Message from @TylerC
Discord ID: 491633227014864897
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
the question is
do we really have enough to prop up china if we have to?
i think that is a much bigger question
im not so sure we do
oh lord. europe would probably have to chip in too i bet
at the very least
would likely take the whole world chipping in to stop the collapse if it came to that point
Besides I don't think China would sell off debt, even if their economy collapses.
Pegging their Currency to ours aka Debt keeps their currency afloat.
yes
im not 100% sure about this, but didnt trump make a move recently to stop that practice?
i thought i had heard something about that
Sell off that Debt ensures they will have no way to regrow economy.
No he didn't. He did place 200 billion tarrifs on China.
this isn't a topic I know much about, but why would we want to save the oppressive communist government in China?
Anyways AFK.
@madchatter because they own a sizable chunk of our debt, and make all of our cheap items
those are the 2 biggest reasons for us as americans
it'd be better for them to rebuild as a free country, though
what would we do while we wait for that to happen though
thats at the fastest possible, like a 5 year move
plus, as long as they're communist, they will have increasing problems (housing situation for normal citizens is terrible there)
i had someone the other day try to tell me china didnt count as communist anymore... i was like wait what?
I guess it feels like a dick move to prop up the communist government for our own benefit
ya that is the problem i have always had with out relationship with china to begin with
we like getting the cheap stuff
people are really suffering there, and the usual way communism gets overthrown has been for it to collapse economically
but we just look away at what they are doing
trying to read up on that now, i think i see the arguements why people say they arent
anyways, gotta afk, unfortunately
they own all the land
ya i need some lunch
and im sure my rambling is annoying enough of you by now lol
sick day makes for a good chat day
auch
1.3 trillion is still more than i can find in my couch cushions