Message from @TylerC
Discord ID: 491629343378767872
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
from what i understand
we would be in trouble, i think
It would be barely felt... :\
you are crazy
Our economy is growing at a fast pace, consumers confidence is high, and we are starting to create a lot of our products here in United States.
not that much
Most of that debt is OWNed by American corporations located in China.
We are bringing those Corporations back.
i think you really overestimate that growth if you think that growth would balance out china already
in a few years it could be done
probably 5 to 10
relax guys heres what will happen if China goes broke
but we def are Not there yet
We are heading in a positive direction like I said.
apple and nike become useless cuz they can't produce
So they get nationalised as companies
And the US will use that company money to pay the debt
done 😉
The debt that American companies in China that own will come with them to United States.
So really, if you look at the technicals... most of the money is own by American Companies in China.
While maybe 1/4th of that debt is owned by China itself.
i think a lot of that is incorrect, but i have no sources at the moment to back it up
For it to be impactful, they would have to take over United States companies somehow without forfeiting that debt.
its a communist state, dont put that behind them