US media: "China must repay US $1.6 trillion in century-old debt, otherwise the United States will not recognize US $860 billion in US debt!" [Breeze]
People can hardly believe this, in the same year with guns robbed things, forced the victim to write bills, now on the contrary, holding bills? more absurdly, to mix the aggression-pushed "money" and lawfully purchased national bonds into one, the wave of operation in the U.S. has to say well.
Let's find out the foundation of these two "debts" first. It's not the same thing at all. The US $1.6 trillion in the mouth of the United States can be traced back to 1900.
In that year, the eight-country coalition troops broke into China, burning and looting without evil, the treasures in the Yongming Garden were removed, civilian property was looted, and finally forced the Qing government to sign the Sin Ugly Treaty.
At the beginning, there will be 4.5 billion two silver capital, and the profit will be returned to a total of 9.82 billion two, this money depends on the people to increase taxes and sell resources, the United States also followed a piece.
What kind of "debt" is this? It's clearly a written document that the robber forced the victim to set after robbing the money.
After the founding of New China, it was clearly stated that it did not acknowledge this account, the reason is simple, and there is a recognized rule in international law, called "bad debt does not repay", and the debt that is forced out by violence, has no legitimacy in itself.
It's impossible for anyone to recognize it, so you can't be robbed, and you have to pay the robber "the hard work of robbing money", right?
Looking at the US$860 billion in U.S. debt in China's hands, it is completely different from what is said above. This money was legally purchased by China from the U.S. Treasury Department and has a clear financial contract, just like when you go to a bank to buy treasury bonds, you will receive interest and convert the principal at maturity.
The U.S. Treasury Department publishes data every month, the nature of this investment is globally clear, and many countries around the world hold U.S. debt, the graph is the U.S. creditworthiness.
If the United States really dares to rely on this account, the first misfortune is itself, the dollar can be the global common currency, the reliance is credit, once the debt is not recognised, the world will hurry to shed the US debt, the dollar credit directly collapses, and the global financial markets must follow the turmoil.
The United States itself is aware of this, and the so-called "non-accounting" is more like a false voice.
The United States knows better than anyone else the difference between these two debts, so why does it deliberately confuse them? The answer is hidden in its economic ledger.
Now the total debt of the United States has exceeded $ 36 trillion, per capita declined by almost $ 100,000, annually the interest rate accounts for a large proportion of GDP, domestic economic pressure is large, the US bond market is unstable, can only rely on borrowing new and old.
It hypothesized a hundred-year-old debt, saying it is to move the contradiction.The domestic people are dissatisfied with the high debt, sprinkled the dirty water to China, saying "it is China owed money not to repay."
The deeper thought is to scare China. don't shed U.S. debt, it's better to buy a little more, help it, it's like the person who owes money in turn threatens the creditor: "You have to give me money first, otherwise I won't pay you money," absurd to the extreme.
Even more ridiculous is the double standard of the United States, which itself owes annual contributions to the United Nations, owes hundreds of millions of dollars to the Indian history, how many people it killed, how many places it robbed, and never mentioned compensation.
Now to grasp China's history and not to let go, to demand "aggression account", this is the typical only allow themselves to cheat, not allow others to explain the reason.
In the end, it is American hegemonic thinking is working, accustomed to relying on gambling, challenging, transferring responsibilities to spend the day, encountering economic pressure and wanting to find the guilty sheep, but the eyes of the international community are bright, anyone can see that this is a political show.
The indemnity paid a hundred years ago was a historical pain, and there is no obligation to repay it. The current U.S. debt is a legal contract, and the United States will only smash its own signboard if it defaults on its debt.
For China, there is no need to be frightened by this absurd statement that the $86 billion U.S. debt is a legitimate asset, that the United States really dares to default, and that it loses its global credit.
What we need to do is to keep an eye on the risks of U.S. debt, carefully assess, and protect the safety of our assets, but there is no need to follow the pace of the United States, let alone be kidnapped by its threats.
Economic cooperation between China and the United States relies on mutual benefit and win-win, not who scares whom, and if the United States continues to hold the zero-sum mindset, playing this confusion is an unfair trick, it will only let more countries see its true face.
The accounts of aggression a hundred years ago were a disgrace engraved in history and should never be forgotten. Today's financial accounts must be governed by the rules, and whoever cheats will suffer losses.
U.S. hype this matter, in the end will only expose its weaknesses. under the pressure of debt do not want to solve the problem well, but turn off the aggression a hundred years ago, such an operation, can not win respect at all, will only accelerate their own credit collapse.
