𝕏 / Twitter / X, the Social Media Platform Formerly Known as Twitter / "MUSK OWNS TWITTER"

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CAPTAIN MATI said:
China is more in debt to America that America to China, halfwit.
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Do you have a source for that? Big if true and would be fun to rub in certain faces.

Best I can find is this chart of overall debt, but it doesn't show who owes what to whom:

Screenshot_20230726-011813.png
 
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LGHDR+ said:
Do you have a source for that? Big if true and would be fun to rub in certain faces.

Best I can find is this chart of overall debt, but it doesn't show who owes what to whom:

View attachment 5234336
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That debt goes back to before Mao when the previous gobbers gave out bonds to get money from abroad. Later I think they even defaulted on those bonds.
Then when the UK gave 🤡 Honk Kong to China, they didn't give it for free, they demanded payment for the bonds they had bought way back before the commies, and the commies paid up, acknowledging they owe those bonds.
America has a shit ton of those bonds too and who the fuck knows how much that debt has raked up, but it's far more than what the US owes China and both sides know this. This is one big Mexican standoff between USA and China.
 
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CAPTAIN MATI said:
That debt goes back to before Mao when the previous gobbers gave out bonds to get money from abroad. Later I think they even defaulted on those bonds.
Then when the UK gave 🤡 Honk Kong to China, they didn't give it for free, they demanded payment for the bonds they had bought way back before the commies, and the commies paid up, acknowledging they owe those bonds.
America has a shit ton of those bonds too and who the fuck knows how much that debt has raked up, but it's far more than what the US owes China and both sides know this. This is one big Mexican standoff between USA and China.
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I hate to ask this (NOT pressing X to doubt, this all seems legit to me), but the faces I'm looking to rub it in aren't the strongest thinkers but I was hoping you'd have an infographic or could point me to a website?
 
LGHDR+ said:
I hate to ask this (NOT pressing X to doubt, this all seems legit to me), but the faces I'm looking to rub it in aren't the strongest thinkers but I was hoping you'd have an infographic or could point me to a website?
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Brother, you're a smartman.
You can google 'Chinese Bond Dept' and find all sorts of shit by yourself.
 
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CAPTAIN MATI said:
Brother, you're a smartman.
You can google 'Chinese Bond Dept' and find all sorts of shit by yourself.
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I was having a hell of a time finding the exact phrase I needed to pop in to Google to get what I was looking for. This was extremely helpful. Thanks!

First page I hit dropped some numbers (and if they don't like the source, there's plenty others with the search term you provided):

"The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China."

Versus

"A private group of American citizens holds a large quantity of these gold-denominated bonds. This citizen-led group, the American Bondholders Foundation (ABF), serves as trustee with power of attorney for some 20,000 bondholders, whose bonds are valued at well more than $1 trillion."

Source
(Archive)
And for fun:
Let Me Google That For You
 
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LGHDR+ said:
Check the link above. When the pinkos won, they assumed the debt.
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Lmao, no. They tore up the debt and told the yanks to shove it up their ass because it was borrowed by the ROC who are now hiding out in Taiwan. Only way the mutts can get a single penny is if Taipei pays up.

Literally not a single reasonable person believes that this debt belongs to the PRC. American Bondholder Federation can bitch and moan but they're not seeing dick squat because the PRC doesn't legally owe them shit.
 
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Badungus Kabungus said:
Lmao, no. They tore up the debt and told the yanks to shove it up their ass because it was borrowed by the ROC who are now hiding out in Taiwan. Only way the mutts can get a single penny is if Taipei pays up.

Literally not a single reasonable person believes that this debt belongs to the PRC. American Bondholder Federation can bitch and moan but they're not seeing dick squat because the PRC doesn't legally owe them shit.
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China itself and the governments of the world beg to differ. Again, try reading either the source or the LMGTFY link.

If you just want to get in a slap fight, the Autistic Thunderdome is over there. No need to derail the thread further.
 
CAPTAIN MATI said:
Whoa bro.
Are you saying the CCP is not the legitimate goberment of China?.
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I'm saying that when Chiang Kai-shek absconded to Taipei with the ROC loans, it became Taipei's liability.

LGHDR+ said:
China itself and the governments of the world beg to differ. Again, try reading either the source or the LMGTFY link.

If you just want to get in a slap fight, the Autistic Thunderdome is over there. No need to derail the thread further.
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This is the official Chinese position on the matter. If you disagree, direct all complaints to your local Chinese consulate.
In response, Chinese state media, including Sina and Global Times, said that when the Communist republic was founded in October 1949, Mao Zedong ripped up all unfair treaties and bond and loan contracts from the Qing dynasty and subsequently the Republic of China (ROC) and that the People’s Republic of China (PRC) had no liability to pay back any debts in arrears when Chiang Kai-shek absconded to Taiwan with a bundle of loans that year.
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As for derailing the thread, who started sperging out about Taiwanese debt over a harmless joke related to Twitter's bad business practices?

Now to get back on topic, why do mutts have such a hard time paying their debts, bros? Both in Twitter's case and here. Is Elon Musk going to give up the Twitter HQ building now?
 
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Badungus Kabungus said:
I'm saying that when Chiang Kai-shek absconded to Taipei with the ROC loans, it became Taipei's liability.
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Imagine running away, but remembering to take your debts with you.
Mao Zedong ripped up all unfair treaties and bond and loan contracts from the Qing dynasty and subsequently the ROC
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lol
lmfao
I'll go to the bank and tell them, "Fuck you. I won't pay for my loans."
 
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CAPTAIN MATI said:
Imagine running away, but remembering to take your debts with you.

lol
lmfao
I'll go to the bank and tell them, "Fuck you. I won't pay for my loans."
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Imagine taking out a bunch of credit cards in your name, then moving to another apartment and thinking that your previous landlord would pay your debts.

Taiwan needs to pay their debts, it's that simple. A bunch of mutts (American Bondholder Federation) have been trying to saddle the CCP with this debt for over 20 years now but have zero legal standing and that's why they haven't gotten a single penny out of it.

Edit: From that asiatimes link:
A similar case in recent history went in Beijing’s favor. In 1979 there was a class action suit brought by some of these bondholders that actually brought Beijing to a US court, but the case was thrown out on the basis that the 1976 Foreign Sovereign Immunities Act, which would allow US courts to hear cases against foreign governments for commercial claims, could not be retroactively applied to bonds issued at the turn of the 20th century.
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Repeat after me. ZERO. LEGAL. STANDING. Unlike the US debt to China, which is completely legal and approaching trilllion dollars now.
 
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I'm not sure where else to post this.

As an accountless locked out Twitter refugee, I noticed Nitter was allowing me access to check out a few feeds the other day.

It's doing this weird thing though where people's frontpages are full of disordered old tweets from years ago and I have to use the "Tweets & Replies" tab to see anything recent.
 
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