But their debt per citizen is almost double their Average household income.

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Oct 5, 2021
4:33:21pm

germ1 All-American

But their debt per citizen is almost double their Average household income.

This message has been modified

Originally posted on Oct 5, 2021 at 4:33:21pm

Message modified by germ1 on Oct 5, 2021 at 4:33:41pm

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germ1

Bio page: germ1
Joined: May 24, 2004
Last login: May 3, 2024
Total posts: 7,076 (3 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.

10/5/21 4:36pm

China is growing and building new trading partners world wide....

Xenon

10/5/21 4:40pm

You nailed BRI…bravo!

byuguns55

10/5/21 4:42pm

I saw a few days ago that China is trying to forcibly push their way into the CPTPP (as viewed by the existing members).

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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