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.