The old joke is “If you owe the bank a million dollars the bank owns you, but if you owe the bank a billion dollars you own the bank.”
But we’ll never let the Chi-Commies collect from the Fed. Defaulting would be grave, but what is the rest of the world gonna do? Stop trading with us?
The entire World is going to experience a major wake up.....I regret to say, there is only one outcome of all of this.....taint gonna be pretty.
“Stop trading with us?”
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We are becoming pathetic as a nation.
We should be the ones calling the shots.
Stop trading with China, intercept their ships and shut it down. THEN start.
Yes start. Negotiating.