China After Covid 19?

#31
#31
Velo Vol said:
What's the "debate"? That the government doesn't have to pay back money it borrowed?
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Is reading hard for you? "The debate will be an interesting watch" nothing more, nothing less.

There will be those who advocate for canceling the debt and those who will be against it, it will be interesting to see where they fall.
 
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#32
#32
hog88 said:
Is reading hard for you? "The debate will be an interesting watch" nothing more, nothing less.

There will be those who advocate for canceling the debt and those who will be against it, it will be interesting to see where they fall.
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Due to COVID-19 all credit card debt should be canceled.

Debate!
 
#33
#33
hog88 said:
Is reading hard for you? "The debate will be an interesting watch" nothing more, nothing less.

There will be those who advocate for canceling the debt and those who will be against it, it will be interesting to see where they fall.
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If they can convincingly prove that the virus was from a bio lab, not sure you could not consider this compensatory damages to the US economy and lives lost.
 
#34
#34
Velo Vol said:
Due to COVID-19 all credit card debt should be canceled.

Debate!
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Because of Covid -19, All debt should be cancelled. Everyone is zeroed out and starts fresh . All companies , all individuals , all countries . The world will be up and running again in 6 months with full employment , buying and selling , borrowing and loaning. @ me with your hate I’m ready .
 
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#35
#35
0nelilreb said:
Because of Covid -19, All debut should be cancelled. Everyone is zeroed out and starts fresh . All companies , all individuals , all countries . The world will be up and running again in 6 months with full employment , buying and selling , borrowing and loaning. @ me with your hate I’m ready .
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That's about as practical as what Graham proposes.
 
#39
#39
Coug said:
At some point this will eventually all calm down across the world. The question remains what will happen to China when all this is said and done? There is no way China simply skates on this. You can't decimate the world's economy, kill possibly hundreds of thousands of people and not expect any repercussions whatsoever. What happens to China I can only assume will be monumental. Think Germany after the Holocaust, or a complete change in government leadership.
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Wanna bet? Americans are addicted to cheap ****. Until pressure is put on the Tim Cooks of the corporate world to move their sweatshops to other countries, we will be back to ops normal in 6 months.Hopefully Mr Trump gets re-elected, and doubles the tariffs on China. That in turn puts pressure on AAPL's bottom line and forces their hand. That's the only way. Waiting for them to do the right thing on their own is futile.
 
#43
#43
SpaceCoastVol said:
That is what Trump has been saying for 3 years.

Oh tariffs... it will make all my Chinese **** cost more. HOW TERRIBLE!
**** China.
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I have been sick of reading "Made in China" on almost everything you can buy for years. But it's only since CV-19 became a thing that our dependence on China for such "mission critical" items as medicines and medical supplies has become widely known.

Yet the MSM and the left in this country are still carrying water for the ChiComms. Unbelievable.

If for no other reason than to lessen our dependence on those evil baskerds for items essential to our well-being, we better hope Trump gets re-elected.
 
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#45
#45
Velo Vol said:
Wait, you were being serious?
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Why not ? What would be a faster way to get world economies back up and running ? What would be a better time to hit the reset button than now for everyone ? #ThingsToPonder

Edit : keep in mind there’s no such thing as backed money it’s all just digital numbers .
 
#46
#46
0nelilreb said:
Why not ? What would be a faster way to get world economies back up and running ? What would be a better time to hit the reset button than now for everyone ? #ThingsToPonder

Edit : keep in mind there’s no such thing as backed money it’s all just digital numbers .
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Cancel all debt? Who are you and what happened to @0nelilreb?

I mentally explored the possibility of trying to "freeze time" and cancel payments for two or three months, but even that is fraught with impossibility.
 
#47
#47
Velo Vol said:
Cancel all debt? Who are you and what happened to @0nelilreb?

I mentally explored the possibility of trying to "freeze time" and cancel payments for two or three months, but even that is fraught with impossibility.
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Again what would stimulate all economies all over the world more ? Not saying we would do it I’m just saying that it would instantly create roaring economies . I would guess within 10 years people would be back to about where they were anyway from buying things they couldn’t afford . 🤷‍♂️
 
#48
#48
0nelilreb said:
Again what would stimulate all economies all over the world more ? Not saying we would do it I’m just saying that it would instantly create roaring economies . I would guess within 10 years people would be back to about where they were anyway from buying things they couldn’t afford . 🤷‍♂️
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That's pretty old school.

Jubilee (biblical) - Wikipedia
 
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#50
#50
Canceling the debt that China bought would not be a good look and likely raises borrowing costs for the US and any others in a coalition to intentionally "default". They can put pressure on China to cancel a lot of it voluntarily, but they aren't going to suddenly become honest and accountable to the world.

Countries and companies aren't going to unite and pull out of China. They will lose too much money.

If the US wants to crush China all they have to do is to stop protecting shipping in and out of their territorial waters. But sitting back while China's oil tankers are sunk in the Indian Ocean does far more damage than just impair China's manufacturing.

China will soon be back to business as usual and working on dominating the world. They don't have leaders handing out favors in order to get re-elected every 2, 4, and 6 years. They can sit back and wait while our politicians and voters fight each other instead of pulling in the same direction.
 
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