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posted ago by Bfaz +1381 / -0

For years CCP has been buying up americas debt from foreign interest groups.

Thanks to Trumps EO it could make all of it nullin void.

Just over $1 trillion. About 15% of total debt. Then sues for economic damage by China virus.

For years CCP has been buying up americas debt from foreign interest groups. Thanks to Trumps EO it could make all of it nullin void. Just over $1 trillion. About 15% of total debt. Then sues for economic damage by China virus.
Comments (64)
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82
Tokens_Worth 82 points ago +82 / -0

THATS BEEN "THE PLAN"
TRUMP is the MASTER of DEFAULTING LEGALY.
WATCH AND LEARN.

GOLDEN AGE OF AMERICA IS ON ITS WAY

22
newchina 22 points ago +23 / -1

👆👆👆👆👆

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TheFountainhead 40 points ago +41 / -1

China will not allow it without a fight, but I’m all for toppling the CCP. Let’s free China

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d_bokk 18 points ago +18 / -0

This wouldn't start a war, although an economic, cyber and diplomatic global conflict would ensue where each nation is forced to pick a side. And the only scenario where the US unilaterally settles the debt via lawsuits,etc would be if the US and China completely decoupled.

A lot of talks, and I mean a lot of talk, about decoupling from Europe to here over COVID-CHN...until late May when that POS overdosed on fentanyl.

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Diet_Loam 5 points ago +5 / -0

I’m sorry what are you referring to Europe decoupling from? I may have missed that

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d_bokk 8 points ago +8 / -0

Politicians and civilians across the western world were bringing up decoupling and suing China for their virus, until George Floyd thought he'd outsmart the police by swallowing a bunch of fentanyl.

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AedraLord 4 points ago +4 / -0

I don't understand the correlation.

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SlowTrafficKeepRight 6 points ago +6 / -0

Fentanyl Floyd's death gave the left an opportunity to redirect US attention away from the China virus and other nefarious things the CCP has been up to, instead driving social unrest and so on until after the election.

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d_bokk 1 point ago +1 / -0

All talk about China being the cause of the virus disappeared when Democrats and their media refocused on race riots, lies and socialism. Almost as if China and their useful idiots were looking for some felon to turn into a martyr to push this psyop on American voters to distract them by the ACT OF WAR committed by China that we never talk about anymore.

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TheTrooper424 1 point ago +1 / -0

This would make one badass television series one day. Gets my rockers off thinking about a war fought in the court room.

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T-Rex32 7 points ago +9 / -2

China has nukes as do we so we do not want a War with China. There will be a lot of room for negotiations if they don't want to starve to death.

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TheFountainhead 20 points ago +20 / -0

I was thinking we recognize Taiwan, then openly back the people of Hong Kong and use SpaceX new satellite array to provide free internet to China to expose the truth. Spark a revolution and sir back.

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deleted 4 points ago +4 / -0
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Conservativetim 5 points ago +5 / -0

Nuclear war isnt really of concern, with India, UK, USA and other world powers that are also nuclear.

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deleted 5 points ago +5 / -0
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T-Rex32 2 points ago +2 / -0

Lets hope not

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deleted 1 point ago +1 / -0
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VetforTrump2 1 point ago +1 / -0

China is weak compared to US even now.

3
wisconsheepgirl 3 points ago +3 / -0

China does not know how to fight. They know how to cheat, steal, deceive and blackmail. They will lose.

1
dixond 1 point ago +1 / -0

Three Gorges Dam creates the world's largest hostage situation. And the funny part is that, in its hubris, China did it to itself.

0
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TheFountainhead 0 points ago +1 / -1

That’s a cultural thing that has been perpetuated by the CCP because they want to avoid people having pets that further strain their food supply. Source: my Chinese buddy who fled China.

They also still deserve freedom, it’s the CCP that deserves death

1
borscht-nazi 1 point ago +1 / -0

I've lived among the chinese, out of a hundred, I'd say, one decent person existed. Fuck them with a tire iron, ccp or no ccp.

