Striper Talk Striped Bass Fishing, Surfcasting, Boating

     

Left Nav S-B Home FAQ Members List S-B on Facebook Arcade WEAX Tides Buoys Calendar Search Today's Posts Mark Forums Read Right Nav

Left Container Right Container
 

Go Back   Striper Talk Striped Bass Fishing, Surfcasting, Boating » Striper Chat - Discuss stuff other than fishing ~ The Scuppers and Political talk » Political Threads

Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
Thread Tools Rate Thread Display Modes
Prev Previous Post   Next Post Next
Old 04-27-2020, 12:25 PM   #30
detbuch
Registered User
 
Join Date: Feb 2009
Posts: 7,725
Quote:
Originally Posted by Pete F. View Post
I insist that the guy negotiating for me not be beholden to the organization I'm negotiating with.

Nothing strange about that, just a little due diligence, that's always avoided by a con artist.
Insist all you want, but if the organization as a whole owes over a trillion dollars to the organization it is bargaining with, the debtor nation is in a whole lot of hurt, regardless of who its leader is and how much that leader owes. China can call in payment for the debt in either case. Trump has way more in assets than it owes China. He can sell enough to pay his debt which is due in a couple of years, still have enough left to be super wealthy and continue to make profits from the businesses his family owns, as well as having a very lucrative pension from the US government. The US has to borrow to pay debt, unless its willing to sell the federal land that it owns--which probably would not happen. It would have to "print" that money causing it to be worth less as well as how much less it's value is already losing due to the trillions borrowed to float us through the pandemic.

What the leader can do in a case where the debtor country has been far more economically damaged by its creditor than the amount it owes to it, is relinquish its debt to that creditor as partial payment for the damage that creditor has caused. And, it can feasibly relinquish the debt that its citizens owe to that creditor to make up for the balance owed to itself.

China is in a bad way regarding the damage it's caused by carelessly or deliberately letting the virus spread outside its borders. I would applaud Trump if he demanded reparations from China.
detbuch is offline  
 

Bookmarks

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:36 AM.


Powered by vBulletin. Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Please use all necessary and proper safety precautions. STAY SAFE Striper Talk Forums
Copyright 1998-20012 Striped-Bass.com