Quote:
Originally Posted by ukthunderace
yes, it is imminent. China depends on the West? We are in debt up to our eyeballs to China. They could destroy us without ever lifting a weapon.
|
Yes, our national debt has risen significantly over the years of Chinese prosperity. Yes, we owe China a great amount of $ as they continue to invest in our treasuries over the years. Now it begs the question, why are they investing so much into us? It is because they are dependent on our markets. Who do you think buys all the stuff that they produce? How is it that they their GDP has grown that dramatically? We are their number 1 consumer, and that's why they are dependent on it.