why china is letting us borrow money

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Category:

News & Politics

Tags:

• china
• usa
• recession
• agreement
• value
• currency
• economics
• goods
• gdp
• merchandise

[merakhagen]

Everytime I walk into Wal-Mart, I scream "CHINATOWN!"

[merakhagen]

Once China transform its economy from manufacturing to service or R/D, USA is f&*ked. Watch those Americans trying to buy houses and cars without using credit, Jesus will have to resurrect in order to help.

[NauticaSailor]

I got one Idea !! the U.S should give ½ of the gold that they have to china to pay off some debt... but the U.S won't do it !!! its like a person that rather dies wealthy than living poor.

[jjenson2006]

This video is flawed. It is true that the Chinese currency would rise when they sell dollars, but that doesn't mean the price of Chinese goods will rise. The price only changes due to supply and demand. The reason why the price of Chinese goods will rise (for Americans) is because the Chinese (who hold Chinese money) will be buying more of their own product which is cheaper for them. This increase in demand will drive up prices for us; but they'll still have jobs making products for THEMSELVES!

[wwwtips]

@leojames321 Can you explain how China charges 40% on USA borrowed money I believe they bought USA treasury bill which interest rate is not even reach 3%? By the way China own about 1Tr, Japan 880B from the total of foreign own treasury securityy of $4.4Tri.........

[NANDO218]

@deadcell1 i dont think we should outlaw divorce because of exactly what u said. he asked what the bible said so i told him. you are right though. but going even further, i think western society has polluted the meaning of life itself. as soon as we enter school, we are trained into believing life is all about becoming "successful" and making lots of money. becoming a "useful" member of society. it would be illegal for us to build our own home and live off the land and be our own person.

[deadcell1]

@NANDO218 Or we could be like the philippines and outlaw divorce all together.. Even in China who has about 1.2 billion people their divorce rate is lower then ours and we have less then half as much people then china. I belief the problem is that western soceity has polluted the meaning of what marriage is and what love is.. People marry out of lust and or for material gain rather then love. One must examine the society before one judges its people.

[7466nuts]

Very good , its 05/09/2011 and guess what , thats right NOT YET, China will wait and bankrupt the US more , just wait, its not about money , its about water , food and yes OIL. Just wait .

[NANDO218]

@sheilasimsbooks but jesus says in the bible that divorce is prohibited. something to the effect that divorce is adultery and marrying a divorced woman is also committing adultery. i think we have to worry more about getting into relationships than getting out of them. if we understand what we are getting into in the first p-lace, divorve will be unnesessary

[B2Raft]

This is all wrong... the USA is printing money at such a great rate that the Chinese selling 1T in USD (already sold $600B in 1H 2011) will not materially increase the Yuan. We are living beyond our means and need to cut government spending and printing of dollars... hyperinflation is next.

[sandcut1]

@whiskeyify Were they Marconi, just curious. My father used to work for Marconi.