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?

@pennypal
They owe us actually for helping them a ton

GG @Svea Rike, you just advanced to level 4!

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

Pretty much

Why?

You can't say on the one hand sign is not a threat because of a debt and then say on the other hand it is.

If you believe it is a threat to US... You must be a distraught that Trump was on the phone trying to get dirt on biden them with their leader. his priorities are not the priorities of America

China is our primary enemy

GG @pennypal, you just advanced to level 6!

the debt isn't a threat to us

Chinese don't want to go to war with the US

Biden will cripple America and replace the traditional us values

They don't want to because they are slowly taking over without fighting

we should declare war on them

tbh top officals of the us dont want to go to war with china, even war hawk bolten

There's the problem... Traditional us values... That's odd because I thought Trump was trampling them

War would hurt both of us

@3v6en8 remember China is a highly controlled communist state, and their primary goal is world communism