Palo Verde nuclear power plant (the largest nuclear power plant in the US) cost of construction was $14 Billion in today's dollar. There are 93 nuclear power plants in the US. So I guess they could probably take all of them.
Palo Verde nuclear power plant (the largest nuclear power plant in the US) cost of construction was $14 Billion in today's dollar. There are 93 nuclear power plants in the US. So I guess they could probably take all of them.
$859 billion gets you a lot of "stuff"
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
Are you referring to percentage of U.S. Treasury Bills, U.S. Treasury Notes and U.S. Treasury Bonds held by People's Republic of China, Chinese large corporations and Chinese whale investors? It is not wise to worry about U.S. Treasuries defaulting at this time. If there comes a time when U.S. Empire is having difficulty paying interest on Bills, Notes & Bonds and having difficulty providing services to citizens of U.S., U.S. will do what all empires do: shrink military and reduce military expeditionary missions.
Palo Verde nuclear power plant (the largest nuclear power plant in the US) cost of construction was $14 Billion in today's dollar. There are 93 nuclear power plants in the US. So I guess they could probably take all of them.
$859 billion gets you a lot of "stuff"
The US has more to lose than China by defaulting.
It makes no economic sense for a sovereign nation to default on debt issued in its fiat currency.
They wouldn’t default. They’d simply print money to cover the difference, deflating the value of your currency. Obama did this quite often. Biden will likely do this leading into the election to bring down interest rates (rather than cutting spending, which would have a similar impact withou lessening the value of a dollar). Buying up the bonds that are not purchased by others in an attempt to keep interest rates artificially low.
Picture this. You are bidding on a house, or a piece of art, or maybe a rare Honus Wagner baseball card and there’s a guy in the back of the room who keeps raising his hand to drive the price highe…
Palo Verde nuclear power plant (the largest nuclear power plant in the US) cost of construction was $14 Billion in today's dollar. There are 93 nuclear power plants in the US. So I guess they could probably take all of them.
$859 billion gets you a lot of "stuff"
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
I have to assume you are either joking, or a complete moron. If we 'bombed the living sh!t' out of China, life as we know it on this planet ceases to exist. Hopefully this is not news to you.
Palo Verde nuclear power plant (the largest nuclear power plant in the US) cost of construction was $14 Billion in today's dollar. There are 93 nuclear power plants in the US. So I guess they could probably take all of them.
$859 billion gets you a lot of "stuff"
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
No, you won't. China makes more than half of the things you use daily and without them US economy will collapse. Also, if you owe somebody, you pay them back, otherwise it's stealing.
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
No, you won't. China makes more than half of the things you use daily and without them US economy will collapse. Also, if you owe somebody, you pay them back, otherwise it's stealing.
Just print treasuries and pay them with Monopoly money. It’s called currency devaluation. The Chinese do it every couple of years to the yuan to keep up demand for their exports.
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
No, you won't. China makes more than half of the things you use daily and without them US economy will collapse. Also, if you owe somebody, you pay them back, otherwise it's stealing.
Who are you? Mr. Foreign Affairs Agent? We're talking about repossession of American property, not selling rubber ducks at Walmart. If China comes knocking, the US military will end the talking.
If the Chinese try to repossess even one isotope on US soil, we will bomb the living sh!t out of them.
No, you won't. China makes more than half of the things you use daily and without them US economy will collapse. Also, if you owe somebody, you pay them back, otherwise it's stealing.
China and the US are dependent on each other economically. We need their production power and they need us as consumers for their products. If one country decided to put the economic squeeze on the other, it would essentially be a declaration of war, which means mutual destruction.
Both countries can nibble around the edges and saber rattle all they want, but this dynamic isn't changing anytime soon.
No, you won't. China makes more than half of the things you use daily and without them US economy will collapse. Also, if you owe somebody, you pay them back, otherwise it's stealing.
Who are you? Mr. Foreign Affairs Agent? We're talking about repossession of American property, not selling rubber ducks at Walmart. If China comes knocking, the US military will end the talking.
They don't need to come to the US. American companies have billions of assets in China they could seize. 20% of Apple sales are from China, 15% of Nike's, etc. Stopping all American companies from operating in China would send the US economy crashing (along with the world economy).
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