Yes. End of the gravy train that allows them to dictate the rules of our relationship and take advantage of the US just because we owe them money.End of their gravy train?
Real talk... how long til we strongarm our way out of that debt with china?
Yes. End of the gravy train that allows them to dictate the rules of our relationship and take advantage of the US just because we owe them money.
Agreed, but there's a difference between losing deals, and completely getting taken advantage of and ripped off.We didn't lose deals just because we owed them money. We lost on trade because they are the only economy we can borrow from.
So basically it's like you not having credit built and losing your job with kids to feed and offering to cut your parents grass, do house work, and anything else they need in order for them to help you financially.
With Trump, I wouldn't say anything is impossible. If there ever were a President who could/would do it, it would be Trump.Can't happen.
1- when is the last time you owed someone and said GFY?
2- right now if we Welch on the payments the global economy will crumble.
Can't happen.
1- when is the last time you owed someone and said GFY?
2- right now if we Welch on the payments the global economy will crumble.
With Trump, I wouldn't say anything is impossible. If there ever were a President who could/would do it, it would be Trump.
End of their gravy train? We owe them 18T of our 20T in debt..
You must be getting your information from one of those "fake news" sites we've been hearing so much about in recent days. China owns about 7% of our national debt. Not 90%. 7%.End of their gravy train? We owe them 18T of our 20T in debt.
Do you realize how much money that is? The interest on it damn near pay them to attack us if we were to go to war.
I'm not scared of China but let's realize our role in this relationship.
You must be getting your information from one of those "fake news" sites we've been hearing so much about in recent days. China owns about 7% of our national debt. Not 90%. 7%.
Seriously, where did you get your numbers? Please tell me. I'd like to know the source that could deceive you so thoroughly.
Our role is we are the demand for much of China's supply. Without U.S. Consumers, China is in dire straits.
Don't tell me China isn't scared. We need them for cheap goods. They need us to buy those cheap goods. We can buy cheap goods from a lot of other sellers, but China can't sell their cheap goods to a lot of other buyers, because few other countries exist with the sheer volume of citizens who have disposable income like the U.S. does.
Sorry, I was typing my post as you posted yours. But the cat's out of the bag at this point, his numbers were so incredibly wrong that he will stop posting just to save face.Dude! Delete this now! Read my post.
Sorry, I was typing my post as you posted yours. But the cat's out of the bag at this point, his numbers were so incredibly wrong that he will stop posting just to save face.
Yea yea I was wrong. Ok way wrong. Misread the pie chart showing most debt is owned by local govt and not China.
I made the same point that those countries have to prop us up for economic purpose. Seems you agree on that.
I must be still asleep since summer. Starbuck's just had a Christmas commercial, and wished a Merry Christmas.
???
Huh. I thought they were against that.
what a circle jerk, feels like I walked into a Klan rally in here. They only watch Fox News too...nice bubble ya got there.How was the drive down to Carolina boyz?
More like a bukkake, and you're the centerpiece.what a circle jerk,
I bet you guys forgot that Obama cancelled the Bush contract for Marine One after getting in office too didn't ya.
Shocking, SHOCKING news coming from Cincinnati, OH. Contrary to projections, average rider numbers on the streetcar have plummeted below projections since the novelty of the streetcar has warn off, and it's proven itself to be a completely inefficient mode of transportation that takes longer than actually just walking to places. Surprised no one saw this coming.
http://www.cincinnati.com/story/new...rship-numbers-way-short-projections/95043064/
That thing looks like a bus. A *really* expensive bus. Does it do anything a bus can't? Except cost more/have to stay on it's track/force extensive infrastructure overhaul? Not go as fast?Shocking, SHOCKING news coming from Cincinnati, OH. Contrary to projections, average rider numbers on the streetcar have plummeted below projections since the novelty of the streetcar has warn off, and it's proven itself to be a completely inefficient mode of transportation that takes longer than actually just walking to places. Surprised no one saw this coming.
http://www.cincinnati.com/story/new...rship-numbers-way-short-projections/95043064/
I bet you guys forgot that Obama cancelled the Bush contract for Marine One after getting in office too didn't ya.
Yea yea I was wrong. Ok way wrong. Misread the pie chart showing most debt is owned by local govt and not China.
I made the same point that those countries have to prop us up for economic purpose. Seems you agree on that.
That thing looks like a bus. A *really* expensive bus. Does it do anything a bus can't? Except cost more/have to stay on it's track/force extensive infrastructure overhaul? Not go as fast?