Have you seen China’s national debt?
(oh that’s right, China runs a surplus)
A big surplus.
With AMERICA.
“Have you seen China’s national debt?”
China is one of the world’s most indebted nations. It’s just that most of the debt is local government debt.
They may run a trade surplus (tho’ even that is quite small now), but they have tons of debt.
Are you clear on what a national debt is? China doesn’t have a national debt with America.
I do like discussing important ideas, but you don’t even or can’t even get your basic facts correct. It makes it hard to take you seriously.
https://en.wikipedia.org/wiki/Government_debt
China, like the US, is running a government budget deficit:
http://www.nationaldebtclocks.org/debtclock/china
http://www.nationaldebtclocks.org/debtclock/china
China owns about 8% of the $14 trillion plus US debt.
http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm
This has been explained to you repeatedly, but you don’t seem able to comprehend it. Ping me once you’ve learned the difference between government debt (real) and a trade deficit (imaginary).