Author Topic: China's First Carrier Entered Service This Week  (Read 3054 times)

Offline zack1234

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Re: China's First Carrier Entered Service This Week
« Reply #90 on: October 03, 2012, 10:15:02 AM »
China would starve :old:
There are no pies stored in this plane overnight

                          
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Offline oboe

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Re: China's First Carrier Entered Service This Week
« Reply #91 on: October 03, 2012, 11:15:08 AM »
Since nobody really got what my end the US comment was about, here to clarify:

The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

If China decided to dump these assets the US currency would basically default and I hope I don't have to explain to you what that means.


Can China really dump 1.2 trillion in assets?  Who would buy them?


Offline Nathan60

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Re: China's First Carrier Entered Service This Week
« Reply #92 on: October 03, 2012, 01:58:21 PM »
Since nobody really got what my end the US comment was about, here to clarify:

The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

If China decided to dump these assets the US currency would basically default and I hope I don't have to explain to you what that means.




Bah! I default allthe time no big deal. Just dont answert the phone.
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Offline JunkyII

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Re: China's First Carrier Entered Service This Week
« Reply #93 on: October 08, 2012, 11:27:27 PM »
Since nobody really got what my end the US comment was about, here to clarify:

The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

If China decided to dump these assets the US currency would basically default and I hope I don't have to explain to you what that means.



We understood what you meant.....But that ruins their economy as well, and that starts a War, just how it is.
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