PadawanWarrior
Well-Known Member
Hard to argue with that, lol.
Lots of us are kinda ignorant.
- Thread starter PadawanWarrior
- Start date
Honestly, I have no doubt. With the 'president' currently seated who thinks that tariffs are income, and with everything else he's shoveled to foreign entities for his personal benefit, who doesn't think half of the world is going to pass the US by?
hanimmal
Well-Known Member
Lucky Luke
Well-Known Member
Hey Padi, I get your not very well educated in the great wars or know much about international anything but you may want a small tit bit of info. Allot of those who fought from Commonwealth countries didn't actually serve in there own countries armed forces. 
If memory serves some of Canada's Ace's from WW1 flew with English squadrons (as did some Aussies) for eg
If memory serves some of Canada's Ace's from WW1 flew with English squadrons (as did some Aussies) for eg
Last edited:
CunningCanuk
Well-Known Member
Just like every other lender they take ownership of property if you can’t pay. That includes infrastructure projects.
hanimmal
Well-Known Member
America owns America, China is a very strong economic powerhouse, but they do not own us. All of our government debt is not going to be cashed in on until the bond matures. At that point China would get paid with American dollars, which eventually needs to get spent in America or to another country that will then trade with America.
hanimmal
Well-Known Member
The Treasury can just print the money on that government debt. It would cause some inflation for us, but it would get paid.
Wattzzup
Well-Known Member
I agree with everything except American dollars do not need to be spent in America. American Dollars are accepted in almost every country on the planet.
America owns America, China is a very strong economic powerhouse, but they do not own us. All of our government debt is not going to be cashed in on until the bond matures. At that point China would get paid with American dollars, which eventually needs to get spent in America or to another country that will then trade with America.
and stop posting your facts that are really just bringing the argument to a stop.
PadawanWarrior
Well-Known Member
That's what he said. Read the last sentence.
CunningCanuk
Well-Known Member
I was going to telll him to look up Dieppe or Juno Beach but I got pissed off and just told him to fuck off.Hey Padi, I get your not very well educated in the great wars or know much about international anything but you may want a small tit bit of info. Allot of those who fought from Commonwealth countries didn't actually serve in there own countries armed forces.
If memory serves some of Canada's Ace's from WW1 flew with English squadrons (as did the Aussies) for eg
Are you subscribing to the Idi Amin economic policy? Need more money just print it?
That could cause a lot more economic trouble than some inflation.
Lucky Luke
Well-Known Member
And why would Canadians have been speaking German? Thats as ridiculous as saying Australians would of been speaking German,
Germany invaded Russia in 1941. They invaded it because they simply could not feed their population. For some strange reasons all the farms in France suddenly became not very productive (didnt help that the Germans- a predominately horse and cart Army took all of the tractors). So as early as 1941 the invasion of England was off the table.
Now lets presume that Germany could feed itself and its newly gained territory and invaded England, Scotland, Wales and Ireland instead of Russia and they won those territories. Is England defeated? Not by a long shot. The Commonwealth is so much more than that small area and time would of been on the side of the allies to rebuild and launch a counter punch. Also again the English farms that famously got so productive during the war would become very unproductive just like those in France.
So a little insight for you.
Germany invaded Russia in 1941. They invaded it because they simply could not feed their population. For some strange reasons all the farms in France suddenly became not very productive (didnt help that the Germans- a predominately horse and cart Army took all of the tractors). So as early as 1941 the invasion of England was off the table.
Now lets presume that Germany could feed itself and its newly gained territory and invaded England, Scotland, Wales and Ireland instead of Russia and they won those territories. Is England defeated? Not by a long shot. The Commonwealth is so much more than that small area and time would of been on the side of the allies to rebuild and launch a counter punch. Also again the English farms that famously got so productive during the war would become very unproductive just like those in France.
So a little insight for you.
Last edited:
CunningCanuk
Well-Known Member
See what China has done in Africa
America owns America, China is a very strong economic powerhouse, but they do not own us. All of our government debt is not going to be cashed in on until the bond matures. At that point China would get paid with American dollars, which eventually needs to get spent in America or to another country that will then trade with America.
edit: I should clarify I’m not just talking about the government’s national debt but all loans.
