China won’t Finance U.S. Debt; We Hate You…you are devaluing your Dollar! Hyperinflation Collapse?
Who will finance our debt? Who has confidence in the fiscal responsibility of the US congress? Will our dollar collapse, and if it does, what will be the consequence of such a collapse? I don’t know the answers to these questions, but I do know one thing, and that is that I hate my government; they are corrupt, right down to the bone. The corruption is cancerous, so drastic steps must be taken; they must be replaced in their entirety. jbranstetter04 Why do Japan and China keep on buying …
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there is a big secret why china wants to keep buying, china land will come to an end, geologists know this. so they think that by buying USA will give them the right to migrate with all their people.. how funny.. and all those exports they made for the past 10 yrs should be investigated and you will see how china is a thief and how they have lied to US officials about their profits
If China stops financing our debt, then we either stop spending so much or we print our money making our debt shrink. Either way we just start over. We are the envy of the world, especially China, because we are so resilient economically. China has a huge population to feed and worry about, while we do not. The grass is definitely greener on our side.
Yes China would be screwed over…but how about the US? You guys seem to be oblivious of the fact that america is far more dependent on sino-american relations than China is.
Besides like I have said above, China doesn’t have to do something as drastic as that. They can just stop lending the US money, which will totally screw them over…
If you are implying that I am part of the general public of the US btw I am sorry to inform you that I am not american…
The numbers are from us treasury department!
Looks like THEY p0wn you! (shfbdfi1273)
Under “Oil exporters” you find:
Oil exporters include:
Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.”
The numbers are in BILLIONS of dollars!
China, Mainland: 798.9
Oil Exporters: 185.3 BILLIONSD of dollars
We have a real problem here…….
economically speaking both the US and China have a fianancial relationship that is akin to two vipers wrapped around each other with their heads staring eye to eye with each other in striking position……….
NEW WORLD ORDER
That is an extremely shortsighted view. If China does that, the Chinese currency skyrockets and their products won’t sell in the U.S., resulting in millions of job losses in China, so China would be screwing themselves. I don’t think the general public understands debt and how it works. The media and politicians play on the public’s ignorance on this topic. We’ve been borrowing forever and the percentage of debt to our GNP isn’t much worse than we’ve had over the last 50 years.
We can use Iraqi and Kuwaiti oil to pay for our debts. We own those country.
Search for CBO PROVES DEBT
Actually I think China need to continue investing in the U.S.
A major portion of their oversea investments are located in the U.S. and I don’t think China wants to dump their investments anytime soon.
thats why i said “eat the bullet”? Of course it would really hurt china, but not nearly as bad as it would the US. Less dramatically, just stop lending the US money…that will screw them over big too.
The US dollar is like worth shit right now…china knows it, as does the whole world. The only reason the dollar is still “surviving” is because of china stopping its collapse….funding the US debt. Don’t be surprised if other major countries start dumping the dollar though.
You’ve got to be kidding, it would screw China over, and the rest of the world too. If it was good for China, then they would have already done it. China is playing a balancing act; as bad as America is doing, the grass is not greener on the China side of the fence.
It would kind of be cool if China decided to eat the bullet and dump the dollar….that would completely screw you guys over.
when i was small waching dynasty colbys and dallas. what luxry life they have. life about enjoying in a yatch and stuff.dont have sweat to get money. Asians are working 24/7 till the fat lady sings.
keep buying MADE IN CHINA yea IM soo stupid
OMG this is a seriously dread piece of propaganda “the republicans aren’t conservative enough for fox” whoooa, like talk about a blatent political bias hahaha. Oh dear
When’s the US Ebay sale? I might bid Florida.
fuck all of uuu america has alot of things a whole bunch of mother fucken countries dont so fuk all of u USA hatersss :p :Z
U.S attitude is well who cares lets go get some burgers and beers…LOL dumb fat ass pigs. Your politicians are so dishonest and scummy they will do anything to get a vote, even if it means destroy your country and burn it to the ground. As long as their mortgages,boats, trips, golfing expenses get paid, they will literally tell the public Anything and most dump fat bastards just sit there and believe it…Oh so sad.
1:47 umm, dude im in my early 20s and that man on the right is a dishonest piece of shite..You are monitizing (printing) it you cunt. How are you being fiscally responsible. YOU ARE BANKRUPT and printing money to pay the bills and the interest on your debt. You are unempolyed and will never be employed ie(Can’t manufacture goods for your own consumers because they will not be able to afford it ((Real money creation)) and know you are fucked.)) CHINA IS PISSED and so would you if you were CHINA.
The Democrats are following basic Keynesian 101 idea about what to do. Also givne that int he 1950s the tax bracket for top income was over 80% and we were still cleaning everybody’s economic clocks shows the fallacy of given breaks to the rich–the moment we started doing that in the mid 60s is where things started going wrong.
I am well aware of when the republicans took control of congress and of the good reforms that they put in place. Discretionary spending under the republicans from 1995 through 2006 went up 3%. While this is not what I wanted, I’d have preferred -3%, it is still not bad. And remember that this is a total increase over 11 years. Now we have the democrats talking about an 8% increase in discretionary spending for next year alone, despite the fact that tax receipts are decreasing.
The ourse the Republican congress laid out in the 1990s? The congress from 1990 to 1995 was DEMOCRAT and then the Congress went Republican which it remained until 2007 and the moment they got one of their one in the Presidency it was hit the booze time with the borrow and spend stupidity of the Reagan years. No matter how you try to hide it the GOP created this mess.
There was no surplus dipshit. And yes, I agree with you that we should have stayed the course that the republican congress laid out for us in the 90′s; the gains that they made to balance our budget. But you must admit that Obama spending us into oblivion is a mistake; we have no money, we are broke.