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Oct 5, 2021
4:43
:09
pm
cheezedawg
Pretty ok
China owns a lot of the US debt, so if we’re in trouble, it’s really China that’s in trouble
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cheezedawg
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cheezedawg
Joined
Oct 4, 2007
Last login
Jun 8, 2024
Total posts
66,846 (16,882 FO)
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Messages
Author
Time
POLL: Who’s in a worse position, US with $70,000 debt per citizen China with $8500 Debt per citizen
germ1
10/5/21 4:30pm
China has over 1 billion people
idcougarfan
10/5/21 4:31pm
But their debt per citizen is almost double their Average household income.
germ1
10/5/21 4:33pm
Your numbers don’t correlate. You list debt per citizen and then list
cougarfann888
10/5/21 4:34pm
Your right let me clear it up, $70,0000 and $8,500 is governmen debt per citizen
germ1
10/5/21 4:36pm
Its really bad news for all of us. Just have to see how it all shakes out.
rad dawg
10/5/21 4:34pm
Japan, with its aging population, reduced workforce and massive debt... subject to raw materials supply issues.
Division Bell
10/5/21 4:36pm
China is growing and building new trading partners world wide....
Xenon
10/5/21 4:40pm
I saw a few days ago that China is trying to forcibly push their way into the CPTPP (as viewed by the existing members).
Division Bell
10/5/21 5:28pm
China owns a lot of the US debt, so if we’re in trouble, it’s really China that’s in trouble
cheezedawg
10/5/21 4:43pm
Right. What’s the old saying?
RalphWiggam
10/5/21 4:48pm
The US owns even more Chinese debt.
Yummy Tears
10/5/21 4:49pm
Well that’s not true.
cheezedawg
10/5/21 5:29pm
Yeah, China’s not dumb enough to sell us lots of debt.
zsmooth
10/5/21 5:54pm
Debt is not necessarily a terrible thing. Especially if you have a growing
Blueto
10/5/21 4:43pm
I agree and it will be interesting to see how China handles a major Econ world
germ1
10/5/21 4:46pm
The problem w/ our debt is it’s positive slope, it’s growing exponentially
Blue Ridge
10/5/21 4:47pm
China by far. Not to mention the skeletons in the closet with China when things
Yummy Tears
10/5/21 4:49pm
US. Debtor nation + what Xenon wrote + the US has so many enemies within.
mokelembembe
10/5/21 4:49pm
Vietnam and The Philippines.
bruincoug
10/5/21 5:27pm
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