but those are all from The Obama Economy^tm. not Orange Man

/s

stop watching Sargon so literally Julz 😛

if china collapses so does the US

XD yeah lol i know its not litteral

nah US is stronk! 😛

Actually the Collapse is due to China's terrible economic policies.

you'll justh ave to give up Iphones and Nike shoes 😉

United States has imported different nation's resources and starting to export more to different nations.

the US and china are two elefants with each a stilt of debt leaning on each other

@JULZIFICATOR brings up a good point though, america would loose its friggin mind if we lost access to cheap chinese goods

we have the porn industry so i think we'll make it

actually most of the US debt is to itself

that was the best analogy ive heard for it

United States is making it so they are less dependent on China and China is hurting because of that.

yes but debt gets sold

and subsidiesed and resold and resold and resold

eventually the bill comes due though

@yvaN_ehT_nioJ yeah, but Russia had a huge number of casualties, and their culture went a different path (they did suffer under communism, though)

China already sold off the debt.

thats why Trump is bringing jerbs back, and making the economy boom,

So when the bill comes, they're the ones that are ahead

had to look it up finally

I think.

from the national debt wiki

"As of December 2017, $6.3 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest being China (about $1.18 trillion) then Japan (about $1.06 trillion)"

so still a sizeable chunk, even if they have sold some off

yep indeed

and when you take into account how intertwined their trade still is

zo china had about 1/5 of our debt

even in the era of trump

1/5 is still a LOT

1/5 is hueg

https://www.marketwatch.com/story/why-chinas-treasury-hoard-isnt-much-of-a-weapon-in-trade-spat-with-us-2018-04-06

like a scary ammount

for a country that was trying to peg their currency to ours for the longest time

i think that part has finally been stopped

pretty sure

OH, didn't expect THAT:
https://linustechtips.com/main/topic/972960-linux-without-linus-linus-apologies-and-is-taking-time-off/?page=3&tab=comments#comment-11765997

but still leaves them holding a hell of a bill to call in

Hell Russia done it already and nobody noticed...

https://money.cnn.com/2018/07/30/investing/russia-us-debt-treasury/index.html