Message from @Dusty Morgan
Discord ID: 491629050528530463
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
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
but still leaves them holding a hell of a bill to call in
People are pissed at SJW it seems.
they really don't like them
ya but russia didnt have anywhere near as much of the debt as china does
Russian holdings were pretty small
from what i understand
now if china did that
we would be in trouble, i think
It would be barely felt... :\
you are crazy
Our economy is growing at a fast pace, consumers confidence is high, and we are starting to create a lot of our products here in United States.
not that much
Most of that debt is OWNed by American corporations located in China.
We are bringing those Corporations back.
i think you really overestimate that growth if you think that growth would balance out china already
in a few years it could be done
probably 5 to 10
relax guys heres what will happen if China goes broke
but we def are Not there yet
We are heading in a positive direction like I said.