China never agrees anything yet. But if US claim they will never involved in war between China, Taiwan, Japan, Australia and say good luck to them. I am sure China will be more willing to buy US debt.
The United States is heading for a cliff -- and taking the world with it -- • US govt. will run out of money by Oct. 18, Treasury Dept. says
- Thread starter Titanium100
- Start date
US has to cutt military budgets which is 760 billions Atleast half of itBiden shall not take up this US presidency. This hotseat will go down as the era of US economy bankruptcy. Shall have let Trump win and let him leave a major mark in history of US.
-US need to declare Taiwan need to fight on its own for independent. No US forces will involved even if China invade Taiwan.
-US need to stop navigation of freedom in SCS and not to involved in any conflict between spratly island.
-US need to stop provoking into XInjiang issue.
-US need to stop sanction on Huawei and any other Chinese companies.
Except none of this would be acceptable to the US deep state because they are predatory psychopaths who are incapable of agreeing to a fair deal in good faith.
MH.Yang
SENIOR MEMBER
- Joined
- Jul 21, 2021
- Messages
- 6,679
- Reaction score
- 2
- Country
- Location
To solve US inflation, China needs to over issuance trillions of CNY. Can Meng Wanzhou exchange it?
Meng Wanzhou is just one of the first list. Only after completing the first list, China will agree to start negotiations the conditions in the second list with the USA.
In fact, Chinese also don't want the USA to fall so soon. We have trillions of dollars in foreign exchange and US debt, and we are not ready for the collapse of the dollar system. If the USA shows sincerity, China will save it.
The chaebols on Wall Street have no nationality. They are chaebols in the USA, but they go to Europe and even China&Russia, they are still chaebols. For Wall Street, the USA can perish, but their wealth must not perish. Their luxurious life is very valuable, so they think differently from American street tramps.
Last edited:
MH.Yang
SENIOR MEMBER
- Joined
- Jul 21, 2021
- Messages
- 6,679
- Reaction score
- 2
- Country
- Location
CCP did not intend to solve the Taiwan issue so soon. At present, public opinion in Taiwan does not favor us. If we take back Taiwan now, we will only take back a burden. We will patiently wait for the new generation of Taiwanese deeply affected by PRC to grow up.
As for the South China Sea and other issues, they are political shows and will not harm China's interests, China is not interested in intervening.
China's demands will be closer to the economy and geopolitics, because the CCP never needs a political show.
Titanium100
SENIOR MEMBER
- Joined
- Mar 1, 2019
- Messages
- 7,772
- Reaction score
- -10
- Country
- Location
Lol. Unless you want to become a US pectectorate but the question is against WHO?` China is a rival power that seeks to overtake them so all these lines will never come to play and honestly I doubt the chinese would want to bail them out the Chinese seek nothing from the US except a full world hegemony. They would do everything they can do sink the ship further and grab things without them. The US is an old element many nations want the beginning of a new dawn without them China being at the fore-front of these nations
Clutch
ELITE MEMBER
- Joined
- Aug 3, 2008
- Messages
- 17,011
- Reaction score
- -3
The United States is heading for a cliff -- and taking the world with it
Analysis by Stephen Collinson
Updated 1915 GMT (0315 HKT) September 28, 2021
The Capitol seen at dawn on Monday, Sept. 27, 2021.
This story was excerpted from the September 28 edition of CNN's Meanwhile in America, the daily email about US politics for global readers. Click here to read past editions and subscribe.
(CNN)It's a game of chicken with the global economy.
The United States is heading for a cliff over the need for Congress to lift the ceiling on how much the US government can borrow. If things go wrong, the reverberations will be felt far beyond US shores.
Since the US government spends more than it takes in through revenues, a debt default would force it to stop paying out — so military salaries, government retirement payments and other benefits would dry up. And if the US can't pay interest on its debts, the rates it pays to borrow money will probably rise — meaning that mortgages, car loans and credit card bills would also go up. Millions of Americans would probably lose their jobs and the slowing pandemic recovery would crash. Since the stability of US debt is the bedrock of the global economy, a default by Washington could plunge the rest of the world into crisis.
The unthinkable nature of these consequences is why Washington's warring politicians, generally after a period of brinkmanship and concession wringing, generally bite the bullet and vote in the dead of night to raise the debt ceiling. But this time is different.
Republicans are refusing to play ball because they say President Joe Biden's Democrats are on an-out-of-control spending spree that will balloon the national debt — currently standing at nearly $29 trillion. Their position is deeply hypocritical. For a start, Democrats voted with the GOP multiple times to raise the debt limit under Republican presidents. But more than that, the debt limit must be raised to pay for obligations that the Republicans themselves incurred by voting for massive tax cuts that favored the rich under then-President Donald Trump. It's as if the country went on a tear in Las Vegas for a week and refused to pay the credit card bill.
But Republicans want to wash their hands of the responsibility and accuse Democrats of bankrupting the country, as Biden pushes a $4 trillion bid to reshape the economy to help less well-off Americans. Because so much is at stake, they know that the Democrats will have no choice in the end but to pass the debt limit increase on their own -- and pay the political price.
'We have, frankly, nowhere else to go'
"Governments acting alone cannot overcome the problems facing our world," Canadian Foreign Minister Marc Garneau told the UN General Assembly on Monday, drawing on his own bona fides as former astronaut to make his point. "I have realized... that we all come from the same place and that we have, frankly, nowhere else to go, and that we must find a way to get along with each other," he said. "Space offers the unique perspective of seeing beyond one's own national borders."
