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Coalescence

Senior Member
Registered Member
Thug talk
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Well that's it then, nations can just nationalize and steal other nation's assets and reserves to give "reparations" or use them to fund their wars. This opens up a Pandora's box of whether assets and reserves placed in foreign countries or banks is ever truly yours and respected, shaking the very foundation of trust where globalization is based upon, causing people to diversify and avoid countries that have a record of doing these types of actions. Imagine China justifying nationalizing every UK assets and reserves based on China as reparations for Opium War and colonization, brilliant.
 

Overbom

Brigadier
Registered Member
Well that's it then, nations can just nationalize and steal other nation's assets and reserves to give "reparations" or use them to fund their wars. This opens up a Pandora's box of whether assets and reserves placed in foreign countries or banks is ever truly yours and respected, shaking the very foundation of trust where globalization is based upon, causing people to diversify and avoid countries that have a record of doing these types of actions. Imagine China justifying nationalizing every UK assets and reserves based on China as reparations for Opium War and colonization, brilliant.
That's just the first step before China says "I want to do something with the trillions I have in foreign reserves" and then the West says "Nope"
 

duncanidaho

Junior Member
That's just the first step before China says "I want to do something with the trillions I have in foreign reserves" and then the West says "Nope"

The world owes the western countries more than vice versa. China could use its forex to buy Dollar debts from the rest of the world.

At the end is, whoever has the bigger stick has the say.
 
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