"10 Years Time" America Wont be able to Pay off China's Debt

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Expand view Topic review: "10 Years Time" America Wont be able to Pay off China's Debt

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Ironlikealion » Thu Aug 18, 2011 12:03 am

Bowing to Chinese pressure

Obama administration kills F-16 deal with Taiwan

The Obama administration had been under pressure from China since announcing the 6.4 billion dollar deal in January 2010. The original agreement would have created roughly 16,000 jobs to fill the order and brought over $750 million in revenues into the U.S. Treasury.

the U.S. will deny Taiwan's request for 66 new F-16C/D fighter aircraft, a Taiwan Ministry of National Defense (MND) official said, "We are disappointed in the United States," he said..

http://www.defensenews.com/story.php?i= ... =ASI&s=AIR

http://www.americanthinker.com/blog/201 ... aiwan.html

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Mrmcnuggets » Wed Aug 17, 2011 10:49 pm

If every one of them got on a rowboat right now and headed for the us, wouldnt matter how many died as is it's 4 to 1 per every citizen. Kinda rough.

Legalizing bud on an estimate based on arrests would be a 72 billion dollar a year industry for the us alone.. Just off of estimates.

Re: "10 Years Time" America Wont be able to Pay off China's

Post by abdullha14 » Wed Aug 17, 2011 9:00 pm

Image

shits gonna get alot worst before it gets any better with this mf

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Troll2rocks » Wed Aug 17, 2011 8:43 pm

lowsix wrote:Legalizing Pot across the board would make a bigger one.

maybe.



That is a very plausible option.

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Lowsix » Wed Aug 17, 2011 8:42 pm

Legalizing Pot across the board would make a bigger one.

maybe.

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Phaeton » Wed Aug 17, 2011 8:39 pm

troll2rocks wrote:
phaeton wrote:Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider:

Hong Kong: $121.9 billion (0.9 percent)
Caribbean banking centers: $148.3 (1 percent)
Taiwan: $153.4 billion (1.1 percent)
Brazil: $211.4 billion (1.5 percent)
Oil exporting countries: $229.8 billion (1.6 percent)
Mutual funds: $300.5 billion (2 percent)
Commercial banks: $301.8 billion (2.1 percent)
State, local and federal retirement funds: $320.9 billion (2.2 percent)
Money market mutual funds: $337.7 billion (2.4 percent)
United Kingdom: $346.5 billion (2.4 percent)
Private pension funds: $504.7 billion (3.5 percent)
State and local governments: $506.1 billion (3.5 percent)
Japan: $912.4 billion (6.4 percent)
U.S. households: $959.4 billion (6.6 percent)
China: $1.16 trillion (8 percent)
The U.S. Treasury: $1.63 trillion (11.3 percent)
Social Security trust fund: $2.67 trillion (19 percent)

So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.
http://globalpublicsquare.blogs.cnn.com/2011/07/21/who-owns-america-hint-its-not-china/

The trillion-dollar coin solution
http://www.economist.com/blogs/freeexchange/2011/07/so-crazy-it-just-might-work



Interesting note - it initially appeared as though China was slowing down their purchases of US debt in 2010. The United Kingdom, on the other hand, was rapidly ramping up their purchases - so much so, in fact, that the United Kingdom's holdings of US debt increased over 200% in 2010.

But wait - the US Treasury Department later revealed that it was China that was behind most of the United Kingdom's frantic buying of US debt. China was buying hundreds of billions of dollars worth of US Treasuries through UK-based money managers, which meant that the purchases were initially credited to the United Kingdom. The US Treasury Department recalculated their results, and China ended up being credited for the vast majority of the purchases that were initially credited to the UK.

http://www.davemanuel.com/so-how-much-m ... -china-85/


Interesting find. Didnt know that. Still, this 'trillion dollar coin' solution seems viable. And would make a big impact. :think:

Re: In 10Years Time America Wont be able to Pay off China's

Post by Will69ease » Wed Aug 17, 2011 8:37 pm

domdabears wrote:
rydher wrote:
domdabears wrote:It ends for them like everyone else.
lol you seriously need to go to a religious forum.
Why the fuck are you here?
This isn't a religion forum.
I'm seriously getting sick of it.


It is a forum where you are able to speak what you believe the truth to be though, right? If that's what he believes, then so be it.

yeah, only if it was the truth.

And there's no free speech here.
Everyone needs to get that notion out of their fuckin head.

I am quite sure he is referring to the end game prophecy were the tidings in the east trouble the king of the north. Ultimately it means WWIII were there are no winners. It won't make any difference where you are or what religion (if any) you follow if the world winds up in a nuclear nightmare. It's a pretty pessimistic way of looking at it none the less.

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Rydher » Wed Aug 17, 2011 8:35 pm

domdabears wrote:Trust me, I want to, but I wont.
I just complain like the rest.


The Lord will no doubt bless you for your acts of mercy. :mrgreen:

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Troll2rocks » Wed Aug 17, 2011 8:33 pm

phaeton wrote:Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider:

Hong Kong: $121.9 billion (0.9 percent)
Caribbean banking centers: $148.3 (1 percent)
Taiwan: $153.4 billion (1.1 percent)
Brazil: $211.4 billion (1.5 percent)
Oil exporting countries: $229.8 billion (1.6 percent)
Mutual funds: $300.5 billion (2 percent)
Commercial banks: $301.8 billion (2.1 percent)
State, local and federal retirement funds: $320.9 billion (2.2 percent)
Money market mutual funds: $337.7 billion (2.4 percent)
United Kingdom: $346.5 billion (2.4 percent)
Private pension funds: $504.7 billion (3.5 percent)
State and local governments: $506.1 billion (3.5 percent)
Japan: $912.4 billion (6.4 percent)
U.S. households: $959.4 billion (6.6 percent)
China: $1.16 trillion (8 percent)
The U.S. Treasury: $1.63 trillion (11.3 percent)
Social Security trust fund: $2.67 trillion (19 percent)

So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.
http://globalpublicsquare.blogs.cnn.com/2011/07/21/who-owns-america-hint-its-not-china/

The trillion-dollar coin solution
http://www.economist.com/blogs/freeexchange/2011/07/so-crazy-it-just-might-work



How much of this money is owed to China?

As of December/2010, the United States owed China $1.164 trillion.

There is currently $4.3 trillion owed to countries such as China, Japan and the United Kingdom. China owns roughly 27% of this total.

The United States currently has a public outstanding debt total of over $14.1 trillion. Of this total, China owns roughly 8%.

Interesting note - it initially appeared as though China was slowing down their purchases of US debt in 2010. The United Kingdom, on the other hand, was rapidly ramping up their purchases - so much so, in fact, that the United Kingdom's holdings of US debt increased over 200% in 2010.

But wait - the US Treasury Department later revealed that it was China that was behind most of the United Kingdom's frantic buying of US debt. China was buying hundreds of billions of dollars worth of US Treasuries through UK-based money managers, which meant that the purchases were initially credited to the United Kingdom. The US Treasury Department recalculated their results, and China ended up being credited for the vast majority of the purchases that were initially credited to the UK.

http://www.davemanuel.com/so-how-much-m ... -china-85/

Re: "10 Years Time" America Wont be able to Pay off China's

Post by Flecktarn » Wed Aug 17, 2011 8:32 pm

Image
Image

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this was 2008

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