[Chat Log] March 15, 2019

[Jacqueline Hyde]

@Acton Roux de rien

 

[Ken U Belevitt]

I'm not even really sure about that @Lucy, because the boom of American manufacturing is something of a myth, really only existed because of major european lock-outs during the second world war. If there's a country that's really capitalizingo n war manufacturing, it's China

 

[Chase]

China's foreign policy is currently lending money, and then taking collateral.

 

[Jacqueline Hyde]

obama was also actually worse than bush-43 wrt criminalizing immigrants

 

[Lucy]

yeah and what happens when they stop @Chase

 

[Jacqueline Hyde]

@Ken U Belevitt blackwater though. and that one cheney had ties to that i've forgotten the name of. it's less about manufacturers and more about defense contractors.

 

[Eugene]

China isn't going to stop, because it allows them to own the infrastructure of other nations.

 

[Chase]

So smaller nations like Sri Lanka and Laos, and many many others owe so much money to China that they can't pay back. They give back infrastructures to China, yes.

 

[Lucy]

@Eugene so the world's currency is always going to allow the U.S. Dollar?

 

[Ken U Belevitt]

@Jacqueline Hyde That's just it though: scandals like Blackwater don't put money in the government's pockets, that money gets filtered directly into private industry

 

[Chase]

The United States also owes a lot of money to China. The US Dollar is also no longer the strongest currency, @Lucy.

 

[Chase]

We're going to see a major shift in power once nations begin to shift their currencies to block-chain.