U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment.
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment.
Then Xi told him you be careful too you owe us a trillion dollar
And they owe us a trillion as well
That is Xi’s problem at least as much as ours.
If you owe the bank $100 that’s your problem. If you owe the bank $1,000,000,000 then that’s their problem.
If you declare bankruptcy and owe the bank an amount in excess of their yearly earnings, that’s a bigger problem for them than for you.
What methods do you think could be used to force repayment from the US?