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https://sputniknews.com/business/202006091079568278-will-china-finally-offload-its-hefty-us-debt/
If China really does it.
If China really does it.
Your CPF is F*cked
- Thread starter Loofydralb
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That all be a declaration of war.
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1 trillion is nothing compared to what they used to own....looks like China really is getting stronger and unloading it's worthless greenbacks over the years.
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China still need to replace the USD reserve with another asset.gold maybe.
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Don't think there's enough gold in the world to make up 1 trillion dollars.....and the us stock market alone is like 17 trillion dollars.....and bond market maybe 50 trillion....
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certainly not camel shit
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Sputnik is actually 2nd rated unofficial Russian mouthpiece.
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prc is buying and hoarding gold in order to unload usd.
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Funny - was reading the Americans may cancel the Chinese T bills for COVID 19. If they do celebration time. The Russian spin is the other way around. Either way, if its bad for China that means its good for us so good news.
China is not your friend
China is not your friend
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Which is far more reliable than CNN, FoxNews, BBC...
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Celebration time?if they dare to cancel China's t bills,they will instantly lose trust in their debt instruments.....it would be like commiting economic suicide putting the gun in ur mouth and pulling the trigger......people would be afraid to hold ur debt,there would be a stampede to unload treasuries.....the market would crash by 50 to 70 percent.....knowing u could renege on ur debt anytime..... especially to the world's second largest economy.....
And the bond market is no joke....there's like 1.5 trillion USD in circulation and like 20 to 30 trillion dollars worth of US treasuries......America depends on her ability to borrow money....China losing 1 trillion is nothing......ur 30 trillion bond market collapsing...
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I disagree. If the US does cancel China's debt we don't see Japan and the Europeans loosing faith because its about China here and not financial fundamentals. If you look at the markets its incredibly oversubscribed with the 10 year still below 1%. Remember the dollar is the reserve currency so they have options here no other nation in the world has. That is why America is #1.
And so if they cancel it - celebration time
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So u are using the markets in real life now where it's oversubscribed to support a hypothetical scenario where USA does default on its debt.....
It's kinda obvious u have no clue what it talking about and u have probably not owned a single financial instrument in ur life or even loaned people money.....or participated in the market
Money based on trust and that trust evaporates more easily than trust in ur colleagues won't screw u over at the first opportunity.
If USA is so confident about its dollar.....why don't they choose to default on some of its debt rather raising it's goddam ceiling every 3 years or so....do u know what happens to countries and companies that default on their debt?I can assure u it's not very pretty.
U think when it comes to money people put their money according to their ideological fantasies and whose cock they suck?when it comes to money people are the most objective.....even if CCP is the most evil empire in the world,if that's where the money's at....I don't care if ur gold certificate is issued by the nazi regime if Hitler is financially solvent.....but if u can't pay ur debts u are suspect!!!!!!
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Ah I see, the problem here. You are jealous. You cant accept America's greatness nor the trust we place in the world's most powerful nation in the modern era of mankind. Its been the ruler of the world for 75+ years after all.
You cant accept that America holds all the cards here, and call it a "default" when its not that at all. Should it happen, it would be a specific cancellation aimed at one party, not an inability to pay. And why will they cancel it? Its COVID related. I admire America - remember they are king not China - here because if they do it, the Chinese will suffer the consequences of their actions. You are jealous about it because you wish others had this power that America has.
Apparently you too cant accept that American Treasuries are the safest investment in the world. Why not email all the governments in the world and ask them to stop buying? Oh wait the Fed is American so that wont work. And if you are jealous of the current interest rates in America, well - sorry but America is once again king. And look, it seems the world and markets agree.
But wait - you still cant accept it - debt ceilings ? America's low debt to GDP at 110% is an issue? Really? I suppose Japan's and China's at 250% and 317% is kosher?
And since I seem to know nothing about the markets I'll just email my broker at Schwab and let him know - you see the past years has been very very good to me. No doubt you would be jealous but I am thankful to America and her greatness.
Jealousy will get you nowhere
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Haha bro you don’t know what you are getting into trying to rationalize with a delusional cum fanatical American supporter. US is truely smart. Just dump a green card to the fella and he will be loyal to you like a good dog.
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China troll, next time when you logout to switch your nickname, you have to remember to log back in. This is not China, government do for you one. So when you just posted some pro China nonsense as "winnipegjets", remember to logout when you log back in as "tanwahtiu" after complain and defend China for no reason, remember to logout. Otherwise captcha come and get you. Oh did you know captcha owned by google, American company? Funny, huh? Next, log out and remember to log back in as "Lord Elrond" after post some more China got US Treasury fake news, remember to logout otherwise - you know - captcha come and get you again. This time remember to log back in as "LaoTze" otherwise - can you guess?
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i have never seen people type so much nonsense and stupidity and nothing relevant to the subject at all in a single post..........
email all the governments in the world and ask them to stop buying?u want other countries to stop buying ur bonds and lending u money?lol........
jealous of the current interest rates.......which is like currently less than 1% or close to zero?
u are damn right america is king at that......nvm interest rates are non existent.....the fed is busy printing like crazy......no wonder governments are dumping like crazy.....
not sure where u get that 317% number from........china debt to gdp ratio is nowhere near 300 percent.
edit: oh ok i found an article stating china's total corporate household and government debt is 300 percent of gdp......using that same retarded guage.......total USA total corporate household and government debt is 2000%........pretty damn kosher if u ask me.
