posted on Nov, 1 2013 @ 12:09 PM
I tried conducting a search for this but my stupid smartphone has egregious load times. I'm sure it has been mentioned somewhere, but this
definitely bears repeating.
On Drudge, I pulled up the story about China State Television releasing a map of a nuked America. While reading the comments on the story, someone
mentioned the debt owed to America by the Chinese. I had never heard of this even though I consider myself "in the know".
I took a dive down that rabbit hole and found the following:
During WW1, China sold sovereign bonds worldwide to many investors....most being in America.
Those bonds are gauranteed through the International Court of Settlements AND by PRC as SOVEREIGN DEBT. That means that in 1949, when Communists
took over China, that the successor government ie: the Communist Party in charge, took over that obligation under International Law.
With interest and penalties owed on the debt, China OWES the US of A $800 BILLION!!!! Let that sink in for a second....
That means that right now...this very second....the US of A could dollar for dollar offset our bond interest we owe China. So...why on Gods green
Earth are we allowing our government to continue paying these reneggers ANYTHING!!??
Want to be more upset? In 2006 the Chinese Minister of Finance sent a communication to the US Embassy in China in which China REPUDIATED its full
faith and credit sovereign debt and announnced that it would NOT repay ANY debt owed to America. Yes, China told the US of A to take a hike. And how
do we respond? By paying our interest to them every month ON TIME. WTF is that crap!?
China tried doing the same crap to Britain. Know how the Brits responded? By not allowing China out of European Markets until they repaid what was
owed to them. China immediately paid the debt. Way to stand up Britain!! We in the US have apparently lost our testicular fortitude to DEMAND
repayment, so kudos to you guys.
In total, China has defaulted on those bonds to the tune of $5 TRILLION worldwide. Meanwhile, those ass clowns tout how much gold and cash
reserves they have! Technically, China is worse off than the US....or should be...on paper anyway.
While I'm aware that most of the bonds are held by citizens of the US and not a government agency, I feel this crap should be dealt with in a swift
and harsh manner. This money is owed to US so I feel until its paid in full, we shouldn't pay China one red cent for anything. When you add in the
YEARS of espionage where China has stolen military secrets and consistently sold knock offs of American made products, I believe its China that should
be paying the US of A money every month.
When a rogue country like China decides to not pay its bills, but demands repayment of bills owed, they need to be slapped...HARD. I hate war...its
stupid and only benefits the "machine". However...since the world considers the US of A to be the worlds bully, I feel we should take Chinas lunch
money AND kick them in the shins. If we don't make a stand, it just proves we are a bunch of spineless wuss bags...here to be taken advantage of.
I'm tired of getting screwed with taxes while other countries refuse to honor their obligations!!!
For fun, I encourage you guys to try to find any list stating what countries of the world OWE the US of A money. I did, and I couldn't find one
anywhere with any type of verified info. In fact, I typed in the following into Google to see what would come up:
Countries which owe America
Debt owed to America
Foreign debt owed to America
I also switched America to both US and USA.
The results pages only showed items relating to the debt WE owe, not owed. I found ONE article stating that HK and Switzerland owed us, but
considering it left out China and France, I decided the article was hogwash. I just don't understand how a search for debt owed returns results on
debt WE owe. Conspiracy right there.
Anywho, that's what I found today. It makes me so mad to know this crap that I almost can't think straight. Its utter nonsense!
What say you ATS?