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Started By
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China will capitulate and US workers will get some jobs back. China holds $1.18T
Posted on 7/6/18 at 7:43 pm
Posted on 7/6/18 at 7:43 pm
in America debt. Who are they trying to kid? They don't buy our stuff then they lose a fortune. And we buy almost $500B a year in Chinese exports, still they are in an economic downturn. They can't stand the double whammy of losing money if they quit buying our goods and going into a serious depression if we quit buying their's. We hold the cards. A settlement will be made.
This post was edited on 7/6/18 at 8:16 pm
12
Posted on 7/6/18 at 7:45 pm to jimdog
quote:
China holds $118T in America debt.
What?
America's Total Net Worth Just Hit a Record High. U.S. households saw their total net worth rise to a record level of $84.9 trillion.
This post was edited on 7/6/18 at 7:47 pm
Posted on 7/6/18 at 7:46 pm to jimdog
quote:
China holds $118T
in America debt.
Uh....
Posted on 7/6/18 at 7:47 pm to jimdog
quote:
china holds 118T
Know how I know your shite is fake as frick
Posted on 7/6/18 at 7:51 pm to Centinel
Does seem bit high, huh! I'm quoting Fox news! Maybe it's $18T. Gotta be.
Posted on 7/6/18 at 7:53 pm to jimdog
It’s 1.19 trillion of US treasuries that China holds. As of March, 2018
This post was edited on 7/6/18 at 7:54 pm
Posted on 7/6/18 at 7:54 pm to jimdog
China only owns slightly over 1 trillion of our debt, are we talking something else?
Posted on 7/6/18 at 7:54 pm to jimdog
quote:
$118T
More like 1.18T if I recall correctly. Still closer than you.
Posted on 7/6/18 at 7:58 pm to jimdog
quote:
$118T
WTF?
Posted on 7/6/18 at 8:01 pm to tigers win2
LOL! Just tuned in to breaking news and the "expert" guest Stephen Guilfoyle stated very plainly they hold $118T of American debt. And it's on their web site but that has to be BS! It is BS, but Fox still has it up. Must be $1.18T and the expert guy misread it.
This post was edited on 7/6/18 at 8:36 pm
Posted on 7/6/18 at 8:04 pm to jimdog
without us china would fold like a cheap suit,frick em' and feed them fish heads.
Posted on 7/6/18 at 8:05 pm to jimdog
Is there even $118T worth of shite on the whole planet?
Posted on 7/6/18 at 8:08 pm to jimdog
quote:
China will capitulate and US workers will get some jobs back. China holds $118T
I am guessing math is not your strong suit
Posted on 7/6/18 at 8:09 pm to OBReb6
Not even with a fixed flux capacitor could the Chinese pull that off.
Posted on 7/6/18 at 8:10 pm to jimdog
quote:
in America debt. Who are they trying to kid?
Would you do something to sabotage your #1 customer all while sabotaging one of your top investments?
Posted on 7/6/18 at 8:12 pm to Tigerbait357
Take it up with Fox on the math. But hell what's a few trillion among friends.
Posted on 7/6/18 at 8:21 pm to jimdog
quote:
Take it up with Fox on the math. But hell what's a few trillion among friends.
Well, it's not a few for one thing, and worst case scenario they flood the market with the still valuable U.S. treasuries and temporarily disrupt the bond market. At the moment, U.S. treasuries are still considered safe. China pitching a fit at their demise wouldn't change that long.
This post was edited on 7/6/18 at 8:21 pm
Posted on 7/6/18 at 8:24 pm to jimdog
quote:
Does seem bit high, huh! I'm quoting Fox news! Maybe it's $18T. Gotta be.
intern misplaced a decimal. Common core math?
Posted on 7/6/18 at 8:25 pm to jimdog
quote:
Take it up with Fox on the math. But hell what's a few trillion among friends
I mean you only missed it by 99%...
Posted on 7/6/18 at 8:29 pm to jimdog
China dumps our debt? We lose borrowing power.
We can’t borrow as much? We can’t buy as much.
Vicious circle, lending to your main buyer.
We can’t borrow as much? We can’t buy as much.
Vicious circle, lending to your main buyer.
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