The Americans are crying that they are suffering because of trade deficits with almost every country and especially China. Is this real? Are the Americans suffering and getting poorer because of the huge trade deficits it is chalking up year after year?
The truth, the Americans are laughing at all the countries having trade surpluses for sending goods and materials to the Americans to exchange for pieces of worthless money in time to come. The Americans would keep printing and keep buying and enjoy life while the rest of the world would be working very hard to help the Americans enjoy their high life, without having to work for it.
No, the Americans are not a wee bit worried about the huge trade deficit and foreign debt. They are just paper losses, statistics, did not mean a thing, just a number. This is a scam. The Americans will keep on enjoying life with practically free goods and services by printing and printing more paper money to be held and kept in the safes of foreign countries. Their complaints of the deficits are just a distraction to give the impression that it is real and serious, but would not be an issue to the Americans unless the world gets wiser and stop accepting American dollars.
The American wet dream is never having to pay back the debt in real terms. Just print toilet papers to settle the debt. The fake crisis in Congress to raise the debt ceiling is just that, a theatre, never meant to be a real issue. As long as they can con the world to accept their toilet papers as money, the debt can go to infinity, go on forever.
China is waking up to this American lie and so are the BRICS countries. They are going to stop selling goods to the Americans in exchange for worthless American fiat currency, the US$. This deception must be stopped sooner or later. They cannot be stupid forever. At one time it made sense, but not anymore when the Americans' big plan is to keep printing and inflate the depreciated the dollars and eventually turning it into worthless papers, worthless debt. And the losers would be China and all the countries selling to American and ended up with worthless pieces of papers.
The day the world stop accepting and using the American dollar, it would be game over. But if the world continues to play this monopoly game using fake paper money, the game will go on and on and the Americans would be laughing at the stupidity of the world.
Now the question is how long would this game last and when would the players walk away and throw all the toilet papers back to the Americans. The Americans are playing with fake money. But the rest of the world are sending them real goods to exchange for the Monopoly money.
All the American debt and T bills would be worthless. Countries like China and big holders of T bills must quickly get rid of them before it is too late. The window is closing real fast. Many creditors would be locked out and ending with tons of toilet papers when the door is closed.
This is the real debt trap the Americans are setting for the buyers of their debt.
14 comments:
Until the dollar no longer become the reserve and trading currency. By then, when the US economy collapses, it will drag the world down with it.
Just like whenever FED raises interest rates, everyone gets affected.
Here goes another myth about superior Western weapon systems:
'Russia's military may have taken out a US-supplied Patriot anti-air battery in Ukraine, which if true would be a very significant first since the advanced Raytheon-made defense weapon was deployed there.'
'Commenting on the video of the purported Russian direct hit on the Patriot battery, Kim Dotcom wrote on Twitter, "30 US Patriot PAC-3 MSE launch at a cost of $5 million per missile. That’s $150 million gone within 2 mins. At the end the Patriot launch platforms were destroyed by Russian missiles. Why would any military still want to buy Patriot after this failure?" '
Link to article:
https://www.zerohedge.com/geopolitical/russia-says-it-took-out-us-supplied-patriot-missile-unit-hypersonic-strike-kiev
That's where you can see the 180 to 250 pounders majority of them just ate and then to gyms to build up their muscles to bash the daft Asians and others when they felt like it.
Ate too full don't shits in their own shits holes and then looked for weak and daft countries to shits on them.
Woke up. Nothing on their numb skulls but thoughts of how to manipulate and bully the weak ones.
Days in and days thought they are Superior Beans with superior brains squabbles and washed their dirty linen in all their medias and proud of them.
Hell no, cajoled all the dafts to have their same lifestyles and Demo CRAZY.
Ok, ok only one consolation that they are all going to Heaven as long as they and you believe in their White God.
Even their Pope also in Politics.
Hello, Just tell that Comedian ZelenSkky to wake up and surrender to the Russians before more Urukians are DEAD.
Same time tell your Whites Sheep to repent for all the War Crimes that they had committed and maybe be in Hell less a million years.
Preach and praticise whats you preached PEACFUL and GRACIOUS God.
Hi Anon 9.03
Good morning to you.
China is observing thru this Russo-Urukians Conflict the myths mights of the West Arsenals.
All these imbeciles boasts of their Super Military Wares are been put to the tests by all these War.
Whatsoever they send are been neutraliased by the Russians and deemed to be useless and ineffective.
This will shown their BS Military Might that all been conned to believe.
That's why some of them are relucant to send what's that comedian requested as they were afraid that their boasts and bullshits would be exposed once Russia exposed them.
Then China and Russia will hold a debrief after this and will effectively draw their plans of building their military wares to counter these duds and made sure that they be completely palayalse when they dared want to have next war.
