At the cost of making real estate almost unaffordable though. This makes me think that China wouldn’t help with bailout this time.
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- Thread starter bd popeye
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At the cost of making real estate almost unaffordable though. This makes me think that China wouldn’t help with bailout this time.
plawolf
Lieutenant General
China is not going to help with a US bailout, quite the contrary, it might actively use the US bailout as an opportunity to dump its own longer term treasuries at full price and use that liquidity to finance asset purchases to hedge against likely USD depreciation as a result of more money printing by the US.
China didn’t just call out the US by name as its effective enemy just to bail them out immediately afterwards.
China didn’t just call out the US by name as its effective enemy just to bail them out immediately afterwards.
Canada? HSBC is British. Not Canadian. Tho they do have a branch in Canada like in many other places.
If the US wants China to help them out this time, sure.
But the price that the US will have to pay would have to be MASSIVE in order to be effective.
1. Complete and permanent lifting of all sanctions and bans against China on every field involved (economic, trade, technology, society, military, etc).
2. Taiwan will submit to absolute, eternal authority of Beijing. The PLA will be stationed on the island on a permanent basis.
3. Complete and permanent withdrawal of US military forces from the First Island Chain, and the complete demilitarization of the Second Island Chain for a period of 50 years.
4. A new international system will be formulated, and a new international rule of order will be established. China will become one of the major decision makers, with equivalent status, authority and power as the US-led West.
Of course, we already know that unless ZTZ-99A tank columns are moving freely across the National Mall of Washington DC, the US would never agree to any of those above. But the fundemental laws of nature will remain the same - Every debt incurred has to be repaid.
Whether the US will repay its debt through reconciliation with China, or be destroyed and fissile apart from within, or be flattened by nuclear hellfire - The choice is for Washington DC to make, not Beijing.
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This list is wishful thinking...
Back when Trump was Potus, Bannon in an interview on a highchair with Kyle Bass was recommending that US gives China 72 hours to demilitarize the SCS islands and "pack up and go home" or else the US was gonna go in there, flatten it by force, and take it over etc....
(Added to my previous post)
We already know that unless ZTZ-99A tank columns are moving freely across the National Mall of Washington DC, the US would never agree to any of those above. But the fundemental laws of nature will remain the same - Every debt incurred has to be repaid.
Whether the US will repay its debt through reconciliation with China, or be destroyed and fissile apart from within, or be flattened by nuclear hellfire - The choice is for Washington DC to make, not Beijing.
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Don't have the branch anymore, RBC bought it. My bad.
Now Comerica joins the rank of "deeply-in-trouble banks".
Apparently there are 10 more US banks that may fall/will fall/has fallen into the "troubled banks" category. Information unconfirmed, have to wait and see.
Has/will the Silicon Valley Bank cause(d) a series of bank run?
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The deal with RBC is probably blown to piece with that... if not we have a stick in the back side.