How should we punish China?

[MAGA MAN]

If we make the US Dollar worthless, it will no longer be the de-facto world standard. The world will have to find a new standard. We get paid to borrow money, because we absolutely will service our loans in US dollars. If we stop that, the US Dollar is worthless.

Oh, and China will definitely strike back if we nuke Beijing. The threat that we would nuke Beijing if they nuke America is gone after we nuke Beijing. They literally have nothing to lose.

You didn't respond to the argument at all. Get off your high horse.

 

[Iolo/Penderyn]

How should we punish China?

Send 'em Trumpf, and refuse to take him back!

 

[Phantasmal]

How should we punish China?

Send 'em Trumpf, and refuse to take him back!

Brilliant idea, I like it.

 

[Earl]

Great situation to be in? The whole world's economy came crashing down because the Chinese allowed this virus to contaminate and kill nearly every nation's grandfathers, grandmothers, fathers and mothers, doctors, etc. That's a "great situation to be in"? Seriously?

I don't know about you, but the whole world should be pissed at China. If they wouldn't have tried to cover this China virus up until it spread half way around the world, we might have had a better chance of containing it and had a head start on identifying and developing tests. I blame China and the WHO for the spread of this virus.

"Coronavirus not a global health crisis, WHO says..."
""We don't want the American public to be worried about this because their risk is low," says Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases..."

https://www.usatoday.com/story/news...us-wuhan-china-quarantine-vaccine/4551112002/

Holding China responsible would not bring on a depression, much less a "dark ages." The only way this country would fall is if you liberals take over and suck our (financial) resources dry.
Losing China as a trading partner won't happen, but it's high time we evened the advantage China has over us with tariffs.

Indeed.

Bravo.

Great post.

 

[Earl]

You didn't respond to the argument at all. Get off your high horse.

He never does, he just trolls and lies.

 

[Earl]

Brilliant idea, I like it.

You appear to be a China "useful idiot" Snowflake.

Lots of them during the old USSR days.

 

[Dutch Uncle]

The fact that you equate my responding to a moronic post in which you mentioned me, to spending time thinking about you, is clear evidence that you are a fucking disingenuous idiot.

You do think about me. It's self-evident. The fact the douchebag, soon to be single, "Dark Soul" thanked your post is evidence he thinks so too.

 

[Dutch Uncle]

Once you end a pretend argument with "Alt-Right" you know that you are a joke....right?

Alt-Right isn't a pejorative. It's the political leanings for nationalistic RW groups. The conservative "National Affairs" recognizes the ideology. Is your mask slipping?

https://www.nationalaffairs.com/publications/detail/answering-the-alt-right
Unlike many white-supremacist groups of the past, the alt-right wishes to claim an air of intellectual respectability. In their article "An Establishment Conservative's Guide to the Alt-Right," Allum Bokhari and Milo Yiannopoulos insist that the alt-right is "dangerously bright," and that this intellectual sophistication is the "one thing [that] stands out above all else" when distinguishing them from "old-school racist skinheads." That intellect — and not moral decency — is the primary differentiator between the alt-right and skinheads should alarm anyone, but given their fervent desire to be treated as intellectuals, it may be worth reviewing the political arguments they believe are so compelling.

Some might say that directly addressing the alt-right like this affords them a legitimacy that their numbers would not otherwise warrant and that they do not deserve. But while they are only a small minority, the alt-right has already had an outsized effect on political discourse in conservative circles, and members of their movement are finding their way into the corridors of power. This newfound influence has also empowered those like the white supremacists who rallied in Charlottesville this past August, who see this moment as an opportunity to regain lost political power.

 

[Hawkeye10]

Alt-Right isn't a pejorative. It's the political leanings for nationalistic RW groups. The conservative "National Affairs" recognizes the ideology. Is your mask slipping?

https://www.nationalaffairs.com/publications/detail/answering-the-alt-right
Unlike many white-supremacist groups of the past, the alt-right wishes to claim an air of intellectual respectability. In their article "An Establishment Conservative's Guide to the Alt-Right," Allum Bokhari and Milo Yiannopoulos insist that the alt-right is "dangerously bright," and that this intellectual sophistication is the "one thing [that] stands out above all else" when distinguishing them from "old-school racist skinheads." That intellect — and not moral decency — is the primary differentiator between the alt-right and skinheads should alarm anyone, but given their fervent desire to be treated as intellectuals, it may be worth reviewing the political arguments they believe are so compelling.

