re: Would China back North Korea and if so would we still owe china money?

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Well if we hypothetically cancel our debt, then where do we start borrowing money to pay the welfare state? Or does that just stop? Then China just goes away quietly?

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That's not how our relationship works with China. The fact of the matter is we own all of innovation, ideas, and companies in China. They're retarded at innovation, but they're geniuses at making ideas come to life.

The fact of the matter is we will never pay off the debt to them nor do they want us to. We own them, and return we give them wonderful standards of living and products to consume. It's a continuous circle and I think it's the greatest alliance in human history. China and US's relationship I think has effectively created the closest thing we'll ever see to world peace. Both countries are prospering and we don't want to frick it up.