what up buttercup asked:
We cant possibly sustain a national debt that Barry just doubled. China owns most of that debt. Some analysts estimate that the debt is 1/2 million dollars for each taxpaying household.
China could raise an army greater than the entire population of the US.
Mario
We cant possibly sustain a national debt that Barry just doubled. China owns most of that debt. Some analysts estimate that the debt is 1/2 million dollars for each taxpaying household.
China could raise an army greater than the entire population of the US.
Mario
My understanding is they want some sort of collateral - they are concerned.
Maybe we can give them Cali>? LOL
Comment by Loaf of Bread will now be $9.95 — April 16, 2009 @ 7:26 pm
Maybe Obama and his Co-president, Pelosi, will come up with a China Stimulas package.
Comment by Been there — April 19, 2009 @ 6:49 pm
Heck right now we are at war with them in africa its all part of a global agenda they want to destroy are country just as much as are goverment does
Comment by X — April 19, 2009 @ 11:38 pm
You’re overacting about China’s capabilities.
China being the worlds strongest economic power, ironically have like the worlds poorest citizens.
Also they can’t maintain a centralized government and there is WAY to much corruption, and China is out growing itself basically.
The sleeping dragon people were referring China to is about to be a dead one, because they are bound to have a collapse. Eventually they won’t be able to sustain, and we will pretty much owe them little to nothing when that happens.
Comment by Matticus — April 22, 2009 @ 3:28 pm
How long till China sends over the repo man? We had to put something down for the loans!
Comment by thorcorn — April 23, 2009 @ 3:59 pm
Ah so butta fly China love us long time
Comment by Helterskelter — April 23, 2009 @ 11:02 pm
They’ll just have to settle for Alaska
Comment by paul s — April 27, 2009 @ 10:06 am
What will WE do. It’s the same as when mommy and daddy cut off the check book to the kiddos. Cash withdrawal sets in. Kids don’t have printing press to print more money, but that’s what will happen here. Money will fly off the presses and inflation will soar.
Comment by semper_paratus_1776 — April 27, 2009 @ 12:57 pm
Dont worry about the debt.
We just sent billions of money to USA as a gift even as we have lots of people live below the povety line.
If there is a obvious fault of some top officials in china, it comes the time that usa has a opportunity to grab all money that the officials had invested cause they dont want anybody believe they had made a mistake to invest all china’s money to usa.
Comment by dooniebrasco — April 29, 2009 @ 7:46 pm
That would be a disaster for both countries and the world. But this assumption is virtually impossible.
It is very unlikely for the US to default on its national debts. The US by far is the largest economy in the world although now facing serious economic crisis. If the US has to default its debts in the future, it is hard to image how the world is going to look like then.
Comment by Jonathan W — April 30, 2009 @ 4:45 pm
Hey Fighting4freedom and Helterskelter. Why weren’t you guys complaining about the Chinese lending you the money to buy your sister/wives new teeth or a new patch of astro turf for your trailers?
It’s funny how everyone of you racist simpletons have an opinion now because you realize who was funding the Bush era good times. Where did you guys think the money was coming from? The last time I checked you right wing rednecks put him in office.
Comment by Steve L — May 2, 2009 @ 11:22 am