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Do you support or just excuse Chinese military spending based on "because of the US"? Do you support US military spending?
If China acts militarily against the US, the debt is cancelled - causing China to fragment and the US to become the richest nation ever. Please, please China let the US cancel its debt.
^ That claim is absurd, but you keep repeating the claim. If the US refused to honor any foreign debts we have, it is the end of the American economy. Hyper-inflation would hit within 2 weeks, when essentially every retail shelf goes empty. Write off the stock market. So would gas pumps as countries refused to accept American money for oil purchases. Within a month the USA would be a 3rd world country economically. China, having a massive industrial base and not dependent on the US market would recover. The Chinese society does not run and live on American products. The USA would not.
The USA filing bankruptcy with the world really doesn't eliminate the debt and save all that money. It would make American money worthless. Nor is it that the debt can just be "cancelled." China isn't holding a stack of IOUs like you seem to believe.
But the REAL winner would be Russia of such an economic war between China and the USA.
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