We're in an undeclared war with China ...

[togor]

Is it worth doing anything about?

Would have to have a strategic policy for the region against which to evaluate that question.

[clintonhater]

Would have to have a strategic policy for the region against which to evaluate that question.

The policy of NATO is "sure, we're not afraid to fight, if we have OVERWHELMING superiority, & the odds of casualties on our side is slim." An enemy who can fight back hard...well, that's different.

[RED]

he Chinese have been buying up huge
swaths of land here (most probably farmland) and means of
production. They own and manage much of Africa

Question? How are they going to transport their holdings to China?

[clintonhater]

Question? How are they going to transport their holdings to China?

Only thing they need to transport is the profit. But it's good that China has a "stake" in our economy, so long as they don't manipulate it in some way that's harmful to our economy; foreign ownership of critical industries is already strictly controlled, or could be. Best of all, it provides assets that can be seized if relations worsen, the way hostile foreign gov'ts have seized US assets all over the world.

[togor]

The policy of NATO is "sure, we're not afraid to fight, if we have OVERWHELMING superiority, & the odds of casualties on our side is slim." An enemy who can fight back hard...well, that's different.

I thought we were talking about the Western Pacific, not the North Atlantic?

And what you describe, achieving fire superiority, has been a part of mobile warfare from the beginning.

Just bashing NATO for the heck of it.

[Vern Humphrey]

Only thing they need to transport is the profit.

But how do they do that? Do they ship loads of dollar bills to China? That's only paper.

A company can do three things with profit:

1. Just sit on it and keep it as a reserve (and a little of this is prudent).
2. Use it to expand the business -- and since the business is in the US, that's good for us.
3. Distribute it to the stockholders -- and you and I can buy stock in any of these companies.

[clintonhater]

But how do they do that? Do they ship loads of dollar bills to China? That's only paper.

A company can do three things with profit:

1. Just sit on it and keep it as a reserve (and a little of this is prudent).
2. Use it to expand the business -- and since the business is in the US, that's good for us.
3. Distribute it to the stockholders -- and you and I can buy stock in any of these companies.

One more thing--buy more US T-bills; they already own billions' worth of them.

[gwp]

One more thing--buy more US T-bills; they already own billions' worth of them.

China owns about $1.1 trillion in U.S. debt.

[lyman]

But how do they do that? Do they ship loads of dollar bills to China? That's only paper.

A company can do three things with profit:

1. Just sit on it and keep it as a reserve (and a little of this is prudent).
2. Use it to expand the business -- and since the business is in the US, that's good for us.
3. Distribute it to the stockholders -- and you and I can buy stock in any of these companies.

China is not a company,



in Africa I have read they will go to a country, and say to the leaders,

you want a road from A to B, and a bridge there, and a complex built here,,

we will do it in exchange for quantity of whatever resource that country has that China wants,


so, no money is exchanged, goods are bartered for

[clintonhater]

China owns about $1.1 trillion in U.S. debt.

Right now, we're generating it (debt) faster than they can buy it!

[togor]

Right now, we're generating it (debt) faster than they can buy it!

Federal Reserve is buying as many T-bills as is necessary to keep the government going.

I gotta believe the debt ceiling will come sooner than planned at the last time they voted to raise it.

No telling if the Federal Reserve expects to redeem their bonds at some point, or sell them on the secondary market, or just quietly write them off their books.

Gets me thinking about War Bonds in WW2, as to how many people hung onto them versus those who cashed them for repayment.

https://www.magnifymoney.com/blog/banking/war-bonds/

[Vern Humphrey]

One more thing--buy more US T-bills; they already own billions' worth of them.

Okay, they take the paper they get from us to buy more paper. That's hardly a threat to us -- we can always default.

in the meantime, we have the businesses, factories and jobs.

[clintonhater]

Federal Reserve is buying as many T-bills as is necessary to keep the government going.

Nothing like the right to print your own money.

[dryheat]

I like the term debt ceiling. You an raise it when you feel you need to. How high is it now? I'm guessing out around Neptune or so.

[lyman]

I like the term debt ceiling. You an raise it when you feel you need to. How high is it now? I'm guessing out around Neptune or so.

that wasn't the planet I figured you would use as an example