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Posts: 153
In response to
"
"we declare all our debts with China null and void". good luck -- nm
"
by
America
yeah, the global financial markets would *love* that... -- nm
Posted by
znufrii
Jul 8 '14, 12:02
(No message)
Responses:
and why wouldn't they. Trillons of dollars just got freed up for America to buy shit elsewhere.
-
Beaker
Jul 8, 12:09
12
You talk like those dollars aren't generated by goods and services.
-
TWuG
Jul 8, 12:13
8
other countries would fill the void. America would be on a war footing. -- nm
-
Beaker
Jul 8, 12:16
7
American consumers won't be spending as much if there's a war. -- nm
-
Roger More
Jul 8, 12:34
Yeah, cause it's that easy to set up a manufacturing base. -- nm
-
TWuG
Jul 8, 12:28
5
so rol over and hsow China your belly? -- nm
-
Beaker
Jul 8, 12:29
4
I exist, you know! -- nm
-
Excluded Middle
Jul 8, 12:32
3
if China attacks America's Pacific Fleet and they don't go 100% balls to the wall after them, they deserve to get steamrolled -- nm
-
Beaker
Jul 8, 12:33
2
The point is that China has a lot to lose from a war with the US, and America has a lot to lose from a war with China.
-
Roger More
Jul 8, 12:47
"yes America I know we just killed thousands of your sailors in our unprovoked attack, but if you could pay us our debt payment that would be great" -- nm
-
Beaker
Jul 8, 12:39
Unless we unilaterally cancel the debt we owe you.
-
znufrii
Jul 8, 12:11
2
it is WW3. Countries would be picking sides and anyone who owed a shitload to China would be all over this. But again, who the hell knows what would
-
Beaker
Jul 8, 12:15
(not that there wouldn't be plenty of time for them to unload treasuries beforehand, driving interest rates sky high) -- nm
-
znufrii
Jul 8, 12:13
I'm sure they'd do backflips over WW3 -- nm
-
Beaker
Jul 8, 12:02
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