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To: jospehm20; Toddsterpatriot
...they can use those dollars to buy stuff for their military...

Todd, I just realized that jospehm20 is absolutely correct saying that US/China foreign trade dollars could in fact be used by the PROC to fund its military.   Those BEA numbers showed that in 2015 Americans sold about $140B of goods'n'services over there and got paid in Chinese money.  If we'd only used it to buy Chicom gov't bonds then it would've just about covered it.  Didn't happen though, what we actually was to spend the $140B on Apple products.

jospehm20, I'd be grateful if you'd please tell us your thoughts on how China's bought $1,200B in U.S. gov't bonds, enough to completely fund the entire U.S. military budget for 2 or 3 years.  Does that make you like US/China trade?

34 posted on 03/26/2016 4:05:47 AM PDT by expat_panama
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To: expat_panama

So you are asking me that because China lends us back a portion of the money it makes from us, does that make me like trade with them? No. I think the correct answer is to make more of the stuff we buy here and quit paying for China’s military buildup. We should quit giving them our technology and make our own stuff. We are the primary target of their military build up and I think it is stupid to help our enemies fight us


35 posted on 03/26/2016 9:12:48 AM PDT by jospehm20
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To: expat_panama
Here is an amusing little tidbit from yahoo finance:

http://finance.yahoo.com/news/world-map-shows-countries-scaled-133900782.html

Enjoy! Happy Easter!

: )

36 posted on 03/26/2016 11:26:16 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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