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krodmandoon
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September 26, 2014, 06:34:19 PM |
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they'll stop loaning the money when Americans stop shopping at Wal-Mart. As long as we buy thier imports they'll loan us the money because thier govt can control thier rate of growth in thier favor (cool thing about single party dominance).
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Robert Paulson (OP)
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September 26, 2014, 07:27:44 PM |
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they'll stop loaning the money when Americans stop shopping at Wal-Mart. As long as we buy thier imports they'll loan us the money because thier govt can control thier rate of growth in thier favor (cool thing about single party dominance).
they can stop loaning anytime they want, they are basically holding a sword over americas head.
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krodmandoon
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September 26, 2014, 08:24:53 PM |
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if they stop loaning, we stop borrowing, we stop spending, they stop selling. End result, if they stop loaning us money to buy stuff then they won't be able to sell us stuff because we won't be able to buy it.
us govt stops borrowing and looks inward for income...taxes go up. taxes go up.....little guy spends less on stuff he doesn't need. little guy spends less on cheaply made chinese goods.....manufacturer of cheaply made chinese goods loses money. manufacturer of cheaply made chinese goods loses money...chinese govt loses money.
pretty simple really
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waterpile
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September 26, 2014, 10:51:50 PM |
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So, it seems this is the reason why China has no fear in claiming some territories from its neighbour. WW3 is really coming
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Robert Paulson (OP)
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September 26, 2014, 11:56:26 PM |
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if they stop loaning, we stop borrowing, we stop spending, they stop selling. End result, if they stop loaning us money to buy stuff then they won't be able to sell us stuff because we won't be able to buy it.
us govt stops borrowing and looks inward for income...taxes go up. taxes go up.....little guy spends less on stuff he doesn't need. little guy spends less on cheaply made chinese goods.....manufacturer of cheaply made chinese goods loses money. manufacturer of cheaply made chinese goods loses money...chinese govt loses money.
pretty simple really
how about they stop loaning and instead take the money they currently loan to America and use it to buy their own goods for themselves. that way they don't stop selling, they spend the same amount of money, they get all the goods only the deadbeat USA doesn't get any freebies anymore.
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vitaminwater
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September 27, 2014, 03:30:32 AM |
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Trading>borrowing every fucking time
It took them a long time to realize even communists understand the value of money, lol, imagine
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CryptoCarmen
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★Bitin.io★ - Instant Exchange
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September 27, 2014, 12:03:46 PM |
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That is way of life. Borrow more to pay of old debts.
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yayayo
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September 27, 2014, 12:50:43 PM |
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America is a debt slave, but the problem for the slave masters (the creditors) China and Japan is that the debt position is extremely large. So the slave masters have to care that the slave does not collapse too soon, because it would have negative consequences for them.
China is already diversifying to get rid of US debt (government bonds), but they must do it very slowly, otherwise the market for US debt enters panic selling mode.
ya.ya.yo!
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dynamox
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September 27, 2014, 01:43:40 PM |
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For sure, USA and EUR will shrink to the mindless capitalistic of China. These people never get tired of working, or are we supossed to compete against these working drones? We can't, thats why an intelligent person is already looking for ways to store their wealth in places that will be safe and will go to Jupiter long term, aka gold and Bitcoin.
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Febo
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Activity: 2730
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September 27, 2014, 09:07:07 PM |
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For sure, USA and EUR will shrink to the mindless capitalistic of China. These people never get tired of working, or are we supossed to compete against these working drones? We can't, thats why an intelligent person is already looking for ways to store their wealth in places that will be safe and will go to Jupiter long term, aka gold and Bitcoin.
About 10 years ago i was working on a cruise ship. There was people from all over the world. Not from all countries, but from many all around. I was bar waiter, so we basically all worked for ourselves. Sell as much drink to get 15% tip out of it. plus try to get as much extra tips as possible. There was no real difference among different nationalities how much people worked. There were just some that made more, and some less. So believe me, if you are from Finland, that dont mean you can drink 1 litter of vodka easily. There are also people from China that can do that and from Australia. About same %.
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redhawk979
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September 27, 2014, 09:41:24 PM |
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While the US does have an enormous amount of debt to these countries, you left out the fact that they also owe us a gigantic debt which doesn't get factored into the "we owe people money!!@!@!2121" equations. We've loaned trillions to China, Japan and other countries.
