One trillion US dollars

[kentuckyklira]

Is what the Chinese treasury will own in US bonds as of the end of next year. Mind you, that´s just the treasury, there are quite some private savings to take into account as well.

That´s quite some blackmail potential there!

Enjoy!

[ODShowtime]

Yeah, that is bad.

There's nothing enjoyable about it. I don't think Germany's economy would do too well with the US's down the toilet.

[Nitro Express]

Basically we borrow money so we can buy other people's shit and we borrow money because we have outsourced the jobs somewhere else.

As long as the Chinese buy the worthless dollars we print, it all works.

[Nitro Express]

The big joke is people think we are actually going to pay it back. We either sell the country to the Chinese or we go to war. I'm betting the latter. Because if we still have first strike capability we can win it all.

[kentuckyklira]

Originally posted by ODShowtime
Yeah, that is bad.

There's nothing enjoyable about it. I don't think Germany's economy would do too well with the US's down the toilet. You´re right there, cos after China and Japan, we Germans own most of the USA´s debt!