All those imbeciles who spent billions on their arsenals would be kicking their own butts and their hard earned monies to waste.
Ahem, only for those procurers and Defence Ministers and Military Chiefs who laughed all the way to the Banks with their sapuloh dua.
Printing fiat money and using that to buy products from other countries and expect to have a trade surplus? That is indeed a wet dream, that is now turning into a wet nightmare for the USA.
Normal trade means making products and selling to countries and using what is earned to buy products from others in exchange. The USA failed to do that, or failed to compete. What does the USA sell to other countries? Basically weapons of destruction. That is why creating wars is their only salvation.
The USA wanted to make use of China's cheaper labour cost by shifting production to China and use their fiat money to buy the resultant products. How is that going to improve their trade numbers? They lost their industries, their jobs and now blaming China for stealing their jobs, their manufacturing. Boy, they sure can manufacture lies like those fabricated ones to start the Vietnam and Iraq War. And they think the whole world are foolish enough to not see through their vile agenda.
The fact that China is able to recycle the fiat money accumulated through trade surpluses with the USA over the years, is a wake up call that the USA failed to realise early enough. China has been able to recycle the toilet papers into fruitful BRI projects, infrastructure developments in poorer countries by providing loans and expertise as well, and that is causing the USA much unease and paranoia, which they did not anticipate happening.
While the shit is hitting home, the USA is now caught in a bind. Money printing is causing havoc with the financial system. Debt ceiling has still not be solved. Inflation is still high, and more interest rate hikes will cause more bank failures.
As long as they can print toilet papers freely, the debt ceiling is a farce. Even if it goes to 100 trillion or 200 trillion, they simply print more toilet papers to pay.
Their fear is that the world lose fate in the dollars and stop buying and stop using them.
Then the wet dream will become wet nightmare. Inflation in the US would be worse than Venezuela or Argentina. Then the cheating Americans would have a taste of their own medicine.
Now that the cat is out of the bag, with every country knowing that the dollar is but a piece of toilet paper and can become worthless overnight, every country and every bank and fund would be reducing their holdings of the dollar.
And with every country de dollarising, not wanting to trade using the dollar, its demise is a matter of time and will gain speed everyday.
The music will stop any moment and no one would want to be caught standing with a hand full of dollars.
For the Americans, there is no where to run, no where to hide as they inch towards the hell hole of bankruptcy.
What backs the dollar is only people's trust. This trust enables the US to keep obtaining 100 dollars worth of goods by printing a paper note costing 17 cents.
That trust is fading fast as the US debt grew to US$31.4 trillion, bigger than its annual GDP, and many have come to realize that the US may have no intention of ever settling its ponzi forever-growing gargantuan debt.
No worry. Singapore makes decision using top talents and due diligence, not acting under coercion. Sure no problem. Sure good for Singapore.
When the debt ceiling reaches 100 trillion or 200 trillion, no one is going to buy their treasuries. Even their poodles will stay away. Yes they can continue to print toilet papers, trying to support the economy and unrestrained spending, but all that printed money is not going anywhere and is going to stay in the USA itself. What kind of inflation it is going to generate is unimaginable. The price of everything will be like Zimbabwe, Argentina or Venezuela. You just have to think of that!
https://youtu.be/XmSSTy_6NVs
There are a dozens added s instead if dozen to the above video of so many countries dropping the UAss $$$》like hot potatoes and Sinking Land can increase its holdings.
What's u expect a vassal and loyal serpent oops servant not to open their Masters.
Dogs on leashes one tug one pull and even poor fellas peeing also had to move on.
Some leashes on necks whoa cannot breathe.
Poor things grooming been tied to a iron stanchion by the neck on the leash so that they cannot Sir even though dead tired so that the groomer can trimmed their fur faster and easier.
But nowadays, most if not all young pussies are smokers. Wah got class you know and left for a puff leaving the poor fella on the table with leash on.
The poor fella tired and try to sit and off balance fall from the table and choked to death.
Wah luckily had a free lance groomer to groom my late dog in my home. So comfortable and at ease.
Had seen all these shops groomers mistreating the poor doggies that cannot complain and so suffered in silence.
Just like our Own with tightening leashes on.their necks and have to obey their Masters or else choked to Deaths.
American world order or rules based order is all about America taking advantage on the rest of the world, feeding on the rest of the world for free. But this is ok, not when in order to keep on feeding freely on the rest of the world, the Americans have to continue to destabilise the world, continue to wage wars everywhere, killing people, destroying countries and displacing people as refugees.
That is evil, intolerable and unacceptable.
US$31.4 trillion alone is beyond paying back. Talk about US$100 trillion? It must be lunacy for other countries to continue to buy their debts knowing it can never be repaid. Even the doggies will not touch such toxic stuff.
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