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Robert Paulson (OP)
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September 27, 2014, 10:09:06 PM |
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While the US does have an enormous amount of debt to these countries, you left out the fact that they also owe us a gigantic debt which doesn't get factored into the "we owe people money!!@!@!2121" equations. We've loaned trillions to China, Japan and other countries.
i didn't leave that "fact" out. http://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htmthat's the US assets minus liabilities in relation to the rest of the world, the US has a net debt of 5.4 trillion USD.
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Lethn
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Activity: 1540
Merit: 1000
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September 27, 2014, 10:39:51 PM |
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While the US does have an enormous amount of debt to these countries, you left out the fact that they also owe us a gigantic debt which doesn't get factored into the "we owe people money!!@!@!2121" equations. We've loaned trillions to China, Japan and other countries. America hasn't loaned other countries 'money' they've loaned them government bonds and paper money which are worthless, China in particular has been quietly buying up lots and lots of precious metals for a long while now, while Americans have been arrogantly doing nothing, convinced in the superiority of their dollar.
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marryXmas
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September 29, 2014, 03:53:55 AM |
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While the US does have an enormous amount of debt to these countries, you left out the fact that they also owe us a gigantic debt which doesn't get factored into the "we owe people money!!@!@!2121" equations. We've loaned trillions to China, Japan and other countries. America hasn't loaned other countries 'money' they've loaned them government bonds and paper money which are worthless, China in particular has been quietly buying up lots and lots of precious metals for a long while now, while Americans have been arrogantly doing nothing, convinced in the superiority of their dollar. China is using dollars to buy things like gold, which is traded in terms of dollars. They are still, for the most part, relying on the dollar for the majority of their assets. China is also a net creditor to the US in the amount of Trillions of dollars
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DhaniBoy
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September 29, 2014, 07:43:34 AM |
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in fact it has become common knowledge, the actual loan china and japan to america is to protect the economic interests of china and japan in America, America as world policeman of course, always requires huge funds for the security of the world, it can be taken from the loan .. . so in fact these loans only as a mask just to cover the actual cover, namely security fund for the benefit of each country ...
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2dogs
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Activity: 1267
Merit: 1000
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September 29, 2014, 07:55:11 AM |
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The US is paying back with inflated dollars, meaning the dollars paid back are worth less. Another possibility for the future, the US could always just default. What would China do?
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prophetx
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Activity: 1666
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he who has the gold makes the rules
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September 29, 2014, 08:56:51 AM |
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The US is paying back with inflated dollars, meaning the dollars paid back are worth less. Another possibility for the future, the US could always just default. What would China do?
US will never default, they will just inflate the $ if they have to.
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Lethn
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Activity: 1540
Merit: 1000
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September 29, 2014, 01:12:24 PM |
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While the US does have an enormous amount of debt to these countries, you left out the fact that they also owe us a gigantic debt which doesn't get factored into the "we owe people money!!@!@!2121" equations. We've loaned trillions to China, Japan and other countries. America hasn't loaned other countries 'money' they've loaned them government bonds and paper money which are worthless, China in particular has been quietly buying up lots and lots of precious metals for a long while now, while Americans have been arrogantly doing nothing, convinced in the superiority of their dollar. China is using dollars to buy things like gold, which is traded in terms of dollars. They are still, for the most part, relying on the dollar for the majority of their assets. China is also a net creditor to the US in the amount of Trillions of dollars That's like saying I'm relying on the pound to pay for education and Silver/Bitcoin LOL! No, it's shorting the currency, if all you're going to do is spend it and not hold for any long period it's obvious that it doesn't have any value, inflationary currencies don't encourage spending, they force people to spend because the purchasing power of the currency is being destroyed. The Chinese are preparing to dump the dollar which is why they're spending it on more worthwhile assets and if you seriously think the dollar is worth more than gold you need to go and check the prices lmao.
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2dogs
Legendary
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Activity: 1267
Merit: 1000
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September 29, 2014, 05:49:58 PM |
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The US is paying back with inflated dollars, meaning the dollars paid back are worth less. Another possibility for the future, the US could always just default. What would China do?
US will never default, they will just inflate the $ if they have to. Why not? Just tell the Chinese - FU!
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