Message from @ZX
Discord ID: 650445971486015488
@Death in June they are caught between a rock and a hard place, and GOOD
i don't think that's good
if it's true, that is
I'm just going to go ahead and put him in the Joel Osteen category of opportunist cult leaders
@Death in June let them suffer at our hand
no thanks
@Death in June they were a growing threat to our currency
not anymore i beleive
china has to remain intact for the time being
china is falling apart, they have horrible demographics
they serve as an important bulwark against liberalism
you think the boomers are bad? how about looking at chinas pop
the butterfly charts on china
are you referring to age demographics?
yes
they're not appreciably worse than america's
it will destory them, soon, they have a credit system, dependent on US bonds, a currency that is falling, and they are at OUR HAND in the world trade market, we determine if they breath or not in the market
good on trump for using the leverage
GOD BLESS DONALD J TRUMP
in what way is china dependent on us bonds
@Death in June most of their total revnue is from US treasurie coupon payments
other than that revenue, they make up with printing money and expanding credit
to keep up with the US
because holding US bonds is the equal to holding US currency, they weaken their own currency and strengthen ours
its the same thing hedge funds do instead of purchasing dollars in currency they purchase bonds, which are the equivilent to currency
----------------
all this is why you need a strong economy, and why it is everything
lel
ben
>doesnt like the truth
i don't think much of their revenue at all comes from us treasury bonds
>decides to ignore it and not finish the video
@Death in June i should say real revenue, alot of their ballance sheet comes from extra printing of their currency and expansion of credit
all i asked is that you take his points and refute them
but you cant. lol
@Death in June im gonna link ya a video
the worst part of that seems to be corporate debt
but i think china probably has tools to deal with this liberal countries don't
i think a lot of people err in trying to analyze china's economy because they assume it works on the same logic a liberal capitalist economy does
@Death in June credit is credit, its been credit since the dawn of time, credit before gold standard, credit after fiat, does not matter