[Toddsterpatriot]

Meanwhile, the U.S. winds up being a sad, deluded, basket-case debtor nation, with no chance to recover back as against China, ..... trying scrape up any foreign exchange to repay the massive debts owed to...China etc.

If we owe debts in dollars, we don't need to "scrape up foreign exchange", we just pay back the debt with dollars.

You just like to hear yourself talk, don't you? You never add any information to the discussion. At least no correct information.

[nopardons]

hehehehehehehehehehehehehehehehehe

[Paul Ross]

If we owe debts in dollars, we don't need to "scrape up foreign exchange", we just pay back the debt with dollars.

Not if they aren't accepted. This too has happened in countries before. The Bannan Republics could no longer issue their own debts...and had to buy European and U.S. debt monetized in their home currencies. Hence, after a crash, the ongoing continuing debt operation will no longer be able to be monetized in dollars for the fresh capital the phoney free traders keep insisting we need to be borrowing.

You just like to hear yourself talk, don't you? You never add any information to the discussion. At least no correct information.

Excuse me, but this sounds like you talking about yourself, as usual. Pretty bad case of "projection", Todd. You need help.