:31:35 UTC  

China is our primary enemy

2019-10-08 00:31:36 UTC  

GG @pennypal, you just advanced to level 6!