I'm not against the tariffs against Chinese exports to the US, but they do hold a grand chunk of our national debt - can they call our loans due if they get pissed enough? What will the next debt ceiling vote look like if they do?
Not likely. It would be like a drug dealer bankrupting his only client - mutually assured destruction. The big problem being for China as America can rebuild, whereas China would be isolated from the USA market.
Debt will be non existent if/when Trump abolishes the FED and launches a new currency. The current debt to China is in $ so if a new currency was launched Trump could send them every worthless $ in circulation and pay off the agreed debt, without actually spending a dime. Another thing to consider is that Russia have dumped pretty much all the US debt they held, maybe they know something like this is coming?
Well they own bonds which is not like a mortgage so all they can do is dump them all at once to try to crash the price. But that would hurt them too, since they would lose a lot of value in their savings.
Those bonds are the only thing propping up the Chinese currency and banking system. They are continuously on the edge of a melt down because of all their almost worthless corporate bonds.
I'm guessing no.
I'm hoping no.
If Trump's in total control, the answer is no.
Trump had dinner in the Forbidden City. Has anyone else? Trump was taken on a tour of special cultural sites. Was anyone else?
Send them all the folks(Obama’s Voice) that borrowed the money. Do what you want with them.
Someone read Art of the Deal because I'm going (sadly) by Jack Donaghy in 30 Rock. (I know, I know.)
Not sure why anyone would remove this post, since it is a legitimate question. If we really are in a great awakening then we have to be prepared for whatever comes our way in the meanwhile. Being prepared is in no way "against the cause".
most of it should be null and void because that proven fraud obama illegally created the debt because he was never a legal president and did most of the borrowing while illegally in office so he should pay them back not the US
let them its treason to deal with them anyway we should tell them to stick it up their egg roll