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ansy1968

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Global South and like-minded freedom fighter supports this French struggle.

Liberté, égalité, fraternité

Everybody Let's sing "L'Internationale" with vigor. :cool:

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Originally composed by Pierre de Geyter in 1888, it has been the standard for most socialist and left wing movements with the ...
 

coolgod

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China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?​

Some history is in order. Before 1949, the government of the Republic of China (ROC) issued a large volume of long-term sovereign gold-denominated bonds, secured by Chinese tax revenues, to private investors and governments for the construction of infrastructure and financing of governmental activities. Put simply, the China we know today would not have been possible absent these bond offerings.

In 1938, during its conflict with Japan, the ROC defaulted on its sovereign debt. After the military victory of the communists, the ROC government fled to Taiwan. The People’s Republic of China was eventually recognized internationally as the successor government of China. Under well-established international law, the “successor government” doctrine holds that the current government of China, led by the Chinese Communist Party, is responsible for repayment of the defaulted bonds.

Is this Yellen gonna play the UNO reverse card on her upcoming trip?
 

Biscuits

Colonel
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China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?​





Is this Yellen gonna play the UNO reverse card on her upcoming trip?
That would require America to stop threats and plans to invade China (at least through the KMT proxy), because it will assume an end to the civil war, something China would carry out if the security situation is safe.

1 trillion is not that much relative to the low value dollar reserves China has. As I see it, as long as America honors the end of ww2, drops it's claims and let the civil war resolve (hopefully bloodlessly), China can honor some of the KMT's mistakes. There is also more money bound up inside KMT controlled areas, if these funds aren't secured, they might leak to US anyways, or even worse, sensitive Chinese technologies that are worth more than 1 trillion fx.

If America seriously entertains the idea of talking about KMT debt, it is not something China should dismiss outright, but China needs to make sure America is abiding by the relevant international rules first.

As I see it, any opportunity to needle America about it's illegal threats of annexation is a good opportunity, it forces them to back off in order to keep an appearence of legality. And if America truly runs out of steam and would value a mediocre cash infusion over continued threats against China, then that is a serious prospect which politicians should consider.
 

Temstar

Brigadier
Registered Member
That would require America to stop threats and plans to invade China (at least through the KMT proxy), because it will assume an end to the civil war, something China would carry out if the security situation is safe.

1 trillion is not that much relative to the low value dollar reserves China has. As I see it, as long as America honors the end of ww2, drops it's claims and let the civil war resolve (hopefully bloodlessly), China can honor some of the KMT's mistakes. There is also more money bound up inside KMT controlled areas, if these funds aren't secured, they might leak to US anyways, or even worse, sensitive Chinese technologies that are worth more than 1 trillion fx.

If America seriously entertains the idea of talking about KMT debt, it is not something China should dismiss outright, but China needs to make sure America is abiding by the relevant international rules first.

As I see it, any opportunity to needle America about it's illegal threats of annexation is a good opportunity, it forces them to back off in order to keep an appearence of legality. And if America truly runs out of steam and would value a mediocre cash infusion over continued threats against China, then that is a serious prospect which politicians should consider.
That will have to include all the other rights and obligations of ROC that KMT did not take up, such as the status of Okinawa under Cairo Declaration and the right for China to occupy Japan and oversee reform to purge all aspects of Imperial Japan as afforded to one of the victorious allied powers, as per Potsdam Declaration
 

ACuriousPLAFan

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China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?​

Is this Yellen gonna play the UNO reverse card on her upcoming trip?
Sounds like yet another pathetic attempt by the Murican warhawks to impose another Century of Humiliation on China and the Chinese people.

How convenient of them to forget everything else since 1949 when the writer simply wrote "Put simply, the China we know today would not have been possible absent these bond offerings."

Yeah, right. The Chinese people under the CPC leadership built China from her sorry-a$$ state in 1950 to this day with their very own bare hands, tears, sweat and blood - While having to contend the risk of being invaded at all times from multiple directions (especially in the 1960s).

Any Murican warhawks who desire to impose yet another Century of Humiliation should personally eat a couple Dongfeng missiles.

Besides, even if China under CPC leadership today agrees to pay 1 trillion dollar of her debt (that was defaulted by the KMT) to the US, so what? China has way more than 1 trillion dollars in her bank account.

Let's not forget that 32 trillion minus 1 trillion still leaves 31 trillion. Removing that 1 trillion dollar count ain't gonna save you cvcks. Dvmba$$es.
 
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plawolf

Lieutenant General
More Elder Abuse Charges, Forcing Him to Do Cocaine
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Totally misread that at first as ‘White power found at White House identified as cocaine’.

It’s a sign of the depths of American corruption and decadence at the highest levels these days that such a headline wouldn’t even seem out of place. I can totally see a White Power racist decide identifying as a woman isn’t woke enough and now wants to be classified as a drug. Guess they need to start building more bathroom options over there, that should add at least another percentage of GDP.
 
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