The United States is heading for a cliff -- and taking the world with it | CNN
It's a game of chicken with the global economy.edition.cnn.com
Won't happen. The USA can never run out of money.... It's a Fiat Currency Federal Reserve (scam) system.... They will just print $100 Trillion more by punching a keys on the keyboard.
. Viola.
Money money money...
It's all fake..
As long as it's the Global Reserve Currency....
Yes China will. It has no choice. If the Dollar collapses so too does the rest of the world including China... And China has a Billion mouths to feed.
The Dollar Scan will continue... Don't worry.
Clutch
ELITE MEMBER
- Joined
- Aug 3, 2008
- Messages
- 17,011
- Reaction score
- -3
They can increase the debt ceiling to infinity.... It doesn't mean anything. $20 trillion or increase to $30 trillion...
It's like if I was personally in debt say $20 billion .... Does it really matter if I increase the debt to $30 billion???... No... Because I wouldn't be able to pay off the $20 billion even 10 lifetimes!....
So as long as it's allowed.... I can keep on adding debt if there is no real consequences... Of course I am not a Federal Reserve Bank.... So its "illegal" for me to do so...
It's like if I was personally in debt say $20 billion .... Does it really matter if I increase the debt to $30 billion???... No... Because I wouldn't be able to pay off the $20 billion even 10 lifetimes!....
So as long as it's allowed.... I can keep on adding debt if there is no real consequences... Of course I am not a Federal Reserve Bank.... So its "illegal" for me to do so...
Battlion25
SENIOR MEMBER
- Joined
- Jul 18, 2021
- Messages
- 2,972
- Reaction score
- -5
- Country
- Location
This is quite dangerous development what is even more worrying is that if they go the world will go with them.. Damn!!!! You Americans. I've got 2 wives and houses plus cars and good life in the lovely outshirts of Islamabad suburbs I can't let all that vanish just because you happened to fail to pay or clear your depts on the otherside of the world.
I guess the World will prevent this stuff and no I disagree as someone said china can't reverse this alone no not at all but the whole world. The The Gulfies, Indonesia, China, Malaysia, Japan, EU, Australia, South Korea, Egypt, Turkey, India, Russia and Asean etc etc will have to pay it from their pockets to keep this bubble continue. We have no alternative in place and that is our fault and if god forbid the US takes the fall and we will follow suit the blame is more on us than them because we could have put alternatives in place instead of going down with the US all of US collectively
I guess the World will prevent this stuff and no I disagree as someone said china can't reverse this alone no not at all but the whole world. The The Gulfies, Indonesia, China, Malaysia, Japan, EU, Australia, South Korea, Egypt, Turkey, India, Russia and Asean etc etc will have to pay it from their pockets to keep this bubble continue. We have no alternative in place and that is our fault and if god forbid the US takes the fall and we will follow suit the blame is more on us than them because we could have put alternatives in place instead of going down with the US all of US collectively
Last edited:
serenity
SENIOR MEMBER
- Joined
- Jan 9, 2007
- Messages
- 2,102
- Reaction score
- -1
- Country
- Location
http://chinascope.org/archives/6458?fbclid
This American strategy is old news in CCP planning. Even informal lower level Generals have this briefing and can talk about it openly.
There is a limit to fractional reserve banking. It is hard to determine it since it is not exact science. However since there is finite resources and energy products and gold there is finite money. You cannot print your way out of the problem. Not even USA with the money scam and dollar hegemony. If they do, other countries will simply use Euros or RMB or their own currency if stable enough.
China also does not want to see sudden US collapse. It is a controlled disassembly otherwise shockwaves go everywhere and damage China's own interests too although not so much as the US of course.
This American strategy is old news in CCP planning. Even informal lower level Generals have this briefing and can talk about it openly.
There is a limit to fractional reserve banking. It is hard to determine it since it is not exact science. However since there is finite resources and energy products and gold there is finite money. You cannot print your way out of the problem. Not even USA with the money scam and dollar hegemony. If they do, other countries will simply use Euros or RMB or their own currency if stable enough.
China also does not want to see sudden US collapse. It is a controlled disassembly otherwise shockwaves go everywhere and damage China's own interests too although not so much as the US of course.
MH.Yang
SENIOR MEMBER
- Joined
- Jul 21, 2021
- Messages
- 6,679
- Reaction score
- 2
- Country
- Location
China has no choice? No, China has a choice. We can really wait for the economic crisis to break out, and we have enough ability to protect ourselves.
Now China is the only country without inflation and its currency is still appreciating. If Americans don't believe it, they can refuse our conditions, give it a try.
Clutch
ELITE MEMBER
- Joined
- Aug 3, 2008
- Messages
- 17,011
- Reaction score
- -3
China needs America just like a drug dealer needs an addict. China cannot survive if it doesn't have access to the American market. The American debt is holds is too import for it to turn to worthlessness. China has a Billion mouths to feed. If it's economy crashes it will be another revolution.
MH.Yang
SENIOR MEMBER
- Joined
- Jul 21, 2021
- Messages
- 6,679
- Reaction score
- 2
- Country
- Location
Foreign trade accounts for only 31.87% of China's GDP, and the USA only is China's third largest trading partner, accounting for 13.2% of China's total foreign trade. China does not rely on the US market.
China is indeed not ready for the collapse of the dollar system. If the dollar suddenly collapses, China does have trillions of dollars and US debt will become waste paper. But the world will also enter the multipolar era ahead of time, and China is not unable to accept this result. If the USA think that China dare not let the dollar system collapse, the USA can bet it. Do Americans dare to bet it? If don't dare, hurry up and complete the two lists of China.
Similar threads
