#213 Wokeism Is Making the West Weak | Andrew Hale
China Unscripted
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The Consequences of Leveraging Chinese Debt
The three primary credit rating agencies need to incorporate this defaulted sovereign debt into their sovereign debt credit ratings. Congress could require the SEC to compel the credit rating agencies, and then of course that would seriously incorporate the debt into their credit rating. And therefore that would of course remove China's A rating, which they should not have. Of course it would make it very difficult for them to issue new sovereign debt until that issue was resolved. They've simply selected default and said it's not our responsibility. But given that China demands a one China policy which incorporates Taiwan, they can't really say that this is China's, sorry, Taiwan's debt. So again, again, they use conflicting arguments
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