What happens to that chunk of the national debt?? Gone.
I feel like there's a clause in the Constitution that says the foreign debt cannot be canceled. This might indeed be their route but it will cost us a revolution and a rebrand. Which is probably why they have been trying to make our "brand" so degenerate, so that when we snap into Dr. Pepper Presents: USA2.0, we won't long for the old country.
Your projection of western mentality to other civilizations doesn't help, really.
Remember? - China are comunists. What communists think about money? You definitely should know that.
China will use US debt against US. At time they choose.
As for market for their goods, don't you see that China is creating that market for themselves around the world. What US could offer from the point of view of market? Miserable 300M customers. And that's all. This market is already full, and there is no any chance it will grow. And China now have not only home appliances and smartphines to sell, but also cars, planes, machinery and so on. How US looks like as a customer for that Chineese goods? Like nothing. Americans hardly will buy cars of Chineese brands, and US airlines are not taking places in line to order Chineese planes.
So US is exhausted as market for China. No perspective, no place to grow and so on. US is not interesting for China as market anymore.
Africa, Middle East, South America - much more customers, order of magnitude larger market. And they have resources China need. All China need to do to make people from that countries China's customers is to rise their prosperity. Create jobs, provide machinery needed to extract resources, pay for resources. And China gets 3-5B customers.
Guess, what China, being communist, will choose - declining US market with 300M customers max or growing market of 3-5B customers, who, meanwhile, will not constantly lecture China about "freedom", "human rights" and "democracy"?
China used US to rise production and acquire technologies. Now US is just useless for China.
China is not some US European vassal. You can't just apply western pattern of behaviour to them.
I referred to the widely used label. The point was that China is out of Western schemes of society and behaviour.
Really it is interesting question, what China really are. You are trying to describe them using Western terms, so you missing a lot. You are close, but not there. IDK, may be China kind of "hiveocracy" :) It includes some things from national socialism and technocracy, but that terms are not complete.
No. You forgot that not so long ago half of world was socialistic. Socialism have nothing to do with that stupid concept of money as debt. It works differently.
Thing that NWO probably building is more close to socialism.
Without a good credit rating
Nobody cares about that rigged and politicised "credit ratings" anymore.
It global trade would grind to a halt.
Why do you care about global trade if you already have nothing to sell?
Forget all that stupid economy theories you learned in school. They never worked, do not work and will never work. It is even not a mockup of science, it is something like astrology or palmistry. It was used to fool people into giving up control and power to shady elites who never played by that stupid gobbledygook you account as financial knowledge.
Why do you think, that there is only two options - "debt based" or "barter" economy?
As for barter economy, today there is no technical problems to establish worldwide barter of enormous complexity. Really there is no even actual need for money. Whole system coud be just solved mathematically without introducing excess variable named "currency" with its "black box" feature.
There are also other options, and many are better than debt based currency system.
All China need to do to make people from that countries China's customers is to rise their prosperity. Create jobs, provide machinery needed to extract resources, pay for resources. And China gets 3-5B customers.
The West has tried and failed with that for decades. How will China succeed?
No, it is what happening in reality. Pretty obvious, really if you are attentive to details.
West elites can't imagine international relations without colonialism where they are higher beings who dominate, guide and rule.
Inbreed western aristocracy had to be exterminated. They are the main source of the problems in the world. Sometimes looks like they fuck up even their masters plans, with that insane combination of arrogance, ignorance and stupidity.
Then there will be no any problem to name the countries that was/is China colonies. With China bureaucrats, China laws, China military, Cina resource stealing and so on.
heh, little gumby on his island of dreams coming up with this laughable stuff.
This is a ridiculous plan that would not even work, it is like you do not understand how the usd is used what a reserve currency is, nor do you understand debt.
You are not an economist, you will never be a real economist, you lack basic skills such as counting and simple math operations and basic formula. You cannot divide, you cannot even add.
I would start you off, who buys us goods and what are they?
Do exports matter? Do imports matter? Why do people use this money?
Does china have any economic power? Do they trade with the world? Which parts?
I feel like there's a clause in the Constitution that says the foreign debt cannot be canceled. This might indeed be their route but it will cost us a revolution and a rebrand. Which is probably why they have been trying to make our "brand" so degenerate, so that when we snap into Dr. Pepper Presents: USA2.0, we won't long for the old country.
Exactly. IF. Big IF.
Your projection of western mentality to other civilizations doesn't help, really.