Some might say that directly addressing the alt-right like this affords them a legitimacy that their numbers would not otherwise warrant and that they do not deserve. But while they are only a small minority, the alt-right has already had an outsized effect on political discourse in conservative circles, and members of their movement are finding their way into the corridors of power. This newfound influence has also empowered those like the white supremacists who rallied in Charlottesville this past August, who see this moment as an opportunity to regain lost political power.

Describe this alleged mask please.

 

[Dutch Uncle]

Describe this alleged mask please.

That's what caught your attention????? Not that I refuted your comment and proved you in error, but a side comment about your defense of the Alt-Right?

ROFL

 

[BattleofHodow]

Alt-Right isn't a pejorative. It's the political leanings for nationalistic RW groups. The conservative "National Affairs" recognizes the ideology. Is your mask slipping?

https://www.nationalaffairs.com/publications/detail/answering-the-alt-right
Unlike many white-supremacist groups of the past, the alt-right wishes to claim an air of intellectual respectability. In their article "An Establishment Conservative's Guide to the Alt-Right," Allum Bokhari and Milo Yiannopoulos insist that the alt-right is "dangerously bright," and that this intellectual sophistication is the "one thing [that] stands out above all else" when distinguishing them from "old-school racist skinheads." That intellect — and not moral decency — is the primary differentiator between the alt-right and skinheads should alarm anyone, but given their fervent desire to be treated as intellectuals, it may be worth reviewing the political arguments they believe are so compelling.

Some might say that directly addressing the alt-right like this affords them a legitimacy that their numbers would not otherwise warrant and that they do not deserve. But while they are only a small minority, the alt-right has already had an outsized effect on political discourse in conservative circles, and members of their movement are finding their way into the corridors of power. This newfound influence has also empowered those like the white supremacists who rallied in Charlottesville this past August, who see this moment as an opportunity to regain lost political power.

Charolettesville?

What about Lizzie Grubman who rammed her car injuring 16 yelling "F*ck you White trash"

 

[Truth Detector]

The cash we have is only good because it is guaranteed by someone who honors their IOU's. Basically, your argument could be applied to the CSA, saying that they still have the worthless Confederate money, so they are the winners of the Civil War.

#fuckoffSock

 

[Into the Night]

That is not an answer as I never said anything about that.

My answer is no.

 

[Into the Night]

Red China is the only target. Odds of it happening are about 2%. Not worth much analysis at this point. But nice to use as a threat if China wants to continue playing bioweapons hardball.

Argument from randU fallacy. How do you calculate your odds??

 

[MAGA MAN]

You do think about me. It's self-evident. The fact the douchebag, soon to be single, "Dark Soul" thanked your post is evidence he thinks so too.

I'm living rent free inside your little head lol.

 

[Bigdog]

Argument from randU fallacy. How do you calculate your odds??

How? ... it is difficult given all the unknowns of China's secretive socialist gov't.

What were the odds that China would purposefully infect the whole world with their WuFlu disease?

 

[Into the Night]

The US Government is able to borrow massive amounts of money at below target inflation, because it is absolutely trusted not to default. People are literally paying us to take their money. This is a great situation to be in.

If we do have a massive default, then no one will ever loan us money again. You may think we can raise rates to a point they will loan us money, but as rates go up, the chances of us paying back goes down, and so it becomes a death spiral. There is no entity large enough to bail us out, and because it would be a self caused error, there is no entity that would want to bail us out.

It would not just destroy the borrowing, but also the US Dollar. The US Dollar is based on the ability to repay Treasurys, which would be destroyed by this financial collapse. Make no mistake about it, it would not be a depression, but a dark ages. America would be done as a country, and collapsing as a culture.

Losing its biggest trade partner would also hurt China. But it would hit America hardest.

