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[–] Patient-00 0 points 1 point (+1|-0) ago  (edited ago)

Yeah...but amount of US debt ..in US T-Bills-owned by China...would make an economic war impossible( they could dump enough T-bills onto the market to make the US dollar equal to the Argentinian dollar)...that amount of financial power over the markets means physical war in The Trump Admin

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[–] Opposed-Forces [S] 0 points 3 points (+3|-0) ago 

They (China) couldn't do that without completely collapsing their own economy. Nearly half (if not actually more) of China's wealth is wrapped up in the (assumed) value of the US debt they hold. Dumping that on the world market to crash the dollar makes no sense, not to mention the fact, that other countries central banks would read the play and refuse to buy debt with ever decreasing value.

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[–] Patient-00 ago 

Oh Yeah...if China goes along this trail and kills the US markets by dumping....they might actually gain in the short term (Stock trader pay attention)...but when The People of the USA get off their asses (in the long term) and start opening steel mills and aluminum mines...China gonna wonder WTF in 15 yrs