this post was submitted on 11 Jul 2023
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[–] yogthos@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (1 children)

Thanks for linking a concrete example of China not giving a fuck about what US thinks. What's US gonna do about it, whinge and cry like the article you linked is doing? 😂😂😂

[–] ruck_feddit@lemmy.ml -3 points 1 year ago* (last edited 1 year ago) (2 children)

OoOO you're so edgy! Now watch as the US continues to regionally encircle China.

Wasn't your original argument about how much money and power China has? This makes their bid to become the international business currency look like the economy of Greece. What are they going to do about all of their seized assets across the globe? FIGHT THE US?

You pay up, or you lose your investments. That's how money works. Man, you're bad at this!

[–] m532@lemmy.ml 4 points 1 year ago (1 children)

Hey, as a usa propagandist you are supposed to keep the encirclement a secret! Think of all the naive euros who still think that usa is not an aggressive imperialist

[–] ruck_feddit@lemmy.ml 0 points 1 year ago (1 children)

Oh the US is, absolutely. But they're also the biggest war machine, and they make you pay those weapons in USD which keeps them on top. It's USD or one sided trade deals, which bring more USD.

As long as there is an enemy, on paper or real life, both sides want US munitions and tech. Wagner, for example, is/was quite proud of the fact they used western tech and firepower. China is quite proud of the fact they are developing their own version of the Patriot missile system, F35, and Littoral Combat ship after that information was taken by hackers. It might not be popular, but US war tech and tactics are cutting edge. So much so, even the countries that openly despise the US have to use their tech, paid for in USD

[–] m532@lemmy.ml 1 points 1 year ago (2 children)

F35 is the plane that fell into the sea. Russia and china both developed hypersonic missiles while the usa MIC has none. They don't need to copy when their stuff works better.

[–] ruck_feddit@lemmy.ml 1 points 1 year ago

Is this just hyperbole?

There are a ton of planes that have fallen into the sea, since planes were first put on ships. The one you're talking about fell off a flight deck, not fell out of the sky. There was a B2 bomber that crashed, too. That happened on US soil. Embarrassing.

The US has the Mach 20 AGM-183A. They also have laser weapons and the NGAD fighter already in the sky. They had the Predator drone in use in the Gulf War in the 90s, but revealed it to the public in the 2000s and retired it by 2018.

Everything I've said is freely available on Wikipedia.

[–] fedfedfedd@lemmy.ml 1 points 1 year ago

F35 is the plane that fell into the sea. Russia and china both developed hypersonic missiles while the usa MIC has none. They don’t need to copy when their stuff works better.

This man comparing rockets with airplanes. Completely nuts.

[–] yogthos@lemmy.ml 2 points 1 year ago (1 children)

LMFAO the least propagandized American has logged on. Go read up on how US war games against China turn out.

Also, it's absolutely adorable that you think that China hasn't protected their assets from US after seeing US seize Russian assets.

The question you should be asking yourself is what US is going to do when China cuts you off from all the stuff produced in China. Not like US has an industrial base of its own like a real country. 😂

[–] ruck_feddit@lemmy.ml -5 points 1 year ago* (last edited 1 year ago) (1 children)

I'll wait while you source your info, since I sourced mine. You can respond to: fighting the US, China's financial position in the world and their international debt, or just how you believe China can protect assets on another continent. Go ahead.

It's nice you think I'm American. Throw me some more emojis to try to make your points really stick.

[–] yogthos@lemmy.ml 4 points 1 year ago* (last edited 1 year ago) (1 children)

Your source is about US media complaining that China isn't gonna pay their debt. In fact, if you actually read it, then you'll realize that it supports my point that US isn't actually in a position to do anything about it. That's literally what it's whinging about. China's financial position in the world comes from being the biggest trading partner for majority of the countries and producing most of the stuff people around the world consume. China doesn't need to protect assets on another continent because China is buying up commodities like gold that are kept in China https://oilprice.com/Metals/Gold/Chinas-Gold-Buying-Spree-Continues-For-Seventh-Consecutive-Month.html

In fact, US using the financial system it built is a weapons is precisely what's driving countries away from it right now. The whole system hinged on the idea that it was built on top of strong legal protections. Once US decided to steal Russian foreign reserves that demonstrated that it's a completely lawless system. The only legal paths towards seizing foreign reserves is a UN resolution or a declaration of war.

Meanwhile, and foreign borrowers are issuing a record amount of yuan debt, helping internationalize China's currency https://archive.is/A4kcO

And turns out you don't have to be an American to believe nonsense after all.

[–] ruck_feddit@lemmy.ml -4 points 1 year ago (1 children)

And as that currency falls to the dollar because the issuer does not and cannot pay it's debts? And as the nations of the world depend on western weapons and must pay for them in dollars? You've actually made my points really clearly without making a point yourself.

Proud of you!

[–] yogthos@lemmy.ml 3 points 1 year ago (1 children)

That's not how anything works. China's currency isn't tied to the dollar, and it's controlled internally. Incidentally, this is one of the things US incessantly moans about. US has absolutely no leverage to force China to pay US, meanwhile as the article you yourself linked shows, US keeps paying China. Thanks for making it clear that you didn't actually read it.

[–] ruck_feddit@lemmy.ml 2 points 1 year ago (1 children)

The US pays it's debts. China does not. That was made clear by both you and myself. I guess I'm not sure what you're trying to say.

You acknowledged that China does not pay, and cannot be held to account. That's where asset seizures and one sided trade deals happen, as forms of payment.

You acknowledged the US does pay. And continues to pay. And has never defaulted. And is the preferred international business currency.

So what is your point? Are you just speaking to hear yourself?

[–] yogthos@lemmy.ml 0 points 1 year ago (1 children)

I'm going to say the same thing I've already said repeatedly which you just can't seem to understand. US is not able to coerce China while China is able to coerce US. That's literally what we're seeing. The balance of power here is favoring China. If US can't make China pay what it considers to be the debt while still paying debt that China demands that's US showing itself to be weak.

[–] ruck_feddit@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (1 children)

And I will keep saying it: one side paying their debts while the other does not, is not some flex of power. It's showing one side is a dependable ally and the other is not. This directly impacts their currency. If you think not paying debts to international debtors is important, I have a stack of trillion dollar Zimbabwe ZWD to sell you. They go for like $10 or €9.

[–] yogthos@lemmy.ml -3 points 1 year ago (1 children)

And I keep saying it: one side is forced to pay their debts to the other. It's absolutely hilarious that you think the side being forced to pay is the side that's actually showing strength. When a schoolyard bully takes your lunch money, it's actually you showing strength by giving it. 😂

[–] ruck_feddit@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (1 children)

I don't think you understand the premise. China cannot force payment. The US is doing it because they want the dollar to stay high. It's pretty adorable that you think just not paying is a thing to any country. That's been done: Greece, Zimbabwe, China in the 90s and it keeps turning out the same way.

China isn't paying because they can't afford to. Stealing isn't a flex, buying a supercar is though (NGAD, Patriot missile system, worlds largest car carrier fleet, worlds largest and most numerous ballistic missile subs, etc).

[–] yogthos@lemmy.ml -1 points 1 year ago (1 children)
[–] ruck_feddit@lemmy.ml 1 points 1 year ago

Ohh I love that song! Is that by Journey? Another thing from the US that was well ahead of it's time.