Billy Ram Balgobin posted:Baseman posted:caribny posted:Baseman posted:Chinese is eager to load you up on debt as they need to put their trillions at work. They pregnant with America holdings already.
The GoG was prudent is declining their offer to build an expensive over dimensioned Demerara bridge.
The difference is that they own US assets, including treasuries. They aren't providing direct loans so their ability to capture the US economy will be less.
China buys US assets because they like the US$. The minute that they don't there will be a fire sale. Hopefully Trump understands this as he continues to push his head in the Chinese tiger's jaws betting that he will not bite it off.
China buys US assets because it likes USD? Yuh funny 😄 rass!! And you hope Trump understands!! Funny 😄 no ass.
They buy US assets because the US is stable country you can invest in with confidence.
I know why, Cribby say they like usd. China has no alternative except to now colonize 3rd world countries! Trump give them lil shivers!