There may be some risk to those who signed leases or timed agreements.
As a strategic endeavor, I don’t think we have much choice. We simply cannot continue to finance China’s ascension.
I look at all the trade we are conducting with China each month. It’s massive. It is financing the creation of a modern society in a mere couple of decades.
You yank that trade as soon as you can, and China cannot save itself. There’s simply too many irons in the fire.
With full trade right now, China is having a difficult time. Even with diversification, it’s feeling some severe growing pains. I don’t know how it could withstand a hit like the loss of our trade dollars, and continue on in any meaningful way as it relates to global domination.
Massive numbers of it’s populace relocated to the cities based on our trade. That trade goes away and you’ve got massive numbers of very unhappy former workers.
Business loans go unpaid. The private sector expenditures take a massive hit. Payrolls decline massively outside of the manufacturing sector.
In effect, China has happen to it what happened to the U. S.
You can’t pay off debts. You can’t keep your populace employed. The banking system would be in extreme stress in a matter of months if not weeks.
What’s easy to start up and drives your economy as much as U. S. trade did, can’t be lost, or you’re headed back to ground zero.
Our trade comes home and we’re healthy again. We would have full employment in a matter of a few short years.
This is how I see it. Perhaps I’m not seeing the whole picture.
The US has agreed to these conditions under law and penalties will be imposed for failure to fulfill these agreements. The courts and venues have little US representation in their bodies, and have regularly seriously penalized and collected from US entities for non compliance resulting from changes in US Government policy.
Refusal to honor and compensate under these agreements would cause massive consequences for the US, and legal isolation from nearly all foreign support, if there is any.
Additionally, this action directed at a single foreign nation, could be ruled an Act of War internationally, authorizing reasonable remedial action against the US, worldwide.
The US would have no LEGAL response available, just force or threat of force. Any foreign nation harmed could legally impose sanctions on the US, for instance, China could close the Panama Canal to US traffic.
I think you see where this is going, the US is not going to be able to lock China out this late in the game and an attempt to do so will have more than disastrous consequences on the US economy and trading position, assuming American traitors like Feinstein, Blum and their foreign collaborators like Soros would allow it.
The US has created our Chinese Frakenstein, and we will play Hell removing him from preferred seating at our own dinner table.