Actually, the US dollar is not based on the ability to repay the bonds. Its value has no connection with them whatsoever.

The value of the dollar simply comes from the willingness of the people to use it as a medium of exchange.
If people lose that faith, the dollar will collapse.

This is true of any money, whether it's paper, bits on a disk, gold, silver, clamshells, pretty rocks, whatever.

Almost all nations today use fiat money (paper money with no other commodity attached to it). There is one exception: Iran, which uses a gold backed currency.

Gold has a history of being used as money for a good reason: It is easily checked for purity, and it is easily standardized in units of weight. It also does not tarnish.
Silver also has a history of being used as money for good reason: It is easily minted into coins, and reasonably easy to check for purity, and is easily standardized in units of weight. It does tarnish, however. Silver's role has mainly been in use as small transaction money, since gold is too precious for that.

In the United States, gold and silver were used as money, specified in the Constitution. That has never been amended. Gold for storage of wealth and large transactions, silver for small transactions like buying groceries or other sundry supplies. FDR confiscated (stole) the nations gold (and later the silver). To store all that confiscated gold, Fort Knox was built, since the Treasury building was too small. Since then, the U.S. has frittered away it's gold on wasteful spending. It is broke now. It has no more gold in Fort Knox. All that gold now belongs to someone else. It was FDR that put the nation on paper money as a replacement for the gold. It was Nixon that finally disconnected the dollar completely from gold. Since then, gold has been increasing in value rather rapidly, as the Federal Reserve Note (the dollar) has fallen in value, along with the rest of the fiat currencies in every major economic nation.

In the EU and Japan, it has gotten so bad that interest rates are NEGATIVE. This effectively says, "Take our money! We'll PAY you to take it!". Needless to say, these economies are NOT doing well.

We are facing the very real possibility that fiat money worldwide will be rejected within our lifetime. This isn't just one or two nations, like what happened to Mexico and the Peso, or Brazil. It is many nations facing this crisis at once.

Will the people turn to a worldwide currency like the SDR? Will they turn back to gold and silver? Will it be something like Bitcoin? Already some people are searching for another currency. Others are worried (quite legitimately) about the U.S. habit of printing massive amounts of currency to solve one 'crisis' or another.

The faith in the dollar is being lost.

 

[Into the Night]

How? ... it is difficult given all the unknowns of China's secretive socialist gov't.

What were the odds that China would purposefully infect the whole world with their WuFlu disease?

Since we don't know they did, the calculation is not possible.

Also, consider this: China suffered from Covid like everybody else, and they continue to suffer from it. Their exports have dwindled remarkeably, as economies have slowed down. They lost people to it, they had to shut down their own economy for it, and now they face reduced exports to the world as the world shuts down their economies.

Why would a nation intentionally do this to itself??

Now, I am no fan of China's socialism. But this is a legitimate question to ask.

 

[Bigdog]

Since we don't know they did, the calculation is not possible.

Also, consider this: China suffered from Covid like everybody else, and they continue to suffer from it. Their exports have dwindled remarkeably, as economies have slowed down. They lost people to it, they had to shut down their own economy for it, and now they face reduced exports to the world as the world shuts down their economies.

Why would a nation intentionally do this to itself??

Now, I am no fan of China's socialism. But this is a legitimate question to ask.

IMO, it accidentally got loose in China. Then the gov't intentionally spread it internationally.

There's news supporting this in this thread ...

https://www.justplainpolitics.com/s...fected-the-whole-world-with-the-WuFlu-disease

 

[Into the Night]

IMO, it accidentally got loose in China. Then the gov't intentionally spread it internationally.

There's news supporting this in this thread ...

...deleted Holy Link...

Perhaps so, but the news is not a valid reference. You can't use it with me. The CDC happens to feel this is true as well, as they tend to believe the analysis by WHO of the infection vector path of the virus. It was this analysis that indicated Wuhan, China.

Whether the government spread it intentionally is unknown. It would be stupid to do so, as I've described. I see no advantage to them for doing so. Despite their other problems, I don't think they're that stupid.

Your opinion is your opinion. Mine is mine. Our opinions differ. Fine. There is no probability calculation available here.