1
TheFountainhead 1 point ago +1 / -0

depends where they are from. China is like the former Yugoslav republic

11
Dride 11 points ago +11 / -0

THEORY: China has massive famine. We agreed to sell them food. However, the Wan is useless outside of China. Therefore, we will except either US dollars or debt remittance. - China's economy is false and rides on the purchase and sale of foreign debt, - mainly the US. This crashed their economy permanently since Communist economies are closed and can only rescind. Thus they put everything into this last push. Note the immediate trade deals post election day. Please input or correct.

11
Jemmy 11 points ago +11 / -0

China has massive famine. We agreed to sell them food.

Already found a problem in your logic. China doesn't give a fuck if 10's of millions of their own people starve.

https://en.wikipedia.org/wiki/Great_Leap_Forward#Famine_deaths

2
Dride 2 points ago +2 / -0

Correct, but it needs - some- amount of people to keep the gears turning. Its pretty obvious that covid became their (most recent) excuse to cull the population and route our dissidents. Famine is a little trickier for them to manage due to all the corruption in their food systems. Epoch had some news on this months back.

4
deplorablebot 4 points ago +4 / -0

China's economy is anything but closed. Their corporations are doing business all over the world.

6
Sumarongi 6 points ago +6 / -0

They have a closed capital account. The Yuan isn’t freely exchanged. It’s a fiat currency of a fiat currency. This is how they manipulate its value. Everything flows through dollars.

yuan is worthless outside of China.

This is their conundrum.

China , with its huge population, does not produce enough on its own to survive( esp food)

An American farmer does not accept a Chinese yuan in exchange for soybeans for example

So therefore China had to export their way to get the dollars to buy the food to feed their population. But to compound that, they have to import the raw materials to manufacture the good to export to get dollars, and that require more dollars (to purchase raw materials)

Thus makes them extraordinary sensitive to dollar fluctuations and interest rates, and especially stuff like tariffs. And that is why they have a closed capital account (to manipulate the currency to make sure they are always at a competing advantage to export good so that they can get the dollars to import food and raw materials etc etc)

Trumps tariffs put Chyna in a downward spiral because they could never export enough to get the dollars they needed to buy the stuff they needed to make the stuff they export to get dollars ( and feed their population. )

If the the USA refuses to pay the debt China because of Coronavirus and the election meddling, the CCP implodes overnight.

1
Dride 1 point ago +1 / -0

Very well put. Thanks for the input and clarity.

1
deleted 1 point ago +3 / -2
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harlanhubbard 10 points ago +10 / -0

It will be amazing!! All the debt washed away like tears in rain.

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deleted 8 points ago +8 / -0
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deleted 8 points ago +8 / -0
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sbet06 7 points ago +7 / -0

Its gonna be a lot worse for China than just wiping that debt. The tap is going to be shut off. We can and should be making everything here.

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dabdaddy 4 points ago +4 / -0

pls

4
repoman 4 points ago +4 / -0

We actually own around a trillion in Chinese debt before Mao that they refuse to pay.

3
TrumpTrainNov3 3 points ago +3 / -0

Tack on the 3.4 trillion or whatever the CARES Act cost us. And put the CCP & globalists on notice that if you fuck around with us ever again you are literally going to pay for every fucking cent of it, including the 30-ton bunker buster bombs we drop on your communist asses

3
deleted 3 points ago +3 / -0
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HuntersVD 3 points ago +3 / -0

President Trump should announce it on his trip to The ROC to officially recognize them.

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JaquesoCheese 3 points ago +3 / -0

*Null and void

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AnointedVisions 3 points ago +3 / -0

Nullin void?

3
treefork 3 points ago +3 / -0

Payback for the virus. Make it so.

-1
Trump9000 -1 points ago +1 / -2

^ this person is a scientologist cultist

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Shitposter69 2 points ago +2 / -0

Totally fucking should. They owe us trillions after brovid.

2
onetruecliff 2 points ago +2 / -0

I had not considered that they might do something to the debt. It is a brilliant opportunity, certainly.

At this point they should assert there will be no more interest on it. 0%.

