China ousts Japan, owning the most U.S. debt

[Dimitri0809]

Go china!

[FFXYANG85]

21st century belongs to Asian Countries!

[Mummificationify]

The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.736 Trillion. In approximately 666 days in office, he has accumulated $3.066 Trillion. Using simple algebra you'll find by Dec 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.

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[Mummificationify]

Hillary Clinton is being preened to take President Maobama's place. Both Obama and Hilary answer to George Soros who contributed to both and who has the mainstream media in his back pocket. He gets Obama to take the Country to extreme socialism passing treasonous legislation against the will of the American people, then gets Hillary in office. Our dollar is on the verge of collapse, and our sovereignty is threatened as a direct result of legislation and lack of leadership.

[Mummificationify]

Clinton didn't leave a $5.6 Trillion surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links. The Debt Clock should be adjusted increasing the national debt from $14.0 to $21 Trillion and reducing our unfunded liabilities by $7 Trillion to reflect the truth about Clinton.

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Allen West 2012

[uturniaphobic]

hey folks we (all us lowly peons) could raise 1.4 trillion and just buy that debt off China, then we get the red carpet in Washing town. and We'd be able to stop crazy wars by threatening to SELL our newly acquired debt and ruin the whole war party. yeah, dreamin' over here

[germka]

So what if China owns 800 billion out of a 14 trillion dollar debt? That is less than 1/14th of the debt. Plus, who cares if they own more? If they want to get paid back, they have an interest in a stable dollar. Quit eating up the media and politicians' fear mongering.

[XxxSakura101]

I don't trust the PRC, but i trust Japan completely. I know Japan will not try to exploit it, but i can't say the same about the PRC.

[stephentsang2000]

Give China Alaska and all debts could be written off~

[Strettger]

Because they process stuff and desighn things. The EU and USA are a decade or so behind the Japanese technologicaly, and the Japs through a huge amount of money to keep this gap. Hence they buy raw materials, process it into crap then export the stuff to China for assembly and then export.

[tacotony24]

My Economic Superpower Rankings in 10 Years #1 China #2 Japan #3 US #4 Germany #5 India #6 Russia #7 Britain #8 France #9 South Korea #10 Brazil

[Strettger]

Mine.

#1 EU

#2 Japan

#3 China

#4 USA

#5 South Korea

#6 India

#7 Russia (assuming it isn't in the EU at this point)

#8 Brazil

[stephentsang2000]

Mine

#1 Iran

#2 North Korea

#3 Parkistan

other countries are too unimportant to mention. Crazy Moslims and Communists with nukes win

[Strettger]

China is all of those :)

It's oft forgotten how many Chinese are Islamic...

Iran Might become important if it is part of the pan Arabic movement (which I doubt it will be)...

NK could sit there as it is for centuries, it ain't developing unless RoK reunites with it.

Pakistan... those guys are in a cold war with India at the moment and I reckon higher up the list than Iran at the moment for US troops.

NATO invasion of a Commonwealth Realm will not happen, the USA would be alone.

[stephentsang2000]

Chinese are money mongers. And money mongers are not ambitious for world domination. China will never be a superpower cuz no Chinese want to waste their lives for fighting any fucking wars~

[Strettger]

Not money mongers, just hungry and trying to make a Detroit level of living to their lower classes.

[stephentsang2000]

Well, a Detroit level of living, or whatever level of living, is just a by product of having money. Money making in itself is the most important purpose of living.

[deterdetsamma2]

They have been in war with some country since the 1920's. Several million died during the Korean war, Vietnam. I think they are pretty much ready for dying as any other country when it wants to protect itself.

[Rocketeer1001]

@stephentsang2000 "China will never be a superpower cuz no Chinese want to waste their lives for fighting any fucking wars"

And that's why China's military budget is second largest in the world. Because nobody wants to join their army?

[brb941]

@Rocketeer1001 he is trying to say that their focus isn't on wars. Have you noticed that they hardly ever get in a conflict? America got in a lot of wars, before it even became a power. China's military is big, because they have a billion people. The us has a lot of people, and so does russia. They both have large armies. That doesn't mean that they want to participate in wars. It's sad that people support china, even though they are trying to steal tech from the US and the EU

[TheJafrikan]

@stephentsang2000 Its called Capitalism bitch

[jayc342009]

@stephentsang2000 there more of a superpower than the us mate, how can a country be a super power when its in debt...?

[SINGADRAGON]

My prediction is : #1 EU #2 USA #3 China #4 Japan #5 Germany #6 France #7 India #8 Russia #9 Brazil #10 South Korea Please note: China will likely to overtake Japan economy this year. End of Dec 08 Japan economy: $ 4.6 trillion China : $4.4 trillion. First quarter of 2009, Japan economy contracted by -6% and China achieved a growth rate of 6.1%

[TheBigBADaZz]

@SINGADRAGON The EU has a population growth problem even with immigration.

USA will get back on its feet eventually.

China and India have a gigantic human potential and i personally think they will play a bigger and bigger role in the future.Other small but populous countries like Japan,S Korea,Taiwan,Singapore and other SE Asia countries will probably make an economic union similar to EU to balance out China and India.Russia has the most resources and energy reserves but low on population.

[zipacna1980]

@SINGADRAGON WTF?:) Where is UK and Italy? Why does Germany and France are apart from EU? Why doesn't Russia between a France and UK where it is belongs now?

Your rating is flawed.

[cabraden1]

@SINGADRAGON

EU is not a country, so comparing it to US economy is misplaced.. US has by far world's largest single country economy.

[polygamous1]

how much influence do the money men have over us foreign policy? n we all know about that but us media wouldn't say that weall know who owns the BS us news media

[Strettger]

"Give me a nations money and I care not who makes its laws".

[sharkloaner]

Slaughter the jews if you wanna stop that.

[stephentsang2000]

hehe~ That's exactly why the Jews were unable to control Chinese~ Chinese are in fact more greedy and cunning than the stinky Jews, thanks to 5000 years of civilization. Chinese not only want money, but also use money to distort laws by bribery~

[lickmyprivate]

@stephentsang2000 you must not heard of something called lobbyists in Washington D.C., you must not have lived in Chicago and other big cities in the USA, bribery is alive and well whereever you go.

[polygamous1]

and who do all countries owe toFED RES "WORLD" BANK IMF ALL OWNED BY THE SAME BUNCH OF INTERNATIONAL BANKERS ELITIST to them us owes at least 7 BILLIONS SO DOES THE REST OF THE WORLD only Russia owes FA n prints real money based on reserves of gold the one country money men cannot control can't get the us military to attack them n they are using their worthless money printed without reserves to try n screw up Russia but Russian can n will hit back harder the only self sufficient country on earth

[uanimale]

What if we don't pay them back and then they try taking USA over that would be ironic.

[zzzbbb123456]

You really Fucked yourself americans.

[zappos49]

CFR Scum