Message from @TylerC
Discord ID: 491628627373457444
XD yeah lol i know its not litteral
nah US is stronk! 😛
Actually the Collapse is due to China's terrible economic policies.
you'll justh ave to give up Iphones and Nike shoes 😉
United States has imported different nation's resources and starting to export more to different nations.
the US and china are two elefants with each a stilt of debt leaning on each other
@JULZIFICATOR brings up a good point though, america would loose its friggin mind if we lost access to cheap chinese goods
we have the porn industry so i think we'll make it
actually most of the US debt is to itself
that was the best analogy ive heard for it
United States is making it so they are less dependent on China and China is hurting because of that.
yes but debt gets sold
and subsidiesed and resold and resold and resold
eventually the bill comes due though
@yvaN_ehT_nioJ yeah, but Russia had a huge number of casualties, and their culture went a different path (they did suffer under communism, though)
China already sold off the debt.
thats why Trump is bringing jerbs back, and making the economy boom,
So when the bill comes, they're the ones that are ahead
had to look it up finally
I think.
from the national debt wiki
"As of December 2017, $6.3 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest being China (about $1.18 trillion) then Japan (about $1.06 trillion)"
so still a sizeable chunk, even if they have sold some off
yep indeed
and when you take into account how intertwined their trade still is
zo china had about 1/5 of our debt
even in the era of trump
1/5 is still a LOT
1/5 is hueg
like a scary ammount
for a country that was trying to peg their currency to ours for the longest time
i think that part has finally been stopped
pretty sure
but still leaves them holding a hell of a bill to call in
Hell Russia done it already and nobody noticed...
People are pissed at SJW it seems.
they really don't like them
ya but russia didnt have anywhere near as much of the debt as china does
Russian holdings were pretty small