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soryang

(3,308 posts)

10. If you consider US corporate revenues inside China

Reply to ProfessorGAC (Reply #6)

Fri May 29, 2020, 03:16 PM

May 2020

...it's about even. While technically not a part of the trade balance, it will be just as damaging for US multinationals if their businesses are expropriated or shut down.

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China owns a lot of US debt. They could declare financial war. [View all] ProudMNDemocrat May 2020 OP

Of course they could stopdiggin May 2020 #1

If you owe the bank $100 dollars, that's your problem... ExciteBike66 May 2020 #2

Or ours. gibraltar72 May 2020 #3

Late last fall, Wellstone ruled May 2020 #4

Why would China want to crash the value of its debt holdings? Voltaire2 May 2020 #5

No They Won't ProfessorGAC May 2020 #6

If you consider US corporate revenues inside China soryang May 2020 #10

I Didn't Say Otherwise ProfessorGAC May 2020 #15

What if trump refuses to pay? jmg257 May 2020 #7

well if the US defaults on debt then we become Venezuala in about 4 minutes. SoonerPride May 2020 #9

That is all thanks to Bushie usedtobedemgurl May 2020 #8

Government debt has set dates when it's payable muriel_volestrangler May 2020 #11

If the Chinese dump it on the markets, the Federal Reserve will monetize all of it. roamer65 May 2020 #12

China is a problem just like Russia rockfordfile May 2020 #13

That's because they are allies in the Shanghai Cooperation Organization. roamer65 May 2020 #14