People can hardly believe this, in the same year with guns robbed things, forced the victim to write bills, now on the contrary, holding bills? more absurdly, to mix the aggression-pushed "money" and lawfully purchased national bonds into one, the wave of operation in the U.S. has to say well.
Let's find out the foundation of these two "debts" first. It's not the same thing at all. The US $1.6 trillion in the mouth of the United States can be traced back to 1900.
In that year, the eight-country coalition troops broke into China, burning and looting without evil, the treasures in the Yongming Garden were removed, civilian property was looted, and finally forced the Qing government to sign the Sin Ugly Treaty.
At the beginning, there will be 4.5 billion two silver capital, and the profit will be returned to a total of 9.82 billion two, this money depends on the people to increase taxes and sell resources, the United States also followed a piece.
What kind of "debt" is this? It's clearly a written document that the robber forced the victim to set after robbing the money.
After the founding of New China, it was clearly stated that it did not acknowledge this account, the reason is simple, and there is a recognized rule in international law, called "bad debt does not repay", and the debt that is forced out by violence, has no legitimacy in itself.
It's impossible for anyone to recognize it, so you can't be robbed, and you have to pay the robber "the hard work of robbing money", right?
Looking at the US$860 billion in U.S. debt in China's hands, it is completely different from what is said above. This money was legally purchased by China from the U.S. Treasury Department and has a clear financial contract, just like when you go to a bank to buy treasury bonds, you will receive interest and convert the principal at maturity.
The U.S. Treasury Department publishes data every month, the nature of this investment is globally clear, and many countries around the world hold U.S. debt, the graph is the U.S. creditworthiness.
If the United States really dares to rely on this account, the first misfortune is itself, the dollar can be the global common currency, the reliance is credit, once the debt is not recognised, the world will hurry to shed the US debt, the dollar credit directly collapses, and the global financial markets must follow the turmoil.
The United States itself is aware of this, and the so-called "non-accounting" is more like a false voice.
The United States knows better than anyone else the difference between these two debts, so why does it deliberately confuse them? The answer is hidden in its economic ledger.
Now the total debt of the United States has exceeded $ 36 trillion, per capita declined by almost $ 100,000, annually the interest rate accounts for a large proportion of GDP, domestic economic pressure is large, the US bond market is unstable, can only rely on borrowing new and old.
It hypothesized a hundred-year-old debt, saying it is to move the contradiction.The domestic people are dissatisfied with the high debt, sprinkled the dirty water to China, saying "it is China owed money not to repay."
The deeper thought is to scare China. don't shed U.S. debt, it's better to buy a little more, help it, it's like the person who owes money in turn threatens the creditor: "You have to give me money first, otherwise I won't pay you money," absurd to the extreme.
Even more ridiculous is the double standard of the United States, which itself owes annual contributions to the United Nations, owes hundreds of millions of dollars to the Indian history, how many people it killed, how many places it robbed, and never mentioned compensation.
Now to grasp China's history and not to let go, to demand "aggression account", this is the typical only allow themselves to cheat, not allow others to explain the reason.
In the end, it is American hegemonic thinking is working, accustomed to relying on gambling, challenging, transferring responsibilities to spend the day, encountering economic pressure and wanting to find the guilty sheep, but the eyes of the international community are bright, anyone can see that this is a political show.
The indemnity paid a hundred years ago was a historical pain, and there is no obligation to repay it. The current U.S. debt is a legal contract, and the United States will only smash its own signboard if it defaults on its debt.
For China, there is no need to be frightened by this absurd statement that the $86 billion U.S. debt is a legitimate asset, that the United States really dares to default, and that it loses its global credit.
What we need to do is to keep an eye on the risks of U.S. debt, carefully assess, and protect the safety of our assets, but there is no need to follow the pace of the United States, let alone be kidnapped by its threats.
Economic cooperation between China and the United States relies on mutual benefit and win-win, not who scares whom, and if the United States continues to hold the zero-sum mindset, playing this confusion is an unfair trick, it will only let more countries see its true face.
The accounts of aggression a hundred years ago were a disgrace engraved in history and should never be forgotten. Today's financial accounts must be governed by the rules, and whoever cheats will suffer losses.
U.S. hype this matter, in the end will only expose its weaknesses. under the pressure of debt do not want to solve the problem well, but turn off the aggression a hundred years ago, such an operation, can not win respect at all, will only accelerate their own credit collapse.