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In reply to the discussion: GOP senator: 'We should explore' not paying US debt to punish China [View all]Bernardo de La Paz
(60,320 posts)4. Nobody would lend to the US. Great way to torpedo yourself below the waterline. . . . nt
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GOP senator: 'We should explore' not paying US debt to punish China [View all]
turbinetree
Apr 2020
OP
She knows exactly what she is doing and she is dangerous, this country will pay a heavy price if
turbinetree
Apr 2020
#3
Your point #4 is important: It costs money to threaten people and conduct a war.
dalton99a
Apr 2020
#27
Nobody would lend to the US. Great way to torpedo yourself below the waterline. . . . nt
Bernardo de La Paz
Apr 2020
#4
A Republican from a state that gets more federal aid than it gives in taxes wants to not pay China
cstanleytech
Apr 2020
#6
Because China will keep lending us $ if we default on what we already owe them.
stopbush
Apr 2020
#7
Really smart. A borrowing nation refusing to pay its debts. Do we really want to encourage the ...
marble falls
Apr 2020
#9
This is the mentality among deadbeats. The Red States are deadbeats and takers, not makers. nt
Progressive Jones
Apr 2020
#37
Absolutely wreckless idea that would collapse US Dollar and trade we depend on
bucolic_frolic
Apr 2020
#12
The first reckless idea was getting so deep into trade with China to begin with.
Progressive Jones
Apr 2020
#38
"Oh yeah, and dumber than a box of rocks." I think a box of rocks might actually have
cstanleytech
Apr 2020
#23
Trump has also made statements in the past about using our leverage to negotiate lower rates
progree
May 2020
#41
Considering China is the place many of the items we require to exist come from, I'd say
Vinca
Apr 2020
#17
True. My point was that we can't stiff foreign owners of our debt because they are 30% of the
progree
May 2020
#40
...The IDIOT ASSOCIATION OF AMERICA...(of which I am a member and a voting member too)
Stuart G
Apr 2020
#31
Not paying the debt will make the "GREAT DEPRESSION of the 30s ...look like a "family picnic"
Stuart G
Apr 2020
#32
Should I "explore" not paying taxes to punish tRump for f**king up the COVID response?
flibbitygiblets
Apr 2020
#25
Financial armageddon and carnage, the likes of which the world has never seen before
dalton99a
Apr 2020
#26