China, pretty shocking, isnt it?
Posted in the Castorland Forum
Since: Dec 09
#1 Feb 7, 2013
CHINA - The U.S. owes much more than one trillion to China. We are giving millions of dollars to China in foreign aid. China is buying our debt. Interesting math! The economy of Chinas is 2nd to ours. Our debt owe exceeds our GNP and Chinas debt is a little more than 25% of their GDP. China should be able to pay its own way.
China is no friend to us. They are targeting cyber-attacks on us, selling nuclear expertise to Iran and other adversaries of us, tooling up their military, and much more.
We need to remember one cannot buy friends. With all of that said, we should still be a developing a strong and peaceful rapport with this nation, as we should with any nation, without rewarding them with foreign aid. Pretty shocking, isnt it??
Our taxpayers are Getting Poor. Our country is flat broke. We need to balance out budget and reduce our national debt. We are giving money away to a state-controlled society! Do we live in a crazy world or what?
#2 Feb 7, 2013
We are borrowing from the Chinese to support all the government pork here. All the welfare give-aways...that's where the money for them comes from. There are more takers in America tha givers---hence we have to borrow to provide freebies for all the takers. Look around at all the government jobs at every level---county, state, federal, schools, etc. They all have big benefits too. We have to keep borrowing to fund it all!
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