And as that currency falls to the dollar because the issuer does not and cannot pay it's debts? And as the nations of the world depend on western weapons and must pay for them in dollars? You've actually made my points really clearly without making a point yourself.
Proud of you!
The US pays it's bills. China defaulting devalues it's currency, making payment necessary in dollars. The US has a hard limit on how much yuan it will exchange for dollars to prevent a run on the currency. China cannot get enough dollars to pay the bill, while the US is the one country in the world to which China can't just say "lol no." Assets will be forfeit or one sided deals favoring the US will come out of this. The devaluation of the primary currency of a major trade partner means their goods cost less and their interest increases
I'll wait while you source your info, since I sourced mine. You can respond to: fighting the US, China's financial position in the world and their international debt, or just how you believe China can protect assets on another continent. Go ahead.
It's nice you think I'm American. Throw me some more emojis to try to make your points really stick.
I guess you missed the news story about China defaulting on $1 trillion in US debt?
He has finally taken the hobbits to Isengard
It could also rhyme with Blamazon
If reincarnation is real, I want to be reincarnated as a beloved house cat in a warm climate
The gray area where I live is that streaming is not piracy. I didn't pay for it, but I also didn't retain a copy.
Putlocker and Wootly were my go-to spots in college because I wouldn't get a piracy warning from my internet provider.
If there are better places these days, please let me know. I miss seeing new movies the same day they hit the digital marketplace
I don't want a boat. I want a friend with a boat. I don't want a pool. I want a friend with a pool. Both are expensive money pits.
What do the pillars of the earth stand on?