Quote:
Originally Posted by MLL67RSSS
True but I don't think it'll be changing. China OWNS this country. You don't really have to wonder why there are such lax trade restrictions with them. If we bite the hand that feeds us so-to-speak, and China were to call in our debts, it would make 1929 look like a cake-walk. Our current debt is over $12 TRILLION dollars and China owns a lot of it.
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First and foremost that 12trillion of debt cant rarely be accounted for. When they print money that equals debt. That money will never be paid back, its worthless to be called debt. WE OWN CHINA, without our industries producing in China, what would their economy be like? It would be nothing.