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Let's talk about china (Hypothetical)


thorne

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China has allot of money and we owe china allot of money. With out going into conspiracy theory bullshit. What would happen if China bailed out a good chunk of our crisis? OR They waited till shit got even worse and bought shit like mortgages at pennies on the 1000$ or more?

 

They would own a whole lot mortgages in America and when you default the bank owns that property. Kinda scary if you think about it to much.

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China has allot of money and we owe china allot of money. With out going into conspiracy theory bullshit. What would happen if China bailed out a good chunk of our crisis? OR They waited till shit got even worse and bought shit like mortgages at pennies on the 1000$ or more?

 

They would own a whole lot mortgages in America and when you default the bank owns that property. Kinda scary if you think about it to much.

 

If your scared of Chinese owning property in America.....yes.

 

How about this....China has A LOT of cash, but they want to put it in the safest place possible. Where do they go?........Answer: America

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