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How much of the USA does China own ? how much money does the USA owe China? How many American States would China take ownership over to cancel the debt?
According to a Forbes report China is one of the few countries that still views the USA as a stable and desired place to invest money. Not only are Chinese investors and the Chinese state buying up luxury homes and apartments across all major US cities, they are also buying up US treasury bonds at an alarming rate. China has also been buying up Texas oil fields, major Chinese company Chesapeake Energy, holds 600,000 acres of South Texas oil and gas fields. China and Japan combined now own 2300 billion dollars of treasury securities The U.S. debt was more than $14.3 trillion during the so-called debt crisis of 2011, when the level of borrowing reached its statutory limit and the president warned of a potential default if the cap wasn’t raised. To put China’s ownership of U.S. debt in perspective, its holding of $1.2 trillion is even larger than the amount owned by American households. U.S. citizens hold only about $959 billion in U.S. debt, according to the Federal Reserve. Some Republicans have expressed concern over the amount of U.S. debt owned by China. Republican U.S. Rep. Michele Bachmann, a 2012 presidential hopeful, joked that when it came to the debt “Hu’s your daddy,” a reference to Chinese President Hu Jintao.
originally posted by: Misterlondon
Same as in the UK.. Businesses, property next will be the people..
Russians and Chinese taking over the world without firing a single bullet..
originally posted by: Woodcarver
a reply to: blackadder01
Yes, i can imagine this poses some serious national security issues.
As far as i can tell, Trump is the only one talking about it.
originally posted by: hounddoghowlie
a reply to: blackadder01
you know i've always said it doesn't make sense to do business with a country that threatens you.
this is one of the older ones,
China threatens preemptive Nuclear war
kick to the curb, they won't launch.
originally posted by: Painterz
Yeah, this is what has been fuelling our economies the last 10 years, foreign investments.
The Saudi's and Chinese own a terrifying amount of UK infrastructure too.
But without that investment, half the country would probably have been shut down and turned into a pound shop or a betting shop.
... half the country already has done that. But I mean, most of the other half would have too.
It's too bad that the younger generations disagree with us
originally posted by: hounddoghowlie
a reply to: blackadder01
It's too bad that the younger generations disagree with us
them and the greedy older generations, that started the whole mess.
originally posted by: seasonal
a reply to: blackadder01
As with all things this too will end. But how and why is the real story.
This is not like the Japanese booger man in the 1980's. This is a different beast all together.
There's nothing technically wrong with investors around the world buying American properties or securities.
originally posted by: muzzleflash
a reply to: blackadder01
Wait so it's OK and cool to invest in, build our factories and pollute China - but how dare they buy US real estate or bonds?
Think about this.
originally posted by: Misterlondon
Same as in the UK.. Businesses, property next will be the people..
Russians and Chinese taking over the world without firing a single bullet..
originally posted by: kelbtalfenek
a reply to: blackadder01
It's a sad reality. This country has a wonderful capitalistic penchant...and will sell to whomever is buying.
The stark outlook is that China could collapse our economy very quickly and almost completely...just by cashing in their chips, or short selling or whatever. But the reality is that they won't...the US is the biggest consumer of Chinese goods/products. If they collapse our economy, theirs will not be far behind.
As far as companies, corporations and property...Unless there are specific laws prohibiting foreign ownership, there is no way to prohibit the sale of those companies to Chinese investors...or to China itself.
The Art of War is an ancient Chinese military treatise dating from the Spring and Autumn period in 5th century BC. The work, which is attributed to the ancient Chinese military strategist Sun Tzu ("Master Sun", also spelled Sunzi), is composed of 13 chapters. Each one is devoted to a distinct aspect of warfare and how that applies to military strategy and tactics. For almost 1,500 years it was the lead text in an anthology that would be formalised as the Seven Military Classics by Emperor Shenzong of Song in 1080