captain
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Post by captain on Mar 26, 2020 19:00:21 GMT 10
Has anyone thought about what may happen after the corona virus stuff dies down? Both our government, and the US government will be in so much debt - that they would be screaming for any chance to get some money (to pay off this huge debt of trying to not go into recession). Who has piles of money and is willing to spend it or “loan” it to help out? China?
so after the corona virus Panic is all complete and our country is in debt to our eyeballs, then possibly our government may sell off more of our interests to China - just to save the budget.
that is more scary.
extending on this, might it be possible that China deliberately started all this to try and bankrupt the western world? Best way to cripple a nation is to bankrupt it - just look at how Russia ended up after the Cold War.
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Post by frontsight on Mar 26, 2020 21:16:19 GMT 10
Wouldn't it be easier to release the stuff in another country? Even a non rival country with poorer health care system and less developed Intel/security agency like Mexico, or Thailand... get some infectious but fit 20-30 yr old agent(s) to visit a few brothels to spread it (very hard to trace as most clients leave no records or will deny involvement)... why blowing it up in its own city?
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grumble
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Post by grumble on Mar 26, 2020 21:23:40 GMT 10
Has anyone thought about what may happen after the corona virus stuff dies down? Both our government, and the US government will be in so much debt - that they would be screaming for any chance to get some money (to pay off this huge debt of trying to not go into recession). Who has piles of money and is willing to spend it or “loan” it to help out? China? so after the corona virus Panic is all complete and our country is in debt to our eyeballs, then possibly our government may sell off more of our interests to China - just to save the budget. that is more scary. extending on this, might it be possible that China deliberately started all this to try and bankrupt the western world? Best way to cripple a nation is to bankrupt it - just look at how Russia ended up after the Cold War. Sometimes you have to have your legs taken out from under you and get knocked down a peg or two because look at Russia now
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captain
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Post by captain on Mar 27, 2020 3:36:36 GMT 10
Yes - the 2nd point may be a bit stretched (but would make a good movie), however the first point in my post about how to pay back all this huge cash splash is a valid point. We came into this event with a rocky budget in the first place, but now, the debt ceiling has been lifted, and with the government handing out cash to the minions and business sector, then one wonders how it will all get paid back?
I do acknowledge that many of these so called handouts are in fact loans to small businesses, but many will fail, bankruptcies will rise and the government will be sitting on plenty of debt. So it won’t be just our kids, or our grandkids - but this will be a multigenerational debt that will go on for years - unless more things are sold off or some country comes in to assist us (and wanting something in return) - or a reset (or set and forget) button is hit. Either way, the long term outlook for this once great country of ours is very bleak.
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bug
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Post by bug on Mar 27, 2020 15:35:48 GMT 10
Has anyone thought about what may happen after the corona virus stuff dies down? Both our government, and the US government will be in so much debt - that they would be screaming for any chance to get some money (to pay off this huge debt of trying to not go into recession). Who has piles of money and is willing to spend it or “loan” it to help out? China? so after the corona virus Panic is all complete and our country is in debt to our eyeballs, then possibly our government may sell off more of our interests to China - just to save the budget. that is more scary. extending on this, might it be possible that China deliberately started all this to try and bankrupt the western world? Best way to cripple a nation is to bankrupt it - just look at how Russia ended up after the Cold War. Josh Frydenberg has already flagged this as a potential problem and asked the FIRB to look at it. Don't hold your breath for any action, but it is good that this government seems to be a little less 'China friendly' than previous governments have been. In reality, I'd say they Chinese will target smaller businesses and property below the $15m threshold and buy like crazy. Certainly the south pacific countries that are already somewhat in China's pocket, will end up irreversibly so after they lose their tourist money and need 'help'.
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Post by evilwookie on Mar 27, 2020 20:05:59 GMT 10
Certainly an interesting point , could also be a prelim to an attack by China ? Seeing as they're portraying ( looks like total BS) they've got it under control and returning to work etc . And now ( as predicted) locking out all foreigners from entering to prevent reinfection . The thing is if they didn't achieve herd immunity then they'll likely get it start up again now they're out of Lockdown . On the other hand if they're confident in achieving herd immunity , why care about foreigners entering .
Whats going on and what are they hiding?
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