China Watch Superiority thred

BleachedAnusDawg said:

Haven't watched any of the clips posted, yet, so maybe my question is answered in one. If China goes under/hermit-status, how screwed are we due to our reliance on Chinese manufacturing, them buying US debt, etc? How could they even go under with international economies relying so heavily on them for good and resources?

We? are already diversifying supply chains out of China. Short term painful but long term it was going to happen anyways. They are going to have their own rustbelt. With pollution millions of times worse.

They've likely already exhausted much of their foreign reserves(though they claim otherwise) and still only hold 10-15%? of the foreign holdings of US assets(Japan is #1). @creepycoug and I have been through this. It's a piece of CCP propaganda that they "hold so much US debt they could bankrupt the dollar". In total they hold less than 5% of US debt and IF they sold it all off would tank the value of their own holdings. They also HAVE to have X amount of US dollars to be able to engage in exports and imports. This is why you've seen large investment firms trying to drum up investment in China despite anyone with a brain realizing not to. They are being paid by the CCP to try and get greenbacks invested in their economy bc they are running out quickly.