Hey China

[da prez]

  You know that three trillion dollars we owe you , consider it paid.    And by the way , any U.S. holdings you have will be repossessed . We will send you a bill for the balance.

                                       da prez

[Chrisj CMA]

  You know that three trillion dollars we owe you , consider it paid.    And by the way , any U.S. holdings you have will be repossessed . We will send you a bill for the balance.

                                       da prez

Exactly what I have been saying.  No debt. They owe us!

[f6john]

I wonder how the nuts and bolts of this would/could work?

[Valkorado]

They owe us big time.  Last time I checked US debt to China is  1.1 trillion.  I'm with Jeff, we owe nada, they should  owe us several trillion more at least.  And families with C-19 victims should have the right to sue.

But since they keep stealing our technology, including recent labratory research, all bets are off.  We can probably make their lives extremely difficult, but it's their people who will suffer when it's the ChiComs we want to pay.

Another no easy answers situation.

[old2soon]

         What did china take in money wise in the last 10 years? Triple it add 10 trillion and git it to us-NOW! RIDE SAFE.

[Serk]

The catch is that right now, at this moment, we can't make our own antibiotics, medicines, electronics, cars, Harley Davidsons, chairs, flashlights, batteries, furniture, cars...... Dang near ANYTHING without China...

If they cut US off we're screwed.

Yes, we need to fix that, but RIGHT NOW we're dependent on them.

.....as they're dependent on us.

It's a classical Mexican standoff, but with goods and money.

We need to get out from dependence on them, but RIGHT NOW we're too interdependent to survive each without the other.

[The emperor has no clothes]

The catch is that right now, at this moment, we can't make our own antibiotics, medicines, electronics, cars, Harley Davidsons, chairs, flashlights, batteries, furniture, cars...... Dang near ANYTHING without China...

If they cut US off we're screwed.

Yes, we need to fix that, but RIGHT NOW we're dependent on them.

.....as they're dependent on us.

It's a classical Mexican standoff, but with goods and money.

We need to get out from dependence on them, but RIGHT NOW we're too interdependent to survive each without the other.

agreed  it makes me wonder if we could even wage war without their dependence. 

[scooperhsd]

The catch is that right now, at this moment, we can't make our own antibiotics, medicines, electronics, cars, Harley Davidsons, chairs, flashlights, batteries, furniture, cars...... Dang near ANYTHING without China...

If they cut US off we're screwed.

Yes, we need to fix that, but RIGHT NOW we're dependent on them.

.....as they're dependent on us.

It's a classical Mexican standoff, but with goods and money.

We need to get out from dependence on them, but RIGHT NOW we're too interdependent to survive each without the other.

I wouldn't call it a Mexican standoff, but rather, we each have our hands in the other's pocket, so to speak.
Not a good situation to be in with our latest superpower rival....

[shadowsoftime]

What about the 100,000 plus American deaths, can't put a price tag on that.   

[Jersey mike]

https://www.foxbusiness.com/markets/historic-chinese-bonds-trump-leverage-beijing

“The Lewisburg, Tennessee-based American Bondholder Foundation holds $1.6 trillion of century-old Chinese debt, including interest, dating to before the founding of the communist People’s Republic of China, that it wants the administration's help in redeeming. There is an estimated $6 trillion or more of the debt outstanding worldwide.”

“The bonds were issued by the Republic of China -- which ousted the imperial government in a coup -- as far back as 1912 and backed by gold; they were defaulted on in 1938. The ROC government fled to Taiwan, where it remains the official ruling body, after Mao Zedong’s communist party took over following the 1949 end of the revolution.“


The article continues after those 2 paragraphs.

[Patrick]

I'm thinking we'll still end up owing china. These new multi trillion dollar bail outs can only be covered by them.

[G-Man]

The catch is that right now, at this moment, we can't make our own antibiotics, medicines, electronics, cars, Harley Davidsons, chairs, flashlights, batteries, furniture, cars...... Dang near ANYTHING without China...

If they cut US off we're screwed.

Yes, we need to fix that, but RIGHT NOW we're dependent on them.

.....as they're dependent on us.

It's a classical Mexican standoff, but with goods and money.

We need to get out from dependence on them, but RIGHT NOW we're too interdependent to survive each without the other.

I whole heartedly agree and I am ready to face the consequences of us becoming self sufficient and no longer dependent on other nations that wish us harm.  What consequences might that be?  Well, MUCH higher prices at the consumer level, for one.  How many posts have you read about drug prices?  Imagine if they were produced here, by union employees, in new facilities regulated by the FDA and the billions it costs to comply with all of their regulations, etc.?  The costs of doing business here are much higher.

