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Stratagem Nr. 15
To entice the tiger down from the mountain
Here the humiliation of the debtor, the USA, towards the creditor, China, forces the economic superpower to descend from its throne to a level playing field with the so called lesser power.
Stratagem Nr. 19
To withdraw the wood from under the boiling pot
Ceasing to purchase US bonds, must eventually have an impact on the debt driven economic growth of the borrower.
Stratagem Nr. 28
To entice onto the roof and then pull away the ladder
The easy sale of US bonds to the naive purchaser must automatically lull the debtor into complacency whilst the ladder (i.e. bond sales) is removed.
Stratagem Nr. 30
The reversal of roles in which the guest becomes the host.
This stratagem must be considered to be the most important for the purposes of this article whereby the once economic superpower, is forced to assume a role of subservience to the newly emerging power of the creditor, China.
What about an act of omission in the form of a default on the part of the USA? How can the 36 stratagems be applicable in this situation?
Stratagem Nr. 4
Awaiting at one’s ease the exhausted enemy
If America defaults the answer should be self explanatory. But the question arises, how do we account for the self affliction of damage onto the creditor? A look at the recent ascent of the gold price may offer a possible explanation.
To entice the tiger down from the mountain
Here the humiliation of the debtor, the USA, towards the creditor, China, forces the economic superpower to descend from its throne to a level playing field with the so called lesser power.
Stratagem Nr. 19
To withdraw the wood from under the boiling pot
Ceasing to purchase US bonds, must eventually have an impact on the debt driven economic growth of the borrower.
Stratagem Nr. 28
To entice onto the roof and then pull away the ladder
The easy sale of US bonds to the naive purchaser must automatically lull the debtor into complacency whilst the ladder (i.e. bond sales) is removed.
Stratagem Nr. 30
The reversal of roles in which the guest becomes the host.
This stratagem must be considered to be the most important for the purposes of this article whereby the once economic superpower, is forced to assume a role of subservience to the newly emerging power of the creditor, China.
What about an act of omission in the form of a default on the part of the USA? How can the 36 stratagems be applicable in this situation?
Stratagem Nr. 4
Awaiting at one’s ease the exhausted enemy
If America defaults the answer should be self explanatory. But the question arises, how do we account for the self affliction of damage onto the creditor? A look at the recent ascent of the gold price may offer a possible explanation.