US Presidential Race 2016

[80s Shorts]

I am not scared of anything because I have confidence that Trump won't win but if he does lets see what happens if he tries to talk to the Chinese - or the Mexicans for that matter - like they were some shit on the sole of his shoe Apprentice USA wannabe. He - and the US - will be eaten up and spat out in short order.

You've gone from China bringing down the US and world economy to being confindent that Trump won't win so none of it matters.

Even if Trump does win and speaks to whom he wishes to speak to in whatever way he wishes, China, and for that matter Japan who own almost as much of the US debt will not bring anything down as it is not in their interests to do so whatsoever.

Why bankrupt your best customer who citizens are funding your expansion ? If anything the worst case scenario is a continued and steady decline for the dollar.

Goodnight and sleep tight because the Chinese are not going to cut their noses off to spite their faces for some flash in the pan Trump presidency.

 

[80s Shorts]

But if the bank seizes your £1bn worth of assets that secured the loan and allows them to continue to work... but they take the profit ... then who has the problem? You still owe £1bn and your means of earning the loan repayments - a fraction of that £1bn - has gone. If you can't make the payments and have no income you are destitute and still owe that £1bn !! That would be America's govt and institutions . Their people involved in the now Chinese owned enterprises would still work - and pay some taxes - they'd have the US by the balls.

China cant seize anything. I think you are confused. They can sell the bonds they have bought on secondary markets which would weaken the dollar.

 

[bluethrunthru]

You've gone from China bringing down the US and world economy to being confindent that Trump won't win so none of it matters.

Even if Trump does win and speaks to whom he wishes to speak to in whatever way he wishes, China, and for that matter Japan who own almost as much of the US debt will not bring anything down as it is not in their interests to do so whatsoever.

Why bankrupt your best customer who citizens are funding your expansion ? If anything the worst case scenario is a continued and steady decline for the dollar.

Goodnight and sleep tight because the Chinese are not going to cut their noses off to spite their faces for some flash in the pan Trump presidency.

You are misunderstanding my premise - its not about bankrupting the US its about taking control by stealth by owning its debt and making it do your bidding as China could, Best of both worlds - keep your market open and use it to generate its own money to buy more and more of your goods in a sort of parasitcal relationship.

In any event you are right I don't think it will happen because I suspect Trump knows exactly what will be needed to be a statesman and as he moves to more moderate ground in a potential presidential campaign he would lose support and lose in the race to the Whitehouse

 

[west didsblue]

But if the bank seizes your £1bn worth of assets that secured the loan and allows them to continue to work... but they take the profit ... then who has the problem? You still owe £1bn and your means of earning the loan repayments - a fraction of that £1bn - has gone. If you can't make the payments and have no income you are destitute and still owe that £1bn !! That would be America's govt and institutions . Their people involved in the now Chinese owned enterprises would still work - and pay some taxes - they'd have the US by the balls.

Sorry, that doesn't make sense. If you have a £100k house and a £90k mortgage and the bank decides to repossess the house, you don't still owe the original £90k. That's irrelevant anyway as the Chinese aren't in a position to seize their US assets.

 

[80s Shorts]

You are misunderstanding my premise - its not about bankrupting the US its about taking control by stealth by owning its debt and making it do your bidding as China could, Best of both worlds - keep your market open and use it to generate its own money to buy more and more of your goods in a sort of parasitcal relationship.

In any event you are right I don't think it will happen because I suspect Trump knows exactly what will be needed to be a statesman and as he moves to more moderate ground in a potential presidential campaign he would lose support and lose in the race to the Whitehouse

I dont wholly agree or disagree. Interesting though. I agree about Trump, and if he does not then we all know how that will end.

Gnight blue.

 

[80s Shorts]

Sorry, that doesn't make sense. If you have a £100k house and a £90k mortgage and the bank decides to repossess the house, you don't still owe the original £90k. That's irrelevant anyway as the Chinese aren't in a position to seize their US assets.

They dont have assets to seize. They have government bonds which they can sell which could destabilise and weaken the dollar.

 

[west didsblue]

They dont have assets to seize. They have government bonds which they can sell which could destabilise and weaken the dollar.

Yes I know, I was just responding to the other point. It's not in their interest to weaken the US dollar too much as it would fuck up their US exports.
The chinese have kept their currency artificially weak for years which is why they've had such a huge trade surplus. That can't last forever and things will eventually re-balance.

 

[Gareth Barry Conlon]

Bonds are unsecured debts! Plus the U.S. Can just print dollars to buy there own debt so they have nothing to worry about!

 

[TCIB]

Has his hair fallen off yet at any of his rallies yet ?

 

[EalingBlue2]

Of course they can.

1/ defaulting.... remember how we were warned that to do that as a country was unacceptable on world markets? Remember how we entered years of austerity to avoid that and how Greece and Eire did the same?

2/ If the US decided it wouldn't pay and the dollar was trashed would the dollar remain the international currency of trade? All major commodities like oil are traded in dollars - the Chinese would love to step in with the Yuan as the new international currency of trade and usurp the US.

3/ The US would run out of financial friend PDQ as a result

Don't disagree but how would China do if it's entire financial system collapsed.

China threatening the US would be like a 2 man team rowing the Atlantic and one of them threatening to sink the boat if the other one doesn't row harder