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To: Jack Hammer

As I mentioned in another thread, we PO Xi and his comrades, they call in our debt....then what happens? Hmmmmmmm?


8 posted on 10/30/2015 3:55:00 AM PDT by Shady (We are at war again......this time for our lives...)
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To: Shady

You cant call in debt, you apparently dont know anything about bonds.


9 posted on 10/30/2015 4:01:02 AM PDT by MARKUSPRIME
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To: Shady

“As I mentioned in another thread, we PO Xi and his comrades, they call in our debt....then what happens? Hmmmmmmm?”

In the event of war, the enemy assets are seized and held in a trustee account pending future settlements against the estate. Given the damages incurred during a war, the enemy’s estate may or may not be assessed damages. If those damages accrue in an amount comparable to any debts owed the enemy, those debts may be offset by the damages awarded by a competent court of law. In other words, any U.S. bonds held by China could end up becoming worthless. due to the assessment of damages incurred during the Chinese aggression against the United States and its allies.


10 posted on 10/30/2015 4:29:57 AM PDT by WhiskeyX
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