How to prevent USA’s the last move(Checkmate to start WW3) to China I thought about how to prevent USA’s the last move(Checkmate to start WW3) to China. First, what is the last move by USA to China? It is to recognize Taiwan’s independence to China. Then why will it to be checkmate to start WW3? Because I thought if Taiwan emergency by USA and China happens, Russia and North Korea will attack to South Korea and Japan. If Japan is attacked, Japan will start WW3. This is just my opinion, but not so far from truth. So what should we do for preventing USA’s the last move to China? I thought some options. Option A To defeat China economy before the last move. Option B To defeat USA economy before the last move. Option C To defeat both of USA and China before the last move. Option D To let both of USA and China win before the last move. These options are below matrix. USA/CHINA CHINA wins CHINA loses USA wins Option D Option A USA loses ...
Chapter 11 Bankruptcy Basics
Background
Chapter 11 - Bankruptcy Basics
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics
I searched about US Chapter 11.
US Chapter 11’s good points
There are some good points of US Chapter 11.(1)Speed up Reorganization
If almost bankruptcy company provides essential things or services, the company will raise their prices.
Because the company makes up for losses.
It causes the social cost higher.
(2)Prevent excessive repayments
US Chapter 11 can prevent excessive repayments.
In Japan, if someone borrow money from a bank, he/she will need a personal guarantee.
It causes to discourage entrepreneurs.
(3)Visible processes and goals
I heard that 99% of new companies will bankrupt.
We tend to focus on rest 1%, but 99% is bigger than 1%.
With the establishment of bankruptcy laws, the processes and goals will be visible.
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