China owns our debt though so technically they own the US not Europe or IMF. Maybe I’m mistaken but that seems to be the case. IMF may implement such a scenario if US defaults on debt (watch for June 1st).
Discussion
China is intertwined with the western system it's not a single sovereign system it relais on trade with the west.
China did in 20 years what the US did in a century in regards of money printing and that will have consequences.
I'd say their economy is the even bigger bubble then the one of the US but both belong together at the end and will go together once the day comes
Yes but China owns our debt so if we default they literally own us. I don’t know much about their currency or inflation rate but the fact that they own our debt pits them at an advantage and although their market will be impacted by crash in ours, they will benefit most regardless and any crash on their part will be more of a correction than restructuring. We own a hundred trillion now and we can’t possibly print more. Plebs will be plebs but there’s gotta be a solution such as Hamiltonian banking instead of being owned by China.
I don't understand how you get to the point that China owns the US through debt?
Can't print more? Looke up the man in my Profil Picture he will tell you that they can print until physical exhaustion and that's what they will do as they have no other options and are not ready to accept that they made mistakes, they rather pump it up and crash it into their new system, alla Great Reset which the world economic forum is partnered with Ripple and Other Shitcoin Companies and Foundations as the Cardano foundation for which already build the base for the new system.
The Altcoins have been created by them, you can clearly see their sponsored psychological warfare tactics waged against Bitcoin through their deplorable speakers in the "Crypto Space" many said people attending the miami conference right now as speakers, they are beeing played aswell.
If we default on our debt, they own us because they own our debt. We can’t pay back in currency so we pay back in literal capital (us citizens).