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Title: Why would China Post by: vite on May 07, 2013, 03:29:24 PM Want to debase the USD if they own debt denominated in USD.
It would render all their investments worthless and that is about 1.2 trillion USD in investments. China has deep pockets but debasing a currency that you of which you own so much of would not be practicle. Title: Re: Why would China Post by: Lethn on May 07, 2013, 03:33:08 PM *facepalm* People need to read up on economics :)
If they could debase the USD quicker then that would mean the USA's infrastructure would all collapse and the Chinese could buy everything up that isn't government owned, it'd be the equivalent of an all out invasion but without the guns, everything would become far cheaper for them to buy and they could get all the physical stuff because the U.S would be forced to sell to them at a cheaper price. Title: Re: Why would China Post by: ElectricMucus on May 07, 2013, 03:35:12 PM That scenario assumes the US would default on the debt.
Title: Re: Why would China Post by: crumbcake on May 07, 2013, 04:18:25 PM That scenario assumes the US would default on the debt. *facepalm*...He's banking on the simple fact that opening with *facepalm* makes any argument irrefutable. *facepalm* *facepalm* Title: Re: Why would China Post by: Phinnaeus Gage on May 07, 2013, 06:23:43 PM That scenario assumes the US would default on the debt. *facepalm*...He's banking on the simple fact that opening with *facepalm* makes any argument irrefutable. *facepalm* *facepalm* http://www.jonathoncolman.org/my-content/uploads/triple-facepalm.jpg Title: Re: Why would China Post by: Lethn on May 07, 2013, 07:53:45 PM That scenario assumes the US would default on the debt. *facepalm*...He's banking on the simple fact that opening with *facepalm* makes any argument irrefutable. *facepalm* *facepalm* Oh no! You've thwarted my point with sarcasm and irrelevant attacks on the way I've posted! There are two main options that America has when it comes to keeping the dollar, default on their debt or try to hyperinflate their way out of the problem which as we've seen with other countries who have tried hyperinflation it doesn't work. So therefore their only real option is to default on the debt, you could of course try austerity, but good luck staying in power with a huge percentage of the country wanting your head for selling them out. I'm terribly sorry if I've hurt the feelings of any American Imperialists lurking on these boards by telling them the truth because I know they're out there. Title: Re: Why would China Post by: airdata on May 07, 2013, 09:14:13 PM That or simply an act of war.
Title: Re: Why would China Post by: crumbcake on May 08, 2013, 12:36:48 AM That scenario assumes the US would default on the debt. *facepalm*...He's banking on the simple fact that opening with *facepalm* makes any argument irrefutable. *facepalm* *facepalm* Oh no! You've thwarted my point with sarcasm and irrelevant attacks on the way I've posted! There are two main options that America has when it comes to keeping the dollar, default on their debt or try to hyperinflate their way out of the problem which as we've seen with other countries who have tried hyperinflation it doesn't work. So therefore their only real option is to default on the debt, you could of course try austerity, but good luck staying in power with a huge percentage of the country wanting your head for selling them out. I'm terribly sorry if I've hurt the feelings of any American Imperialists lurking on these boards by telling them the truth because I know they're out there. So this is the thanks i get for sending you a dollar a month through the Christian Children's Fund for all those years. Well, hello again from America, bubby!!!http://s20.postimg.org/994pepvzx/aaaaaaa.jpg (http://postimage.org/) What happened to all the personal letters i was promised! Well, I'm not one to stay mad. I can't even think back to which God-forsaken backwater country you're from, boy. I kept tabs for a bit, but you pesky for'ners all sort a' blend into one after a while--with your dirty looks and heathen ways, the way you yap yap yap all that Godless Commie nonsense-babble? Can't make no sense of it but i know it just can't be any good! If you've missed out on our world-renowned "Learn How To Freedom!!!(tm) Podunk Nation Building & Banana Republic Assistance" charity drive, or are running out of condoms, 90s porn mags & tinned beef left behind by the latest colonial oppressors who abandoned you, NOT A PROBLEM! Just post your full address below, and we'll send you rusty metal scraps to turn into your charming native crafts & sell back to us (no one in the civilized world (USA!!!) bothered to learn names & locations of your irrelevant (outside of USA) country--include the GPS coordinates!) (No, really, sarcasm is all you get.) -Running Dog Imperialist jr. |
