Comments by "David Wong" (@davidwong5197) on "China Has Nothing to Hang On To: Lee" video.

  1. They still have $1T in US treasury. Imagine they dump all of that. US bonds will be severely distressed.
    5
  2.  @anthonysmith2195  Well, the OP is saying ignore the Chinese number. But China is the number 1 trading partner for US, EU, Africa, Korea Taiwan Australia and many others. The fact is we have a codependency whether you like it or not.
    2
  3. Not quite. I want to know the difference between this and the 2008 meltdown. Also its impact on the world economy.
    1
  4.  @godblessamerica6391  Really. The aftermath of 2008, private equity bought up properties and now own 80% of the rental properties. The rent were up 40% in most places. And that is the major cause of inflation.
    1
  5.  @godblessamerica6391  Of course with the Chinese bailing them out in 2008.
    1
  6. US might have to bail out Wall st again. They have a big stake in crypto.
    1
  7.  @Andy-P  True but at what price, that's the point. When you have a sudden large supply the price will drop and interest rate will go up. Is that what we want?
    1
  8.  @Andy-P  Yes. But the alternative is your money might be frozen like Russia and Iran. What wpuld you do? BTW selling so much bond in a short period time will hurt China too. Best alternative is peace.
    1
  9. How about the San Francisco Treaty or the treaty of Taipei. You are aware Taiwanese troop are on Taipan Island right?
    1
  10.  @johnmcgill3603  HI was illegally annexed US took properties from the native and give it to themselves. Clinton mad an apology but no action to restore property right. There is an independent HI government in HI that wants independent. But too many Angelo in HI now.
    1
  11.  @SelfProclaimedEmperor  Well the US national debt did not include municipal bonds either.
    1
  12.  @SelfProclaimedEmperor  US debt is 30Trillion, China 7. Please do your research
    1