• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      1 year ago

      China is already the main trading partner for most countries in the world, and a bigger economy than US in terms of PPP. The only one who seems to be inhabiting the dream realm here is you.

      • Qazwsxedcrfv000@lemmy.unknownsys.com
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        1 year ago

        As if our dear Uncle Sam does not trade 😭😭 Oh yeah by PPP Indian economy is larger than that of Japan and Germany combined too. Hurray India is an advanced economy now. Give the per capita figure a look and wake up.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          1 year ago

          You keep on laughing while you can there. Soon even the most propagandized elements of society are going to be forced to engage with reality. Then the rest of us will laugh. 😂

              • fuck reddit@lemmy.ml
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                1 year ago

                The US pays it’s bills. China defaulting devalues it’s currency, making payment necessary in dollars. The US has a hard limit on how much yuan it will exchange for dollars to prevent a run on the currency. China cannot get enough dollars to pay the bill, while the US is the one country in the world to which China can’t just say “lol no.” Assets will be forfeit or one sided deals favoring the US will come out of this. The devaluation of the primary currency of a major trade partner means their goods cost less and their interest increases

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  1 year ago

                  US economy would collapse overnight without China, thinking that US has some sort of upper hand here is the height of comedy. US doesn’t produce much of anything today, its industrial base is around 11% of its GDP, and there is no substitute for China which is central to most supply chains.

                  • fuck reddit@lemmy.ml
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                    1 year ago

                    China needs buyers. If the US stopped buying from China, it would be the same situation in China. Their economies are so intertwined that a war between them, even just financially, would ruin both

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              1 year ago

              Thanks for linking a concrete example of China not giving a fuck about what US thinks. What’s US gonna do about it, whinge and cry like the article you linked is doing? 😂😂😂

              • fuck reddit@lemmy.ml
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                1 year ago

                OoOO you’re so edgy! Now watch as the US continues to regionally encircle China via each of their neighbors. They’re already moving tech and manufacturing next door to India. Japan and S Korea are building their militaries again in response to continued threats by China.

                Wasn’t your original argument about how much money and power China has? This makes their bid to become the international business currency look like the economy of Greece. What are they going to do about all of their seized assets across the globe? FIGHT THE US?

                You pay up, or you lose your investments. That’s how money works. Man, you’re bad at this!

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  1 year ago

                  LMFAO the least propagandized American has logged on. Go read up on how US war games against China turn out.

                  Also, it’s absolutely adorable that you think that China hasn’t protected their assets from US after seeing US seize Russian assets.

                  The question you should be asking yourself is what US is going to do when China cuts you off from all the stuff produced in China. Not like US has an industrial base of its own like a real country. 😂

                  • fuck reddit@lemmy.ml
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                    1 year ago

                    I’ll wait while you source your info, since I sourced mine. You can respond to: fighting the US, China’s financial position in the world and their international debt, or just how you believe China can protect assets on another continent. Go ahead.

                    It’s nice you think I’m American. Throw me some more emojis to try to make your points really stick.