Originally Posted by
Business_Casual
Consider this scenario. The majority of US bonds held by CCP related entities. The CCP moves on Taiwan or HK. We “cancel” their bonds under a war powers act.
Ramifications:
1). Consumer goods stop flowing
2). Hostility ensues in Pacific
3). WW III
Is the current path and the proposed reaction/provocation that different than the situation pre-Pearl Harbor? Goading the Japanese into attack?
The CCP got Hong Kong back years ago. We don't currently recognize Taiwan, we aren't going to war over them.
If consumer goods stopped flowing from China we'd buy from Taiwan, India, Pakistan, Vietnam and maybe if we are really good...Japan. China would suffer economic collapse.
It's hard to be a ACLU hating, philosophically Libertarian, socially liberal, fiscally conservative, scientifically grounded, agnostic, porn admiring gun owner who believes in self determination.
Chuck, we miss ya man.
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