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By the PRC claiming the ROC is not legitimate, they are saying the debt belongs to mainland China. You answered your own question.
By the PRC claiming the ROC is not legitimate, they are saying the debt belongs to mainland China. You answered your own question.
Tankie is a pejorative label for communists and those who align with Marxism–Leninism ideology. More generally, the term “tankie” has been applied for those who express support for one-party socialist republics that are associated with Marxism–Leninism, whether contemporary or historical. And this is a communist communication platform. You absolute dunce.
You got a source stating this is not somehow China’s debt?
If you want to be laughably stupid, you gotta bring the sauce baby boo. I brought the sauce, how about you?
No don’t stop. This is the kind of nerd shit I’ve missed!
Ohh I love that song! Is that by Journey? Another thing from the US that was well ahead of it’s time.
Aww poor fella ran out of talking points. Nuts. I was having fun making you look stupid.
Investment is nice, but when the yuan is worthless to the euro or dollar it means that investment can be easily bought. China not paying on it’s debts means the banks of the world devalue their currency. That means China has no purchasing power.
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I don’t think you understand the premise. China cannot force payment. The US is doing it because they want the dollar to stay high. It’s pretty adorable that you think just not paying is a thing to any country. That’s been done: Greece, Zimbabwe, China in the 90s and it keeps turning out the same way.
China isn’t paying because they can’t afford to. Stealing isn’t a flex, buying a supercar is though (NGAD, Patriot missile system, worlds largest car carrier fleet, worlds largest and most numerous ballistic missile subs, etc).
I’ve seen graphs of the massive trade disparity between the US and China. If either side cut one off, there would be pressure to find replacement. It would be “cutting off the nose to spite the face.” So far the pressure to move to India has only really ramped up since the COVID pandemic. It takes a while to build factories and train workers
It won’t happen until there is a military clash between the two, which will end in respecting boundaries or WW3. China will fight to keep US industry from moving to a neighbor. If China wants to expand, they need capital.
And I will keep saying it: one side paying their debts while the other does not, is not some flex of power. It’s showing one side is a dependable ally and the other is not. This directly impacts their currency. If you think not paying debts to international debtors is important, I have a stack of trillion dollar Zimbabwe ZWD to sell you. They go for like $10 or €9.
You said it perfectly: the massive amounts of imports to the US from China are a driving force of China’s economy. The US has been in steady decline for two decades. China is on the rise because of their massive exports to the US and the EU. Without those, China tanks, same as the US. The US will consume, and China will produce. That is the stats quo.
US weapons are steamrolling the Russian army, without any US solders operating them. Ukraine is still gaining ground daily, on every front. Do you truly believe the US couldn’t roll through Russia the way Wagner did two weeks ago with only 25,000 troops? I said it earlier but I’ll say it again: Wagner is/was proud of the fact they used western arms and not Russian or Chinese. To say the US couldn’t take Russia is naive at best, downright false at worst.
China’s industrial power absolutely dwarfs both US and Russia, so US would have absolutely no hope if it ever came to a war with China.
Your hypothetical disregards the existence of NATO and Indo-Pacific alliances. Article 5: An attack on one is an attack on all. War between China and the US would be China Russia and N Korea vs the world. Be serious here. Do you think China by itself, or China with it’s “big” 3 allies could take Australia and the south Pacific states, nearly all of Europe (including states like Poland who are foaming at the mouth to inflict suffering on Russia), India, Japan, S Korea, and DEFINITELY the Philippines and Taiwan. Let’s not forget the massive military base on Guam.
But let’s dig deeper: the US has the most aircraft carriers in world, the most veterans who have seen combat, the most ballistic missile subs, the largest air force, the most military bases, and the US has bases in Korea and Japan for exactly the situation you described. China currently has no capability to project it’s military onto US soil. They wouldn’t be able to cross the Pacific, whereas the US is already in Asia. China is not good to it’s neighbors, and many have historical grievances as well as ongoing territorial disputes (off the top of my head: India and Philippines). War between China and the US would be WW3, which both sides are actively avoiding. Don’t say things like “US would have absolutely no hope if it ever came to a war with China” when you don’t seem to grasp that it would be China vs the entire planet, and the entire planet is better equipped and on their doorstep.
No, what has actually happened is that there are two world superpowers instead of one, each ruling their part of the globe, each dependant on the other to not drop the facade so they have an “enemy” to blame at home. To say either single country could take on the other is probably the worst argument you tried to make
The US economy wouldn’t collapse without China, nor China without the US. They are so heavily intertwined economically that both countries avoid trouble with the other because the impact would be enormous.
China has manufacturing power. US has trade alliances and military power. Neither can overcome the other in simple terms.
If the US pulled out of China, the pressure on their allies to stop business with China would be the halting of sales of arms and support. Those F35’s require specific maintenance supplied by the US.
If China pulled out of the US, the pressure would be on US soil to bring prices of commodities down.
China is a cheap source of labor to the US, but so is India. Much of US tech support and manufacturing is moving to India anyhow because much of the educated population speaks English due to British colonialism. Over time, things would equalize and the new status quo would emerge. NEITHER country would cease to exist, and neither would acknowledge the growing pains.
I think the point has been lost. The US not dealing with Russia hasn’t impacted the US beyond fuel prices. The US not dealing with China would result in some commodities becoming more expensive and production being further moved out of China, at which point the price of commodities would come back down.
India wants to be the next China, and they hate China. That’s where most US technical and manufacturing has been moving.
The US pays it’s debts. China does not. That was made clear by both you and myself. I guess I’m not sure what you’re trying to say.
You acknowledged that China does not pay, and cannot be held to account. That’s where asset seizures and one sided trade deals happen, as forms of payment.
You acknowledged the US does pay. And continues to pay. And has never defaulted. And is the preferred international business currency.
So what is your point? Are you just speaking to hear yourself?
Is this just hyperbole?
There are a ton of planes that have fallen into the sea, since planes were first put on ships. The one you’re talking about fell off a flight deck, not fell out of the sky. There was a B2 bomber that crashed, too. That happened on US soil. Embarrassing.
The US has the Mach 20 AGM-183A. They also have laser weapons and the NGAD fighter already in the sky. They had the Predator drone in use in the Gulf War in the 90s, but revealed it to the public in the 2000s and retired it by 2018.
Everything I’ve said is freely available on Wikipedia.
Give in. Come to the dark side
China needs buyers. If the US stopped buying from China, it would be the same situation in China. Their economies are so intertwined that a war between them, even just financially, would ruin both
Oh the US is, absolutely. But they’re also the biggest war machine, and they make you pay those weapons in USD which keeps them on top. It’s USD or one sided trade deals, which bring more USD.
As long as there is an enemy, on paper or real life, both sides want US munitions and tech. Wagner, for example, is/was quite proud of the fact they used western tech and firepower. China is quite proud of the fact they are developing their own version of the Patriot missile system, F35, and Littoral Combat ship after that information was taken by hackers. It might not be popular, but US war tech and tactics are cutting edge. So much so, even the countries that openly despise the US have to use their tech, paid for in USD
Asking for proof isn’t necessarily trolling. Someone making wild claims should have to source their knowledge