Discussing Biden's Potential China Policy

emblem21 said:

Whether they join and how much they put in depends on whether the USA can help there current Economies to recover from both covid and the current levels of unemployment going around. If Biden cannot solve the fact that the USA have over 60+ Million unemployed (this is real figures, not the parent numbers from the media), then what can he really offer this nations in terms of benefit other then dollars/treasuries which are not going to be of much value when they cannot be used for anything much sooner or later when the value decreases further.
I guess they underestimate the threat of China and then is why they didn’t commit fully back then, but now for them to commit when China is the nation that can help there recoveries more then the USA (consider the amount of trade deals going on in South America and Africa for example) isn’t going to be very productive since the USA market is propped up to the extreme with a bubble so massive that if it popped will screw there markets up a lot. Also note that the USA now has a reputation of pulling out of deals and doing what ever they want consequences be damned.
so even a Biden will is not an insurance that they will commit to a deal since they are know for targeting anyone that defies them. Biden has to win there trust back after what Trump did and just being anti China alone isn’t going to cut it this time. Especially when the USA is such an untrustworthy nation going forward

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My man. USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money. China does not. China has a trillion us dollar in reserves. US can print a trillion every day. no comparison which side they will choose push comes to shove.

free_6ix9ine said:

My man. USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money. China does not. China has a trillion us dollar in reserves. US can print a trillion every day. no comparison which side they will choose push comes to shove.

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There is a cost to printing money like that. All that money they print out is debt creation on a massive scale. This helps to drive up prices for the goods in the USA to levels so great that a piece of bread will cost hundreds ( good luck finding anyone with that kind of money when most of the population is broke and unemployed). In light of this and if these dollars can’t be used to purchase anything in the future (which is way China is dumping these increasingly useless assets to buy hard tangible assets when the USA dollar still has some value), then really just printing trillions of dollars at such a lack of abandon isn’t going to be a long term solution for the USA, especially if food prices sky rocket due to supplies going down due to having so many people in need of food right now due to unemployment which feeds into so many other problems.
so no, no country in the world would want to keep accepting dollars if cannot be used for anything when the value of the dollar is that low.
hence the USA doesn’t have an infinite amount of capital to spend, especially when the value keeps going down to the point where buying food is impossible due to the prices and ultimately to the point where exporting to the USA becomes equally pointless due to negligible profits in return. This is ultimately China’s way of killing the dollar, by letting the USA debase there currency until it becomes a liability to the world so that the world reserve currency peg will eventually be taken away.
Also to ask, if the USA can print money like this, how come so many corporations and firms would rather stay in China to do business rather then move back to the USA right now since the USA provides an endless capital, please think on that one

emblem21 said:

Whether they join and how much they put in depends on whether the USA can help there current Economies to recover from both covid and the current levels of unemployment going around. If Biden cannot solve the fact that the USA have over 60+ Million unemployed (this is real figures, not the parent numbers from the media), then what can he really offer this nations in terms of benefit other then dollars/treasuries which are not going to be of much value when they cannot be used for anything much sooner or later when the value decreases further.
I guess they underestimate the threat of China and then is why they didn’t commit fully back then, but now for them to commit when China is the nation that can help there recoveries more then the USA (consider the amount of trade deals going on in South America and Africa for example) isn’t going to be very productive since the USA market is propped up to the extreme with a bubble so massive that if it popped will screw there markets up a lot. Also note that the USA now has a reputation of pulling out of deals and doing what ever they want consequences be damned.
so even a Biden will is not an insurance that they will commit to a deal since they are know for targeting anyone that defies them. Biden has to win there trust back after what Trump did and just being anti China alone isn’t going to cut it this time. Especially when the USA is such an untrustworthy nation going forward