Remember? - China are comunists. What communists think about money? You definitely should know that.
China will use US debt against US. At time they choose.
As for market for their goods, don't you see that China is creating that market for themselves around the world. What US could offer from the point of view of market? Miserable 300M customers. And that's all. This market is already full, and there is no any chance it will grow. And China now have not only home appliances and smartphines to sell, but also cars, planes, machinery and so on. How US looks like as a customer for that Chineese goods? Like nothing. Americans hardly will buy cars of Chineese brands, and US airlines are not taking places in line to order Chineese planes.
So US is exhausted as market for China. No perspective, no place to grow and so on. US is not interesting for China as market anymore.
Africa, Middle East, South America - much more customers, order of magnitude larger market. And they have resources China need. All China need to do to make people from that countries China's customers is to rise their prosperity. Create jobs, provide machinery needed to extract resources, pay for resources. And China gets 3-5B customers.
Guess, what China, being communist, will choose - declining US market with 300M customers max or growing market of 3-5B customers, who, meanwhile, will not constantly lecture China about "freedom", "human rights" and "democracy"?
China used US to rise production and acquire technologies. Now US is just useless for China.
China is not some US European vassal. You can't just apply western pattern of behaviour to them.
I referred to the widely used label. The point was that China is out of Western schemes of society and behaviour.
Really it is interesting question, what China really are. You are trying to describe them using Western terms, so you missing a lot. You are close, but not there. IDK, may be China kind of "hiveocracy" :) It includes some things from national socialism and technocracy, but that terms are not complete.
No. You forgot that not so long ago half of world was socialistic. Socialism have nothing to do with that stupid concept of money as debt. It works differently.
Thing that NWO probably building is more close to socialism.
Nobody cares about that rigged and politicised "credit ratings" anymore.
Why do you care about global trade if you already have nothing to sell?
Forget all that stupid economy theories you learned in school. They never worked, do not work and will never work. It is even not a mockup of science, it is something like astrology or palmistry. It was used to fool people into giving up control and power to shady elites who never played by that stupid gobbledygook you account as financial knowledge.
Why do you think, that there is only two options - "debt based" or "barter" economy?
As for barter economy, today there is no technical problems to establish worldwide barter of enormous complexity. Really there is no even actual need for money. Whole system coud be just solved mathematically without introducing excess variable named "currency" with its "black box" feature.
There are also other options, and many are better than debt based currency system.
The West has tried and failed with that for decades. How will China succeed?
The West build military bases and extracted wealth. China building schools and hospitals and leave the wealth in country to create customers.
Is that what you learn in school in Russia?
No, it is what happening in reality. Pretty obvious, really if you are attentive to details.
West elites can't imagine international relations without colonialism where they are higher beings who dominate, guide and rule.
Inbreed western aristocracy had to be exterminated. They are the main source of the problems in the world. Sometimes looks like they fuck up even their masters plans, with that insane combination of arrogance, ignorance and stupidity.
China is literally built upon colonialism.
Then there will be no any problem to name the countries that was/is China colonies. With China bureaucrats, China laws, China military, Cina resource stealing and so on.
So name China colonies.
Tibet, you retard.
And then there is this of course.
https://en.wikipedia.org/wiki/Ten_Great_Campaigns
I'm not surprised that a Russian denies this kind of colonialism. Your country was cobbled together in a similar fashion.
Slightly unrelated to your main point…
But I once met an executive in ESG that was part of the davos crowd.
It was a revealing conversation. These people literally laugh at us in the US for arguing about trannies constantly.
It’s a totally artificial wedge issue and the elite are more than satisfied with the results.
It’s not that we’re weak for the trannies. We’re weak because we allow our focus to be dictated like stupid cats and a laser pointer.
It’s astounding when you think about it.
Controlled opposition is really a bitch.
heh, little gumby on his island of dreams coming up with this laughable stuff.
This is a ridiculous plan that would not even work, it is like you do not understand how the usd is used what a reserve currency is, nor do you understand debt.
You are not an economist, you will never be a real economist, you lack basic skills such as counting and simple math operations and basic formula. You cannot divide, you cannot even add.
I would start you off, who buys us goods and what are they? Do exports matter? Do imports matter? Why do people use this money?
Does china have any economic power? Do they trade with the world? Which parts?
Russia and China have been peddling THE END OF THE DOLLAR narratives for literally decades.
I'm not holding my breath.