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Friendly reminder the US owes China over USD$1 trillion
I imagine China's going to have to write that off at some point.
And the US have a monopoly on USD production, so not a huge problem for them.
Why is China listed on there three times?
Genuinely good question — especially Hong Kong?!
It's gonna be really funny when the US realizes that it can't expect other countries to transfer their wealth to the US when there's no more wealth to transfer because they've been extracting it for a century.
I expect it's more likely going to be because these countries are going to refuse doing business with the west as they start aligning with BRICS.
this post was submitted on 11 Sep 2023
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