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Well the thing is when have all these countries not been on the same side? They keep saying they're going to gang-up against China like it's something new but they're just repeating themselves. They're angry at China solely because they don't have control of the world like they use to. Did China invade, rape, pillage, and plunder to get where it's at now? No. That's why it's so frustrating for them. They have nothing that would rally the world against China because China's rise is due to economic growth not military actions. Because they can't just militarily attack China, that shows the limits of their power. If they did, the world would recognize them as the evil party and that's enough to make them not do it. Why are so "many" in here with questionable motivations trying to push China to act aggressive is because that would put China on the evil side. If not military attacks, what else? An embargo on China just for rising? That's just as arrogant of those that think the US can militarily attack China and the US would suffer little. China's neighbors who they think will side with the US need money from their exports? Is the US paying the difference? If that was possible then the US wouldn't be frustrated over China's rise. Frustration is due to not being able to do what they want to do because they know if they do, they will suffer the consequences.

With Iran going to sell its oil in Yuan the strength of the USD as a global currency is diminished. Sure they printed a lot of dollars which get distributed to banks which then pump it into the US stock market. That allows US companies to buy or merge with competitors and concentrate their power. e.g. NVIDIA purchasing ARM. But don't mistake the stock market for the real market. People on the lower rungs of society in the US are still in deep shit and I expect civilian discontent to increase.

free_6ix9ine said:

My man. USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money. China does not. China has a trillion us dollar in reserves. US can print a trillion every day. no comparison which side they will choose push comes to shove.

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If the US has unlimited money, why do Americans complain about trade deficits with other countries? Why hold back just giving money to the poor in the US? Are Americans just evil that they want to see people suffering and want to see racial division to which giving them the unlimited money would solve those issues that arise from it? How about bribing the world with that unlimited money? Yet Americans complain how the world doesn't do what they want...

AssassinsMace said:

Well the thing is when have all these countries not been on the same side? They keep saying they're going to gang-up against China like it's something new but they're just repeating themselves. They're angry at China solely because they don't have control of the world like they use to. Did China invade, rape, pillage, and plunder to get where it's at now? No. That's why it's so frustrating for them. They have nothing that would rally the world against China because China's rise is due to economic growth not military actions. Because they can't just militarily attack China, that shows the limits of their power. If they did, the world would recognize them as the evil party and that's enough to make them not do it. Why are so "many" in here with questionable motivations trying to push China to act aggressive is because that would put China on the evil side. If not military attacks, what else? An embargo on China just for rising? That's just as arrogant of those that think the US can militarily attack China and the US would suffer little. China's neighbors who they think will side with the US need money from their exports? Is the US paying the difference? If that was possible then the US wouldn't be frustrated over China's rise. Frustration is due to not being able to do what they want to do because they know if they do, they will suffer the consequences.

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Exactly, it seems that now the rooster has come home now since the USA has. They have done so many stupid things and it is only now that the consequences have come home. Only problem for them is that it is finally starting to hurt and they obviously do not like it and even worse, they are ill prepared in regards to sorting there problems out and with each passing day, there problems end up increasing, so either they work with China to settle there problems (which isn’t likely at all) or they suffer the consequences. In the end, they will lose, like it or not

free_6ix9ine said:

My man. USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money. China does not. China has a trillion us dollar in reserves. US can print a trillion every day. no comparison which side they will choose push comes to shove.

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In that case, then they should be easily print that $1.2k stimulus money.

caudaceus said:

In that case, then they should be easily print that $1.2k stimulus money.

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Yeah, why didn’t they do that? It should be an easy task instead trump is trumping to cut that stimulus at every opportunity and is now trying to take that stimulus hostage as well.

free_6ix9ine said:

USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money.

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Good grief... I try to refrain from personal attacks or accusations, but I don't think this guy knows how inflation works.

free_6ix9ine said:

My man. USA plan is to print a trillion dollars every 2 weeks and hand them out to these countries. US has unlimited money. China does not. China has a trillion us dollar in reserves. US can print a trillion every day. no comparison which side they will choose push comes to shove.

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Haha thats a real capitalist outrage! Thank you, we owe you. Somehow