"the only reason China et al has been able to buy our bonds is because of their trade surplus, which also enables them to buy our land."
Gee, if only Republicans hadn't reset our fiscal sights from surpluses to deficits, we wouldn't have that problem, would we?
#10 | Posted by Danforth
I'm not sure what your point is, because the China situation has developed across multiple administrations.
Please see these CFR sites for clarification, and notice that the China Holdings of U.S. Agency Bonds tracks exactly the China's trade surplus :
www.cfr.org
falling-trade-rising-imbalances
www.cfr.org
chinas-rising-holdings-us-agency-bonds
If the trade balance is not restored, we will literally lose our country. Foreigners will own our country.
Do you understand?
"the only reason China et al has been able to buy our bonds is because of their trade surplus, which also enables them to buy our land."
Gee, if only Republicans hadn't reset our fiscal sights from surpluses to deficits, we wouldn't have that problem, would we?
#10 | Posted by Danforth
I'm not sure what your point is, because the China situation has developed across multiple administrations.
Please see these CFR sites for clarification, and notice that the China Holdings of U.S. Agency Bonds tracks exactly the China's trade surplus :
www.cfr.org
falling-trade-rising-imbalances
www.cfr.org
chinas-rising-holdings-us-agency-bonds
If the trade balance is not restored, we will literally lose our country. Foreigners will own our country.
Do you understand?