Trumps China trump card....We're rich !!!

Discussion in 'Offtopic Lounge' started by basicstrategy777, May 14, 2020.

  1. basicstrategy777, May 14, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    $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
     
    #1
    yacraps likes this.
  2. von duck, May 14, 2020

    von duck

    von duck Member

    Joined:
    Feb 10, 2017
    Messages:
    11,334
    Likes Received:
    2,773
    Gender:
    Male
    I'm totally sure, they'll come up with the 1.6 Trillion lickity-split. :confused: :)
     
    #2
  3. von duck, May 16, 2020

    von duck

    von duck Member

    Joined:
    Feb 10, 2017
    Messages:
    11,334
    Likes Received:
    2,773
    Gender:
    Male
    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. :cool:
     
    #3
  4. basicstrategy777, May 16, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    [​IMG]
    777
     
    #4
    yacraps likes this.
  5. Settingcanthurt, May 16, 2020

    Settingcanthurt

    Joined:
    Jul 31, 2015
    Messages:
    6,003
    Likes Received:
    4,665
    Gender:
    Male
    Location:
    Flyover below the tundra
    I don't know what you are smoking but I don't want any as it has you all fuck ed up.
     
    #5
    yacraps likes this.
  6. von duck, May 17, 2020

    von duck

    von duck Member

    Joined:
    Feb 10, 2017
    Messages:
    11,334
    Likes Received:
    2,773
    Gender:
    Male
    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".
     
    #6
  7. basicstrategy777, May 17, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    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.....


    [​IMG]
    777
     
    #7
    yacraps likes this.
  8. von duck, May 17, 2020

    von duck

    von duck Member

    Joined:
    Feb 10, 2017
    Messages:
    11,334
    Likes Received:
    2,773
    Gender:
    Male
    Doesn't matter who wins the next election. It's a lose-lose.
     
    #8
  9. basicstrategy777, May 17, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    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.




    [​IMG]

    777
     
    #9
    yacraps and Settingcanthurt like this.
  10. yacraps, May 17, 2020

    yacraps

    yacraps Member

    Joined:
    Sep 24, 2011
    Messages:
    4,331
    Likes Received:
    4,674
    Gender:
    Male
    Location:
    san diego
    [email protected]#$king 777s LOL..you just made my week again..:D
     
    #10
    basicstrategy777 likes this.
  11. basicstrategy777, May 17, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    you know who...just bought a fry pan.......I'm tellin' ya...the somonabitch is not only as dumb as a rock...but dangerous.


    [​IMG]

    777
     
    #11
    yacraps likes this.
  12. basicstrategy777, May 17, 2020

    basicstrategy777

    Joined:
    Jul 4, 2010
    Messages:
    9,864
    Likes Received:
    9,402
    Gender:
    Male
    Location:
    CT.
    leave it to 777


    [​IMG]




    leave it to duck....

    [​IMG]


    takes that somonabitch an hour and a half to watch 60 minuters.

    777
     
    #12
    yacraps likes this.