China vs The World

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
Yes amazing how a communists country embraced capitalism to become such a great nation.

C
Amazing. China dominates Coronavirus in a country with over a billion people , they eliminate extreme poverty, Communism is superior.
China is not really a communist country. Thugocracy would be closer to the truth.
 

B00Mer

Make Canada Great Again
Sep 6, 2008
47,127
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Rent Free in Your Head
www.canadianforums.ca
How come no one ever talks about how deeply China is in debt?

Yeah, okay.. I guess they should call in their loans from the USA, Canada.. that'll fix their problem.. ;)

The U.S. debt to China was $1.1 trillion in January 2021. That's more than 15% of the $7 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $28 trillion national debt is owned by either the American people or by the U.S. government itself.


...and as far as Canada goes.. fuck they just own us.. we are China.. 👲

 

petros

The Central Scrutinizer
Nov 21, 2008
116,701
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Low Earth Orbit
You jumped straight to US/Canada and skipped Chinese debt.

Who lent them them the hundreds of Trillions back in the 90s through to today?
 

petros

The Central Scrutinizer
Nov 21, 2008
116,701
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Low Earth Orbit
Nope. They haven't yet. It was mutual back and forth to float currencies and food markets until just recently. If they default on bonds, we cut off the food. Food security is the only thing remaining that is stopping the greatest blood bath of all time.

A tonne of gold, silver, oil or labour won't buy you a bowl of rice if no one is willing to sell or trade their food.

If you want your silver to pay, sell it and buy fertile land. You can grow silver, gold and all it takes is soil, water and sunshine.