ya but russia didnt have anywhere near as much of the debt as china does

Russian holdings were pretty small

from what i understand

now if china did that

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

Venezuela seized companies too

It would make that debt useless.

ya that is what would happen next, the seizures

and we know how that goes

They wouldn't be able to claim it.

Seizing a foreign nation's company and trying to claim that debt makes it invalid.

The debt would be defaulted, leading to United States being free from it.

If China goes bankrupt, they'll need bail-out money from the US which they'll get, in exchange for removing the debts, and adding to the debt China has to the US

which they'll pay off slowly cuz the low economy, causes a boom in industry cuz they're cheap now

investors will flood to China, making it wealthy again, to pay off the US

ima bail out now 😛

i think what doc says makes a bit more sense to play out

Dusty i think you are looking at it from a consumer debt point of view

i dont believe a nations debt works the same

i could be way off

but i do think a trade of canceling debt for relief money is the likely scenerio

or the relief money wil just be the repayment not really a canceling