China says does not want
trade war with USA...
..........................................................................................................................................................................
That's wise of them.
China Holdings of U.S. Debt Down 10%...
They know that no one else on earth could possibly consume as much of the crap that they make as we do.
now they have to produce even cheaper crap for your market because you are no longer able to purchase their old regular crap . but its ok , just don't be late on those Chinese loan payments and you'll be fine
China needs us, we don't need them. We could have Indians or Vietnamese or robots make our cheap crap for us.
why would China need broke country/people ? your currency is becoming worthless , your debt is so huge you are barely keeping your nose above the water .
yeah..it's tough..
excuse me while I have some whisky, smoke a cigar, and have a nice steak..
Like a drunk sailors. Borrowing money to buy whisky & cigars . who wants to do business with country drowning in debt ?
hush...I can't decide if I want sirloin or ribeye.
should I smoke the cuban or the honduran?
bourbon or scotch?
Decisions decisions....
did i mention we have stores in austin .that specialize in all of the above...as big as a larger supermarket?
ever seen two hundred bottles of scotch?
or fifteen thousand cigars?
talk about HARD to DECIDE!
of course this is Texas..so you know about the steak.
(I was actually considering Beef-a-lo...it's a hybrid between beef and buffalo...not quite as much fat..
then again...perhaps some emu....I hear it's got an interesting taste.
(my son raised them for a while..he recommended it)
enjoy while it lasts , we did the same before collapse
Once a week I enjoy a Churchill size, maduro wrapped, long filler, hand-rolled, imported puro myself. I prefer a craft beer with my smoke, but have been know to sip a JD on the rocks. Maybe it's a veteran thing?
might be.
I tend to imbibe a bit more frequently though.
Thanks for the reply and upvote. I used to make my own wine and sparkling wine and back then I drank more, probably every day.
LOL, did you loose your job at the Foxconn plant?
go apply for new loan , you need to eat something
LOL Too busy trying to figure out how to invest all the money from increased wages and bonuses.
LOL , you wish
When you are small, and you owe money - the banks own you. (Greece)
When you are big, and you owe money - the banks like to keep talking and negotiating.
If Serbia default - The debtor takes your country.
If US default occurs - the debtor lose all their money.
Even the most naive can see the real world difference....
Centralized banking and communists - it never end's well for the small guys...
your'e welcome.
China and others are very well aware of all you mentioned and they are working for years to prepare for what is coming .
I'm sure they are....You on the other hand...
I'm sure - wait until the belt road is in serbia - sold to the small man from the east!
😂😂
I on the other hand have my popcorn's ready . It is always fascinating to watch conman trying to survive lynch mob
Because the lynch mob never understand - with mob level IQ's, that they also end up on the end of the rope?
Your nativity makes me laugh.
You need to educate yourself.
....read french rev and Robespierre.(is a good start - 'the terror')
you don't need high IQ or education to see conman is becoming desperate . so lets watch this unfold
bingo...we're their best customer.
yup :P china is now in competition with not only USA but also with all other developed countries.
Officials of the Chinese government are not elected officials. They are not accountable to a constituency to get re-elected. They can make decisions that screw their own people with only the remote fear of consequences. If they decide to radically alter their relationship with the US they might make an emotional decision vs. a logical decision. They have done it before to show their people who is the boss in Asia.
nice panda
good decesion because war is the not a good soluation o this kind of situation.
China in war with the USA?? I cant wait!!!
Yep..The USA already lost...years ago when almost everything in Walmart comes from China.
A trade war would be bad for both of us. They would have junk bonds that went into the toilet and we'd have crappy junk that we wouldn't be buying from them.
I'm imagining that they'd start repossessing some of the land that the junk bonds are tied up in.
I'm starting to wonder if the idiots on the hill just want wars, because I can't think of any good reason to go to war with china, Russia, or Iran.
There are only losers in war.
@mathiasian is an expert in being a loser. He'll be along shortly.