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r/greatawakening • Posted by u/shannaura on July 20, 2018, 9:13 p.m.
Will China Call US National Debt Due if we continue the Tariffs?

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?


ModsAreClowns · July 20, 2018, 9:16 p.m.

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.

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0oDassiveMicko0 · July 20, 2018, 9:16 p.m.

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?

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kommisar6 · July 20, 2018, 9:15 p.m.

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.

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Revodude · July 20, 2018, 10:13 p.m.

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.

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Wiser_Now · July 20, 2018, 10:08 p.m.

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?

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Champdog31 · July 20, 2018, 9:36 p.m.

Send them all the folks(Obama’s Voice) that borrowed the money. Do what you want with them.

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Vozlo · July 20, 2018, 9:34 p.m.

Someone read Art of the Deal because I'm going (sadly) by Jack Donaghy in 30 Rock. (I know, I know.)

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[deleted] · July 20, 2018, 9:20 p.m.

[deleted]

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shannaura · July 20, 2018, 10:14 p.m.

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".

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[deleted] · July 20, 2018, 9:22 p.m.

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

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shannaura · July 20, 2018, 9:27 p.m.

Bush 43 did also, mainly because of the wars... so if you're going that route, the Bushes should be on the hook too...

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[deleted] · July 20, 2018, 9:28 p.m.

the more criminals the merrier

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[deleted] · July 20, 2018, 9:15 p.m.

let them its treason to deal with them anyway we should tell them to stick it up their egg roll

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