This post is not dooming, but a conversation starter.
I'd appreciate the thoughts of my fellow anons.
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Most of it is borrowed from China. Use your imagination. Our monetary system will right itself under P-metal backed notes. It will be difficult either way!
That is incorrect. China only holds around $1 trillion of our debt.
https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp
I know Q says gold ends the Fed and I've studied BRICS. I understand changes are coming but I'm having difficulty understanding the mechanisms.
I stand corrected, Japan holds the most and china 2nd. With about 5T in other foreign loans.
Spot on, and to add to this - I'm sure I read somewhere that China owed us over 900B after WW1 or 2 (can't remember which but I think 2). That would amount to a wash.
There is more though to this. If Trump gets back in and somehow forces China to pay (and the DS too) for the global damage COVID did there would be plenty of money to deal with. Confiscate the ill-gotten treasure, distribute it to make the world "right" again, and pay off the debt.