$1.6T in century-old Chinese bonds offer Trump unique leverage against Beijing The Lewisburg, Tennessee-based American Bondholder Foundation holds $1.6 trillion of century-old Chinese debt, including interest, dating to before the founding of the communist People’s Republic of China, that it wants the administration's help in redeeming. There is an estimated $6 trillion or more of the debt outstanding worldwide. The bonds were issued by the Republic of China -- which ousted the imperial government in a coup -- as far back as 1912 and backed by gold; they were defaulted on in 1938. The ROC government fled to Taiwan, where it remains the official ruling body, after Mao Zedong’s communist party took over following the 1949 end of the revolution. There's international precedent for such a move: Prime Minister Margaret Thatcher ordered Beijing in 1987 to make good on the bonds owned by Brits or lose access to the British capital markets. Then-Chinese President Li Xiannian’s government obliged, reaching a settlement of 23.5 million British pounds. Link - https://www.foxbusiness.com/markets/...verage-beijing 777
Hey "DA" it looks like trump is caving on his threat to defund WHO. I think Fauci smacked him a couple of times, too. He may well drop out of the race befor NOV. I think the republicans are trying to get glen beck to run in his place.
where the hell would anybody find $1.6 trillion, in 1912. That would be something like $13.5 trillion today. There's a lot of differance between $50 million and 1.6 trillion. They'll just give trump another "corona-finger".
You can't stand the guy because he gets shit done in spite of all the ducks surrounding him...........he dumps on you and your ilk every day......and farts in your general direction...........he will win the next election in a landslide, just as the new vacinne is introduced.......I'll have 4 more years of bashing your shinny, feathery ass..... 777
As usual duck...you are wrong...........when the Trumpster wins.....it is a win for me and the country, AND a lose for you and your scum friends.that hate him, no matter the good he does for the country...........that hate, regardless of the good he does, is a symptom of you and your other haters being fucked up in the head.....fucked up in the head is what you are. 777
you know who...just bought a fry pan.......I'm tellin' ya...the somonabitch is not only as dumb as a rock...but dangerous. 777
leave it to 777 leave it to duck.... takes that somonabitch an hour and a half to watch 60 minuters. 777
