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supersnoop

Colonel
Registered Member
Franklin said:
This is not just a problem for Taiwan but a issue for the entire world as the USD weakens people are losing money on their USD denominated investments. So there is pressure to sell those asset which lead to further weakening of the USD which leads to more selling. It becomes a vicious cycle. The weakening of the USD is making investing in US assets less attractive for foreigners just as the US need to roll over 7 trillion dollars of debt this year. Its not going to be pretty. The USD is weakening because of the massive amount of debt that the US is carrying but also because of Trumps policies. The US cannot afford to raise interest rate as that would collapse the asset bubble's and make the big debts unpayable.

So America is stuck because the economy is under pressure from two opposing forces and there is no solution for it. You try to solve one problem you will exacerbate the other. America will either end up with a massive deflationary collapse or hyperinflation you can pick you poison.
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Last time there was a run on a Chinese currency, the central bank stood behind the HKMA and said the territory had the full backing of the central government.

I'm sure this time would be no different... the mainland is ready to back Taiwan with RMB
 
F

Franklin

Captain
Being loyal to America doesn't pay. First there is Denmark and Canada two of America's most loyal allies for decades. And what does these countries get for their fealty to America ? America is now challenging their sovereignty.

Now domestically Trump is ending mortgage aid for tens of thousands of US veterans and these people may have to foreclose on their homes.

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J

jiajia99

Senior Member
Registered Member
Franklin said:
This is not just a problem for Taiwan but a issue for the entire world as the USD weakens people are losing money on their USD denominated investments. So there is pressure to sell those asset which lead to further weakening of the USD which leads to more selling. It becomes a vicious cycle. The weakening of the USD is making investing in US assets less attractive for foreigners just as the US need to roll over 7 trillion dollars of debt this year. Its not going to be pretty. The USD is weakening because of the massive amount of debt that the US is carrying but also because of Trumps policies. The US cannot afford to raise interest rate as that would collapse the asset bubble's and make the big debts unpayable.

So America is stuck because the economy is under pressure from two opposing forces and there is no solution for it. You try to solve one problem you will exacerbate the other. America will either end up with a massive deflationary collapse or hyperinflation you can pick your poison.
Click to expand...
Once the ball starts rolling, the USA is going to go downhill like never before, by weaponizing its economy like this and by pushing China around in this idiotic way assuming that China would bend over backwards to sell to the USA whilst acting so damn entitled, is almost inviting a disaster to happen and no matter the economic magic being played, once the world decides that is more cost and material efficient not to sell to the USA, well economic magic is all the USA has and quite frankly is something the world if they had the courage can easily live without, heck would even benefit. Sure the wealthy billionaires will lose in investments to the USA given that their holdings in property and such is mostly likely going to lose all its value but that is their own fault. The worst part is that neither the current or the future governments is ever going to have any kind of a plan to solve its current crisis
 
Thecore

Thecore

Junior Member
Registered Member
Franklin said:
This is not just a problem for Taiwan but a issue for the entire world as the USD weakens people are losing money on their USD denominated investments. So there is pressure to sell those asset which lead to further weakening of the USD which leads to more selling. It becomes a vicious cycle. The weakening of the USD is making investing in US assets less attractive for foreigners just as the US need to roll over 7 trillion dollars of debt this year. Its not going to be pretty. The USD is weakening because of the massive amount of debt that the US is carrying but also because of Trumps policies. The US cannot afford to raise interest rate as that would collapse the asset bubble's and make the big debts unpayable.

So America is stuck because the economy is under pressure from two opposing forces and there is no solution for it. You try to solve one problem you will exacerbate the other. America will either end up with a massive deflationary collapse or hyperinflation you can pick your poison.
Click to expand...
Please default, please default, please default. Hell, with Trump, anything is possible. It’s almost 50/50 now that we get a jumbled incoherent rant from Trump about how defaulting is actually good for the world and will also make America great again!

(Also how cucked can you be, literally allowing yourself to be plaza accorded almost exactly like it was done before.)
 
lych470

lych470

Junior Member
Registered Member
StraightEdge said:
All China has to do is allow random internet trolls to post a few thousand message daily on their board. That itself will inflate the entire CIA budget. Not to mention double-agents.
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MSS is probably laughing all the way to the bank right now. Golden opportunity to conduct offensive anti-espionage operations.

At the worst they can fake so many applicants to swamp the CIA's China section with bad faith actors - think of it as a real life DDoS attack.
 
AssassinsMace

AssassinsMace

Lieutenant General

The US and the West are in control of the world economy. Do you see any them call for rebalancing away from their favor? No, when it's in their favor, it's called capitalism. Now they want what they call is communism when it's suggested for them.

The problem is Americans are upset that China makes a measly ten dollars out every one thousand dollar iPhone. China built advanced infrastructure, the largest high speed rail network than the rest of the world combined, a technological behemoth, and first class military all with that ten dollars and Trump and the Repanican’ts think China owes them for it despite how the US exploited Chinese slave labor in claiming credit. Look at how much US corporations owe Chinese labor for wages unpaid by the logic of their own accusations. You can’t take credit for something that you didn’t intend to happen in the first place.

Europe decided to follow Trump and then Biden in not selling advanced technology to China losing a lot of money in sales. But Europe still expects China to make up that difference by buying things they are willing to sell but China can either make it themselves or get it cheaper somewhere else.

Americans losing their jobs to outsourcing and globalization is the fault of their own rich. No one is putting a gun to their heads forcing them to outsource. They do it gladly and willingly. Their politicians could simply outlaw outsourcing but they don’t. They instead find it easier to create global tensions just to cover it up that it's their own fault.


The Democrats are pointing out how Trump blundered it by targeting the world and not just China forgetting Biden already accomplished it with it's allies and failed. US allies' economies crashed and the global south was moving towards BRICS and especially to China as an alternative to them. Are the Democrats claiming Trump would've done a better job getting the rest of the world on the US's side? Yeah maybe Trump would use military threats to those that didn't comply.
 
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