How long before our bad fiscal policies allow China to swoop in and buy America?
November 16, 2008
Aunt Acid asked:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFQwLGTYEM3Y&refer=home
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFQwLGTYEM3Y&refer=home
Nov. 18 (Bloomberg) — China surpassed Japan in September to become the biggest foreign holder of U.S. Treasuries, as foreign investors sought the relative safety of government debt as stocks plunged 9.1 percent that month.
November 17th, 2008 at 11:38 pm
Sounds as if they already have.
November 18th, 2008 at 10:03 pm
It’s too late, Auntie. Your beloved Bush sold us down the river, just as I predicted!
November 21st, 2008 at 11:56 am
if we continue to act like our national debt doesn’t matter then it wont take more than 15 years.
November 24th, 2008 at 4:15 am
It’s been happening for a while.
Where do people think the money for Dubya’s little war against Iraq comes from?
November 26th, 2008 at 6:11 pm
I thought it would be more immediate than it has been….
November 29th, 2008 at 6:08 am
You’re a little late to that game.
Like roughly 20yrs.
December 1st, 2008 at 12:54 am
Its already happening. They are even buying up American infrastructure.
December 1st, 2008 at 11:02 am
Where have you BEEN?
China already owns more of America than you Americans!! 17 TRILLION to be exact.
December 1st, 2008 at 8:55 pm
With Obama, Pelosi and Reid in charge, it won’t take long.
December 3rd, 2008 at 9:26 am
saudi own some china own nearly 10% a communist country and america won’t even lift embargo on cuba something wrong somewhere
December 6th, 2008 at 8:58 pm
If we owe China a billion, we have a problem,
If we owe China a trillion, they have a problem
December 9th, 2008 at 6:39 pm
Don’t you know that China is even more worried about the economic crisis then we are. They’ve been covering it up but what do you think will happen when they start lay offs? They already worried about social unrest with millions are layed off of their factory jobs. America is having economic problems, well most Asian countries are already in recession as well as Japan. Soon all you people who think China is just the number one lately will see exactly what happens to them when we stop buying their toys.
December 10th, 2008 at 6:20 pm
Yep bush sold the U.S to foreign investors!! Your screwed
side note- don’t blame obama for this, it’s bushes fault.
December 13th, 2008 at 10:20 pm
They have already bought everything but our American spirit, and that is not for sale.
December 16th, 2008 at 2:42 am
This is the mythology of “Free Trade,” when true American-Keynesian economics has been left by the wayside.
December 18th, 2008 at 2:59 pm
I dunno. You should ask all the Republicans cheering on corporations who decide to move their manufacturing and operations to China.
December 21st, 2008 at 9:02 am
China has a vested interest to help American be economically strong.
If that was not the case, who is going to buy their products if they are on a quest to bury other economies?
Look at it this way:
A drug dealer needs addicts to buy their product to survive
Would it make economic sense to kill them all?
Peace
Jim
.
December 23rd, 2008 at 4:56 am
It’s being bought piecemeal, foreign ownership in america is rampant and a side effect to the politics of what has been dubbed by leaders of the past- particularly conservatives as ‘incentives promote foreign investment”
Shopping at Walmart really does have a huge hidden cost.
December 24th, 2008 at 1:46 pm
Bush borrowed $2 billion a day for three years from China, Japan and Saudi Arabia,
We own China $1 trillion of our National debt .
You can thank Bush for that.