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If China launched economic warfare, the U.S., with the stroke of a pen, would cancel the debt they hold!


33 posted on 11/29/2006 6:43:30 PM PST by crghill
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To: crghill
If China launched economic warfare, the U.S., with the stroke of a pen, would cancel the debt they hold!

I don't quite understand what you said. What would be the specific actions?

65 posted on 11/29/2006 7:53:01 PM PST by stripes1776
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To: crghill
If China launched economic warfare, the U.S., with the stroke of a pen, would cancel the debt they hold!

They chicken Little's don't understand that. I remember Alan Greenspan saying that in so many words when asked around the time of the Chinese plane bumping incident.

87 posted on 11/30/2006 1:01:56 AM PST by AmericaUnited
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To: crghill
the U.S., with the stroke of a pen, would cancel the debt they hold!

And with the stroke of a pen render the dollar worthless throughout the world.

106 posted on 11/30/2006 3:57:38 AM PST by arthurus (Better to fight them over THERE than over HERE)
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To: crghill

We have to many trade agreements that would be declared null and void shortly after a trick like that.

Other nations have tried to just write off the debt, it never works.


145 posted on 11/30/2006 6:40:22 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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