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Please read. Bipartisan.
The answer is "no."
They selectively defaulted when they paid English holders. They are legally demanded to. All Mrs Bianco needs is some push from legislators.
You know how they would raise that money? Selling the trillions of US gov't debt that they own. China has us by the balls and if they wanted to, they could sell it all in the open market shooting rates to god knows where
Or think of this:
American government pays Mrs Bianco around 30 cents on the dollar, which she has been willing to take as low as 10 in the past, and then ships via courier this paper to China with a note that says we have removed the full value of the bonds from our ledger with them. They could say NOTHING. And China can't call our debt because if they did we'd boycott their products and they'd collapse about two days after we did. M.A.D.
Country Warheads active/total
United States 2,150 / 8,000
China n.a. / 240
Number of warheads needed to end civilization as we know it? 100? 50?
I know you were being facetious, but that's still around 5 per state.
The economical impact of 5 nukes exploding in each state, would be well over $100 trillion and it will take decades to recover. Certainly not worth risking over $1 trillion.
At this point in time, i think we need china more than they need us.
But if China doesn't operate by International Fiscal Law then they can't be partnered with anyways.
Touche, maybe we could make New Mexico like a little China or something (kidding)
This post was edited by fsufsu 2 years ago
True. But china's economy collapses without us. The majority of goods we buy are made there. They need us whether they're willing to admit it or not.
People think China has us by the balls, but honestly we affect them much more. We decide to stop buying their goods, China goes back to the 1800s.
They are our biggest trading partner as well so it's a two way street. Don't forget that they have a population of over a billion people that buy up whatever Americans think is cool. Truth be told, both of us would be in serious trouble without the other.
I think some people underestimate china. Although they have a communist government, they are at the forefront of innovation and technology and have the work force to output TONS of production CHEAPLY.
I think if 5 nukes went off in each state i dont think anyone would be caring about money after that.
Maybe our president should tell the Chinese bond holders the same thing he told the Chrysler bond holders.
5 warheads blowing up in each state would end this country. I would be almost completely inhabitable.
The issue is less nuclear fallout which would be terrible. But the EMP. If a nuclear blast occurred around 5 miles up in the air above Atlanta for instance most of the Southeast would be without power for as long as 2-3 years. Because all wiring has to be replaced. Imagine 2-3 years for 50 million people.
Imagine if that occurred simultaneously in 2 or even 3 regions.
For fall out they'd just drop one on NYC and one in the Pacific Northwest and then sit back and let the jetstream work.
China has a secret: It owes American investors hundreds of billions of dollars.
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