Theoretical question to economists in anticipation of a Trump “make China pay” campaign. Would cancelling Chinese debt (reparation style) actually be enough to pay for the lost economic output if disruption goes on c. 18 months? I suspect no?
Also I’m theorizing that any default stigma might be diminished if most of the world (ex China) sees it as beneficial? Also if the consequence of CV is mass reshoring of production and revival of western manufacturing?