There is some value and possibly keeping a large debt owed to them, because it is to deterrent for them waging actual HOT war. Essentially if China ever did decide to fire even a single shot America would cancel the debt, and any allies that were involved would arguably cancel theirs as well.

But modifying the existing debt is certainly an interesting opportunity. I have no doubt that Trump is considering it. he is too damn smart to let good opportunities pass him up but he is also clever enough to use them at the best opportunities.

2
fapoo 2 points ago +2 / -0

There's good reason to think he's going to wipe out more than China's debt.

2
EyeOfMars 2 points ago +2 / -0

Demand ownership of Hong Kong, and wipe out all debt.

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VetforTrump2 2 points ago +2 / -0

I lost 10 million in this fraud. A conservative estimate too. Youbtoo?

2
antimatter 2 points ago +2 / -0

I suspect CCP response would be to confiscate all American companies assets there.. That would be devastating. Its not so easy to just cancel that without some serious repercussions.

1
Scrootybooty 1 point ago +1 / -0

Doing this would instantly make the US dollar worth as much as Zimbabwe's trillion$ note.

Seriously, fuck China. But you do this and no one will ever trust the US to honor its debt again.

Always repay your debts.

1
deleted 1 point ago +1 / -0
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deleted 1 point ago +1 / -0
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SentryS 1 point ago +1 / -0

If America gives the finger to Chyna and tells them there is no debt then that should force all countries to do the same.

It's not enough.

Their plot to become the world leader and super power should by default force them to become the lowest scum of the earth and bare the burden forever. They will make it look like nazi germany post wwii was a lottery ticket winner.

I want them contained. Raped of all their resources. And forever in debt for being allowed to still exist.

1
deleted 1 point ago +1 / -0
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Rfmaga 1 point ago +1 / -0

No just TOTALLY freeze china assets. They will beg to get off with 2T now and 500b per year or something.

1
Masterblaster 1 point ago +1 / -0

Didnt realise 33% of congress and supreme court were chinese? Hmmmmm

1
Wintergreen 1 point ago +1 / -0

I got an even better idea.

US gets:

Hong Kong

Macao

The Spratly Islands

Enough land in Southern China to build a massive US military base with about a million missiles pointed at Beijing.

India gets:

All disputed territories with China

Tibet and Xinjiang if they want it

Taiwan gets:

China's seat at the UN Security Council

Recognition of Independence from Mainland China

Oh, and they deliver Xi Jinping and his inner circle to us alive. After a short trial, their executions will be televised on Chinese television. It will be a national non-working holiday for them.

1
Flptplt 1 point ago +2 / -1

The United States will almost certainly never eradicate our debt with China, or refuse to pay it. There are many reasons why that will not happen, the primary one is that that would destroy our financial legitimacy with the rest of the world. Don't get me wrong, I will happily be proven wrong about this, but I seriously doubt it.

I don't know to what extent people understand the nature of the "debt". The debt is much more similar to stock issued by companies. We don't exactly borrow money from China, as much as China invests in America. It's not some sort of antagonistic relationship at that level. Strangely enough, and in so many ways, China is heavily invested in the further success of America.

China buys US bonds, because they are incredibly secure. Again, if you already understand all of this, and you still think that America is going to wipe the debt clean, I would love to know why you think we're going to do that?

2
bdunn 2 points ago +2 / -0

THIS is correct.

1
Me2020 1 point ago +1 / -0

Plus any land, property, monies, etc in the United States is ours.

1
Fozibare 1 point ago +1 / -0

Seizing all Chynese investments in US companies, lands, and debts might be enough to pay for the war they want.

0
sleepingbeautyc 0 points ago +1 / -1

Holy Guacamole. That is awesome. The debt gets cut in half.

0
PeeJay69 0 points ago +1 / -1

Owning debt is an asset. Asset seizure is permitted as a penalty for interfering in a US election under the EO the MSM is conveniently not covering. FB, Twatter, Google and possibly Amazon may end up partly or wholly owned by the US government. Smash them and grind them into oblivion.