Message from @Mee6
Discord ID: 630923268316069898
it was from outsourcing
Remember when Trump save that factory during his campaign?
The chinese regime should be burned to the ground
it's the only way to protect our future
The guy who owned the factory got a couple million and tax breaks... To keep it going.
he was interviewed and they asked him what he was going to do with the money... He said automation.
It's anecdotal..but ironic
There can be no green initiatives as long as china still stands
period
The Chinese already ow half of America. Trump just gave them more ownership by putting us more in debt
Own
This is a war
We are never going to pay back chinor
China could ask for it any day and if we don't pay it that our credit rating goes down
That's not how it works
Use credit karma
That is how it works
China isn't ever getting their money back
it's not even that much money either
almost all of our debt we owe to ourselves
Do you know what happened in Greece?
Greece-oof
china never lent us money, they only purchased some of our own debt
a small amount mind you
only about 2 trillion or so
We are our own primary creditor
because of the jacked up federal reserve system
where we borrow money from ourselves
The U.S. debt to China is $1.11 trillion as of May 2019. That's 27% of the $4.1 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $22 trillion national debt is owned by either the American people or by the U.S. government itself.
^
so even less than 2 trillion
literally nothing
War with china is inevitable
China has held more than $1 trillion in U.S. debt every year since 2010. That's when the U.S. Department of the Treasury changed how it measures the debt
China's position as America's largest banker gives it some political leverage. Now and then, China threatens to sell part of its debt holdings. It knows that if it does, U.S. interest rates would rise, slowing U.S economic growth. China often calls for a new global currency to replace the dollar, which is used in most international transactions. China does this whenever the United States allows the value of the dollar to drop. That makes the debt China holds less valuable.
And your point is?
We are enemies with china
And you even say yourself that the debt china holds is less valuable
Are we really enemies with china?
Yeet
Yeah