Quote:
Originally Posted by mapuc
maybe not the right thread...
In 15 to 20 years from now China have occupied Taiwan and USA/Europe haven't done nothing.
China just say to the american: if you and your allied close your eyes we will reduce your debt by xxxx billions.
Got this, idea when I saw an interview with the former ambassador to USA.
He said so (we will get Taiwan somehow)
Markus
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China may be the largest foreign holder of US debt depending on the day of the week (the position actually trades back and forth between China and Japan), but they still don't hold a majority of the debt. China forgiving the entirety of our debt wouldn't even drop it by 10%. The problems between China and the US go deeper than just Taiwan, unfortunately. They're becoming a destabilizing force in Asia, and their foot dragging on and out right blocking in the UN of other efforts that are central to US interests such as Iran tends to not go over well with us.