China buys U.S. Treasury Bonds (T-Bills) that pay for just about everything the US government needs. Other countries also procure T-Bills: Japan, Korea, Taiwan, etc. But China is in the top 5 in the world. All China has to do is stop buying them everyday...the US taxpayer cannot and has not been able to match the US govt spending spree. The T-Bills are actually loans. They have to be paid back. And the IRS cannot even collect 10% of the money to pay the interest on these loans. If China invaded Taiwan it would technically be knocking out two investors in T-Bills. When Napoleon had trouble paying for his invasion of Russia, he sold the US the French territories from New Orleans to Michigan. The US will not have any money to pay for the loans, let alone the interest, and when hyper inflation kicks in the US public will go apeshit. The Fed can blame China for the war and hyperinflation, but the US Treasury has been printing money like toilet paper, and that's about the value it will have when the war begins. Even without a war, the US is already heading towards bankruptcy. Which explains the massive number of new IRS agents they have hired...
which ones? Tomb Sweeping is no longer a lunar calendar, but falls in the timespan of best Sea States under the Spring lunar period. Ghost Month is still lunar holiday, and it's fairly accurate for Sea States
Sorry, it's kinda an opposite problem...
China buys U.S. Treasury Bonds (T-Bills) that pay for just about everything the US government needs. Other countries also procure T-Bills: Japan, Korea, Taiwan, etc. But China is in the top 5 in the world. All China has to do is stop buying them everyday...the US taxpayer cannot and has not been able to match the US govt spending spree. The T-Bills are actually loans. They have to be paid back. And the IRS cannot even collect 10% of the money to pay the interest on these loans. If China invaded Taiwan it would technically be knocking out two investors in T-Bills. When Napoleon had trouble paying for his invasion of Russia, he sold the US the French territories from New Orleans to Michigan. The US will not have any money to pay for the loans, let alone the interest, and when hyper inflation kicks in the US public will go apeshit. The Fed can blame China for the war and hyperinflation, but the US Treasury has been printing money like toilet paper, and that's about the value it will have when the war begins. Even without a war, the US is already heading towards bankruptcy. Which explains the massive number of new IRS agents they have hired...
It seems to me that YMM and WM talk about two different issues
YMM talks about the US seizing CCP elite's private assets
Which doesn't exclude what WM is talking about - the T-bills
One doesn't exclude the other
which ones? Tomb Sweeping is no longer a lunar calendar, but falls in the timespan of best Sea States under the Spring lunar period. Ghost Month is still lunar holiday, and it's fairly accurate for Sea States
YMM - I agree with you on the Democrats stealing the last election
But DPP election fraud? Do you have any proof of that?