In short, hell yes. Collapsing the US stock market would send ripples through the world economy. Millions of export oriented workers in China will be out of a job.
American Economics Thread
- Thread starter Bernard
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In short, hell yes. Collapsing the US stock market would send ripples through the world economy. Millions of export oriented workers in China will be out of a job.
China better make sure the white americans cough up something worthwhile, if they want China to keep funding their little party; i'm not just talking about releasing Meng and forcing taiwan to cough up TSMC chips, but also the heads of Pompeo and Cotton.
Well, I'm sure they cared in 2015. More importantly, this collapse will affect everyone more than the pandemic... is China ready for the consequences of that?
US will for sure rescue the markets at any signs of a crash while sacrificing the dollar.
This will lead to RMB and every other currency to appreciate and increase the developing world standard of living.
So far people been trading in USD and holding dollars which get depreciated by the Fed. Basically US has been consuming on debt all these years knowing that they will never pay back the debt. The math will follow through in the end and music will stop.
$2T+ deficits not counting the stim bill being passed right now.
Stock market up today. Nasdaq having its best day for a few months. Guess they figure China is going to join the party.
I heard people say that the Japanese will buy the US bonds to keep the yields down instead of buying Jap bonds. And this led to today's institution led bond and equity rally? Japan would be retarded to do this though, that's why the US stocks can drop more I think.
Honestly Chinese need to think twice before investing dollars in the US.
US can easily revoke Chinese ownership of land/real estate/equities and basically deprecate all those $trillions earned by China in the past couple decades.
The Anglos expect Asians to act as servants and comprador slaves; effectively by the Japanese government buying US bonds as the taiwanese do, they are allowing their labour and effort to go towards the american elites for the profit and enrichment and empowerment of the white anglo.
China needs to seriously reconsider investing in the US, especially now that there is bipartisan support to destroy China and impede her progress
But would the Japanese buy? They have been selling all their US dollar reserves lately.
People say they would cuz it's slightly higher than Jap real yields. Seems unlikely since US is selling hundreds of billions a months in treasuries.
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Regardless, looks like the white anglos have come begging for relief from China; this is what a rational government would do when not led by christian fundamentalist weirdos and racists