Corporate loans may go through “private” banks but essentially all are state loans, as I understand it.
Last edited:
Wattzzup
Well-Known Member
They don’t “trade” it back to us. Lots of countries use American dollars with no problems. The store doesn’t immediately send it back to the US when they get it.
Last edited:
Budley Doright
Well-Known Member
Compare populations at the time. The States sat back and watched. Only after they were attacked did they enter the war. Canada was there fighting at the start. Your sacrifices were huge but so was Canada’s, if you are comparing per capita it was about equal. Your statement about us sitting back is false and your are an uneducated fool......Trump loves you and thanks you for being dumb.Wow man. You can thank the US and Russia mainly for that one. Canada is no superpower. You'd be the one speaking German if it wasn't for us, the Soviet's and a few others.
Sure there were a few of you Canadians, but you didn't sacrifice massive amounts of your people to try and create peace in the World like the US and many other countries. You just tried to sit back and ignore the slaughterhouse that was going on because it didn't involve you. This should put it in perspective.
Research Starters: Worldwide Deaths in World War II | The National WWII Museum | New Orleans
See estimates for worldwide deaths, broken down by country, in World War II.www.nationalww2museum.org
hanimmal
Well-Known Member
Nobody rational would be willing to buy the treasuries from the government if they thought that it would be worthless when they matured. They would be wasting their money if they did. And any irrational entity doesn't have the money to try to ruin our bond market.
I am not suggesting that unlimited debt is a good idea, nobody rational is, but it is also not the boogey man that it is sold as either. There is a reason why the government can't sell treasuries to itself, no matter what the "Fed" conspiracy theories pretend they can. Checks and balances of people buying them only when they have a very high confidence that they are worth it, the government being accountable to the people who vote them in.
If China tried to ruin our economy, they would be killing their own as well, their middle class would then test the limits of 'president of life'.
That is also what I meant, thank you for clarifying it. Eventually all that money has to make its way to our economy, or yes to another country that uses the dollar, but anyway you slice it, America benefits along with the person who gets the slightly more money back for their investment.
CunningCanuk
Well-Known Member
Right. For that to happen it would require the Chinese government‘s leadership to act irrationally. I wonder what the consequences would be if, for example, the President of the United States were to act irrationally? Or provoke the Chinese government in some way?
Nothing to worry about I guess.
potroastV2
Well-Known Member
hanimmal
Well-Known Member
But China is still not large enough to do anything more to our economy than Trump has. As bad as we are in right now, all of our wealth is still invested mainly in our country. And now that pandemic happened a lot more 'buy local' is likely as supply lines are shown to be vulnerable.
Japan if nothing else can offset much of what China does to us in that case anyways.
This gives us a chance to bring back all the lost industries home, but with the newest, cleanest/greenest technologies and innovations. Which is better than it would have been done if we tried to keep all that old industrial infrastructure here back in the 80s.
As bad as everything is, I am still pretty hopeful for the future. This too shall pass.
topcat
Well-Known Member
Uh huh.Love Gwen.
Wattzzup
Well-Known Member
Unfortunately a trillion dollars is a lot of money. Lay out 999,000,000 of something and then add another billion. See you in a few weeks. We put trillion but not too many people really grasp how much money that really is.But China is still not large enough to do anything more to our economy than Trump has. As bad as we are in right now, all of our wealth is still invested mainly in our country. And now that pandemic happened a lot more 'buy local' is likely as supply lines are shown to be vulnerable.
Japan if nothing else can offset much of what China does to us in that case anyways.
This gives us a chance to bring back all the lost industries home, but with the newest, cleanest/greenest technologies and innovations. Which is better than it would have been done if we tried to keep all that old industrial infrastructure here back in the 80s.
As bad as everything is, I am still pretty hopeful for the future. This too shall pass.
you think America is bringing industrial back here? I don’t see it. Labor is too cheap in poor countries. They move back they’re fighting unions, lazy Americans, etc. I just don’t see it.