China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?
China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?
Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…
The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.
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Given that the source of this opinion piece is The Heritage Foundation I'm skeptical.
Who are they?
They are a very influential, very conservative American think tank. They advocate for things like anti-communism, neoconservativism, the Christian right, smaller government, bigger military, traditional family values, the wars in Afghanistan and Iraq, white supremecist ideas, voting restrictions - generally all the most destructive policies of the last 50 years.
What is wrong with traditional family values and anti communism?
Because "family values" in US discourse is usually code for homophobia and sexism, while "anti-communism" is usually just racism, classism and xenophobia.
Yeah saying "usually" and assuming a US discourse while not explaining what is wrong with a traditional family value and anti communism is not what I expected. Should have know that people only think in USA while in their "America bad" mind state. My bad.
Thing is, ironically, the only people whom have treated me and my people with racism, classism and xenophobia are leftists, be from Europe or north America. Weird.
What is your ethnicity if I may ask? Because the anti communism bit does vary per society somewhat, but "traditional family values" are usually a far more constant in discouraging a wide variety of perfectly fine things.
I don't know what ethnicity I am, but leftists love to call me and my people brown gusano even tho we are not from Cuba
I'll be honest, I dont think thats what anti-communism is.
I dont think the average American really knows what communism is.
In fact, me just saying this will likely result in many Americans acusing me of being a Communist even though I have said nothing to indicate my position on it, one way or the other.
Such is the power of the word 'communism' in the United States.
These concepts are perverted into justification for actions that are either entirely irrelevant or only related to these values through a very, very specific lens.
An example is family values being used as a cudgel against acceptance of LGBTQ individuals/communities for quite some time now. Or how "communism" quickly became a synonym for "not explicitly conservative".