Quote:
Originally Posted by Guest
China could do a number on our economy by calling in the debt. The threat is always there. They could also nationalize all our countries businesses making products there. What is their goal? What good would it do cripple one of their larger customers? Trump wants to put large tariffs on them. He has a ton of degrees also. He brags about them every day. Maybe you should talk to him about the backlash China could inflict on us by calling in the debt we owe to them.
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China isn't going to "call in the debt". They're holding bonds. Why do the uninformed comment?
When you owe someone over a $ trillion, it's their problem as much as yours.
We gave China paper, they gave us stuff. Who go the better deal?
They "call in" a $ trillion in debt, we tell them to come and take it. There's a war and they don't get paid anyway. You think the Chinese are going to come over here and take over? More guns than people in America, good luck with that.
For the most part, we're in agreement...but not with China. The "powers that be" the truly wealthy aren't going to give it up to Chinamen. China is being used more than it's using others. The Chinese are outsiders.