Snappo
Banned
- Joined
- Aug 29, 2013
- Messages
- 376
- Reaction score
- 57
- Gender
- Male
- Political Leaning
- Libertarian
With Russia and China both positioning themselves against another U.S. war, it would be very messy for us to go in there. Not to mention, the evidence for it is shaky, once again.
Do you know who our #6 creditor is for USA debt? Russia. Know who #2 is? China. Only the American Public holds more USA debt than China. Economists are saying Russia will have a debt crisis by 2030 no matter what. Vlad Putin absolutely will not go to war with USA and risk USA defaulting on a few hundred billion dollars of debt. Russia's GDP is 1.8 trillion, whereas USA is 14.99 trillion. We can afford a $200 billion default, but Russia absolutely cannot. China, with a GDP of 7 trillion can afford a few hundred billion; but that's not what we owe them. We owe them a tad over $1.1 trillion; which they cannot afford for us to default on. China also does $500 billion in trade-goods with USA on the export side and $100 billion on the import side. She can ill afford for both of those numbers to go to $0. I am honestly not worried about China or Russia. Just like USA, they stand to make a lot of money supplying arms and rebuilding the countries that get leveled.