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China raises five demands during Yellen’s visit (asiatimes.com)

submitted 1 year ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] ruck_feddit@lemmy.ml 1 points 1 year ago* (last edited 1 year ago)

And I will keep saying it: one side paying their debts while the other does not, is not some flex of power. It's showing one side is a dependable ally and the other is not. This directly impacts their currency. If you think not paying debts to international debtors is important, I have a stack of trillion dollar Zimbabwe ZWD to sell you. They go for like $10 or €9.

[-] yogthos@lemmy.ml -2 points 1 year ago

And I keep saying it: one side is forced to pay their debts to the other. It's absolutely hilarious that you think the side being forced to pay is the side that's actually showing strength. When a schoolyard bully takes your lunch money, it's actually you showing strength by giving it. 😂

[-] ruck_feddit@lemmy.ml 1 points 1 year ago* (last edited 1 year ago)

I don't think you understand the premise. China cannot force payment. The US is doing it because they want the dollar to stay high. It's pretty adorable that you think just not paying is a thing to any country. That's been done: Greece, Zimbabwe, China in the 90s and it keeps turning out the same way.

China isn't paying because they can't afford to. Stealing isn't a flex, buying a supercar is though (NGAD, Patriot missile system, worlds largest car carrier fleet, worlds largest and most numerous ballistic missile subs, etc).