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zraver · 03-05-2007, 23:32 PM

The US economy can survive the debt dumping in the short term as an act of war. The debt is only really dangeorus to the US if it has to be serviced long term.

The US can cancel its debt at any time simply by choosing to do so. While defualting would cause major problems it is survivable, it is also unavoidable in the long run. China knows that 1 trillion will never be paid back, they didn't buy it to have it paid back, but to keep its primary market place open. China and the US are engage din a double extortion of each other. China has to buy US debt to sell in the US, and the US has to open its markets to sell its debt.

Taiwan is easily worth 1 trillion dollars to the PRC, after the 1 trillion isn't real Taiwan is.

03-05-2007, 23:32 PM	#13 (permalink)
zraver Contrary by nature. *Military Professional* Join Date: 10-22-06 Location: Arkansas Posts: 3,407 Country:	The US economy can survive the debt dumping in the short term as an act of war. The debt is only really dangeorus to the US if it has to be serviced long term. The US can cancel its debt at any time simply by choosing to do so. While defualting would cause major problems it is survivable, it is also unavoidable in the long run. China knows that 1 trillion will never be paid back, they didn't buy it to have it paid back, but to keep its primary market place open. China and the US are engage din a double extortion of each other. China has to buy US debt to sell in the US, and the US has to open its markets to sell its debt. Taiwan is easily worth 1 trillion dollars to the PRC, after the 1 trillion isn't real Taiwan is.