 
 

[Alberta Patriot]

WWII would be an example of how the West ramped up industry at lightening speed to defeat enemies on two fronts. The my pillow guy Mike Lindell, a present day example, converted his factories within a few days to produce hundreds of thousands of masks. The REAL challenge IMHO is getting "Shut Down" minded Political Hacks out of the way or out of office so everyone else can step up and take those jobs back from the China.

How does that get done?? People saying and demonstrating that they are mad as hell and won't take it any longer. People want and need to get back to work.

A Pelosi 3 Trillion Dollar Political Pork Filled Aid Package is the last thing needed and the Political Hacks who devised it know damn well it will kneecap the economy for years.
BTW, those who might suggest that I should mind my own business, the Political Hacks are a world wide problem and will ensure the same negative economic consequences...Globally.

[scooperhsd]

Senate Majority Leader Mitch McConnell said it was DOA in the Senate.

Helping people who need it is one thing, but without all the Political BS that Pelosi was trying to include.

[cookiedough]

I say let us think about the future instead.  I say the United Nations EFFECTIVELY IMMEDIATELY outrule all fly by night animal markets in the streets selling these unapproved not tested animals for food.  This is where the virus came from most likely correct?   BAN all of these street animal markets NOW in China and all over the rest of the world.

That is do-able right?     let us not have another pandemic like this at least in our lifetime anyways.

I cannot imagine 20-25% US unemployment and hope not this is permanent for those 20% or so which is unheard of in my lifetime 1 in 5 not having jobs. 

[Willow]

... outrule all fly by night animal markets in the streets selling these unapproved not tested animals for food.  This is where the virus came from most likely correct?   ...

That is do-able right?   ...

I cannot imagine 20-25% US unemployment and hope not this is permanent for those 20% or so which is unheard of in my lifetime 1 in 5 not having jobs. 

No, it's not most likely where the virus came from.

No, it's not doable.  China is a nation of multiple billion people, many of whom are less than first world developed societies.  The U.N. or other world entities can make demands but China will do what they'll do.  If not, what will be done against them?  Go to war against 1/3 the world's population?

Maybe it's best to stop blaming the Chinese for the damage done to the U.S.  The virus came from China but the damage done to the U.S. has been done by our own ineffective attempts at mitigation.

[Valkorado]

I don't know.  If the ChiComs had drawn the reigns instead of knowingly releasing their artificially inseminated bouncing baby upon the world, mitigations wouldn't have been necessary in any other country.

[Willow]

I don't know.  If the ChiComs had drawn the reigns instead of knowingly releasing their artificially inseminated bouncing baby upon the world, mitigations wouldn't have been necessary in any other country.

My point is that though other countries may have taken that path they weren't necessary in ours.  Past experience supports that.  Trillions of dollars were needlessly "spent".  It's been our (whole population) own behavior that has resulted in extensive social and economical damage.

Thank the media.  The CCP is responsible for a lot but we ourselves chose several turns in that path.

[Wizzard]

... outrule all fly by night animal markets in the streets selling these unapproved not tested animals for food.  This is where the virus came from most likely correct?   ...

That is do-able right?   ...

I cannot imagine 20-25% US unemployment and hope not this is permanent for those 20% or so which is unheard of in my lifetime 1 in 5 not having jobs. 

No, it's not most likely where the virus came from.

No, it's not doable.  China is a nation of multiple billion people, many of whom are less than first world developed societies.  The U.N. or other world entities can make demands but China will do what they'll do.  If not, what will be done against them?  Go to war against 1/3 the world's population?

Maybe it's best to stop blaming the Chinese for the damage done to the U.S.  The virus came from China but the damage done to the U.S. has been done by our own ineffective attempts at mitigation.

Right on and to suddenly cancel our debt with China and disengage with them suddenly would have very devastating effects on all of us and our country. We depend on each other massively,

[Valkorado]

I don't know.  If the ChiComs had drawn the reigns instead of knowingly releasing their artificially inseminated bouncing baby upon the world, mitigations wouldn't have been necessary in any other country.

My point is that though other countries may have taken that path they weren't necessary in ours.  Past experience supports that.  Trillions of dollars were needlessly "spent".  It's been our (whole population) own behavior that has resulted in extensive social and economical damage.

Thank the media.  The CCP is responsible for a lot but we ourselves chose several turns in that path.

I agree Willow but "we ourselves" didn't have much choice.  Whether it was necessary or not, and whether the media was the only causal factor, the initial lockdowns in America were not initiated by "us".

That said most of us are increasingly finding ourselves being able to do more in society, according to our own levels of comfort and risk vs. reward rationales.  I'm good with that.

Those who want more involvement in decision making processes including pandemic response should find constructive avenues to become involved in those processes, including running for office.

Criticizing the decisions after they've been made is sure understandable.  It is a much better option than a violent uprising, but it still amounts to armchair quarterbacking.

There are lots of those nowadays.