China Worries About Its Holdings of $1 Trillion in U.S. Government Debt
Concern could lead to Beijing reducing its role in financing the U.S. deficit
Reader Comments
Bath in fire America will rebirth - Phenix Project
You people think America is toasted? You people are so fearful?
America will come back far better with most, if mot all, current problems solved;
America will start all over again still at the commanding lead of the world;
God is my witness, I truly believe this is the beginning of a new beginning of America.
America doesn't need to blame anyone and any thing anymore;
America doesn't need to... Let me stop here before someone going to call me crazy or lying;
We shall see and we shall find out! May God be with us!
American Debt - Chinese loans
Unlike most Americans Asians plan long-term. They look so far ahead that the average person would be astonished. This American debt of over a Trillion Dollars is no accident. They opened the door and we walked right on in, another way of putting it is "they dug the hole and we leaped in, head first". To hold the IOU's of your most dangerous adversary and competitor is a position only the most intricate planning could achieve. The Nation of China has so many people that they can afford to lose/kill/remove tens of millions of their own citizens, if required. So don't think for one minute that they don't have the guts to dump "dollars" if needed to prove a point (i.e. stay away from our naval/submarine bases and look the other way when we retake Taiwan). Does anyone remember the "waves of Chinese" that "just kept coming" during the Korean War? Does anyone remember the patience of General Giap during the Vietnam War against the French and the Americans? We are at the beginning of the end insofar as the American Empire is concerned and our greed was our undoing, the one thing the Chinese could count on.
American money made in China
Every single American that is been financially devastated by our own politicians ineptitude should write to china and tell them to get in line.
What, me worry?
America is still the best place in the world to invest in US Treasury junk bonds.
Made in China
Now we realize that China is not our enemy, but our lender of last resort. A communist nation helping to prop up the most powerful democracy in the history of mankind. Who woulda thunk? Maybe it's time we capitalists take a look at what China has been doing right - and leave their internal politics and ideologies to themselves. Why play politics so we Americans can look so damn righteous and good by condemning China's internal problems when we have plenty of our own to deal with? In China, they would find all the crooks who got us into this economic mess, and if massive fraud was involved - they would execute the perpetrators. That would easily boost public confidence in the integrity of the government to watch over the money. Lucky for Madoff and other CEO crooks that they don't live in China. But yes, China will be stuck with cheaper dollars - unless the US economy rebounds with explosive growth... not likely soon, but NEVER IMPOSSIBLE BECAUSE WE'RE AMERICANS AND ONLY WE HAVE THE CAN DO AND KNOW HOW TO PULL IT OFF!!!
