Posted on 05/23/2021 8:57:55 AM PDT by USA Conservative
Last summer President Donald Trump said China will own the US if his Democratic rival Joe Biden is voted to power in the November 3 presidential elections.
Trump said the biggest thing about his challenger’s speech was the issues that he did not talk about, including China.
“It’s time to reject the anger and the hate of the Democrat Party. We have the biggest election coming up of our lifetime. No party can lead an American that spends so much time tearing down America. But, the biggest part of last night’s speech was what Joe Biden didn’t talk about. He didn’t talk about law enforcement. He didn’t talk about bringing safety to the democrat run.
Biden voters didn’t believe what President Trump was saying but it seems that Biden himself already admitted that the Chinese owns us!
Video below:
The U.S. debt to China was $1.1 trillion in January 2021. That’s more than 15% of the $7 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $28 trillion national debt is owned by either the American people or by the U.S. government itself.1
China has the second-greatest amount of U.S. debt held by a foreign country. In January 2021, Japan topped the list, owning $1.28 trillion.
China had reduced its holdings of U.S. debt since 2011 when it held $1.3 trillion.3 It is taking steps to make its currency, the yuan, transition to a global currency. To do that, China had to loosen its peg to the dollar. That made the yuan more attractive to forex traders in global markets. China’s economic growth has been slowing down since Donald Trump was elected president and then began a trade war.4 As China’s exports decline, it is less able to invest in U.S. Treasurys.
So clearly Biden was talking about something else as China didn’t own Americans under President Trump but under Biden, it seems that we gave up our country to the CCP.
How is this not a big deal to our mainstream media?
And when they call in the debt, what happens then?
He’s speaking for himself. “Us” means the Bidens not the USA.
But we have been liquidating the country and selling it to the Chinese for decades. And it needs to stop. Trump had us on the right path.
Raising the tariffs on China, would have eventually reduced the trade deficits. I don’t think Trump went far enough. He needs another 20 years. We need general tariffs on all imports to get manufacturing to move to the US, instead of just relocating from China to other third world countries.
Blocking China from selling us critical infrastructure components like components of the electrical grid or 5G telecommunications was both a brilliant national security move and supportive of USA industry.
The Biden’s owe China. I’m a little surprised that Biden hasn’t already moved to lower tariffs on China and sell out our industries. Biden has already allowed China to sell us components of our electrical grid. Bad policy Biden.
and blocking sales of critical infrastructure from China.
Napoleon Bonaparte said, "Never interrupt your enemy when he is making a mistake."
China is taking Napoleon's advice. They will wait until America is weakened past the point of defending herself, and then they will move.
China is patient.
Anyone know what year he said this and context? Better memories than me?
We should just point to the COVID-19 outbreak and say "paid in full". We should already have done this anyway.
Kudos for speaking the truth.
In African and Latin American countries when the debtor cannot repay, repossession is easy because the money was lent for particular projects i.e. ports and airports and highways and mining projects. The Chinese repossess those things and install military bases and such. China has colonized much of the third world.
Those Chinese electrical components are surely all wired to be controllable from China.
The Resident is a traitor.
I’ve been thinking that for a long time.
Either that or they could have other physical vulnerabilities that the Chinese could exploit to disable the equipment.
Either way, we don't want to be dependent on foreign countries for critical infrastructure like this.
Biden is fiercely anti-China.
“The Resident is a traitor.”
Nah, ya think? Well, no shirt, Shillock. not only a traitor, but Joe Stolen is a thief, a liar, and easily manipulated by people who are vastly smarter than he is.
The CCP owns the Democrats!
CCP helped treasonous Dem Regime into the whitehut and now the destruction of America begins unless some with balls step up and do what needs to be done to remove the TRASH TRAITORS in DC and every one in the Congress, FBI and CIA in on this election atrocity!
He is about a billion times more arrogant and narcissistic than Trump could EVER be. He is a stupid as can be, but with whip cream and delusional narcissism on top. He is living proof that if you can’t do anything else well, but can boast and lie, you can make it in politics. In fact, it’s the norm. The most unimpressive category of people in the world, by far.
That people think he and his pathetically racist and elitist party are actually ‘good people with their hearts in the right place’ is almost unfathomable. He is the definition of scum. He’s always been arrogant, and stupid. A bad combination.
We should just point to the COVID-19 outbreak and say "paid in full". We should already have done this anyway.
- TwelveOfTwenty
I would agree 100%.
Memo to democrat voters
It’s time to reject the anger and the hate of the Democrat Party.
What’s in your wallet?.
And when they call in the debt, what happens then?
Doesn’t work that way. They can’t just call the debt. They have paper that they can sell. If they do, we will buy it back. We can buy whatever they sell. They have tried it several times. But when they do, their Yuan shoots up. They need dollars to keep pace with us. They would prefer Notes because they can get interest. Because they are pegged to the dollar they can’t just buy or sell without causing themselves harm. But we have been able to print money without issue. Why?
I’ll tell you why. Its because Japan and the EU are doing the same. There are only three currencies that matter. The others are pegged to one of those three, either actually or virtually. And because Japan and the EU are printing cash and need to devalue, we can as well. In fact we should. So we are staying relatively at the same exchange rate as the others because we print at the same levels.
Ah, you say, but what about gold. Gold is no longer a hedge against inflation. Because they can make lots more gold. They don’t make more of the metal. They make more shares of GLD and other soft equivalence. There are more shares than there is gold. But you can’t test it because the US, World bank and the EU have most of the gold, if they get caught selling the virtual, they can sell some of the actual. Gold is a highly manipulated market. Bitcoin will be the same in a few years.
Remember currencies are always relative. If something goes up, its going up versus something going down. Your economics 101 course did not take into account this level of manipulation.
The Communist Chinese agencies paid “Groper Joe” and his family a BILLION and a half dollars.... who’s side do you think he’s on?!!!
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