Open your own eyes and look at what you are saying. Just how does China get all that debt to earn the interest that you believe is used to subsidize exports? China buys that debt. Why does China buy the debt? Is it so they can fuel their empire on a 1% return on their investment?
Open my eye’s?
Try thinking for a minute.
The U.S. debt to China is $1.051 trillion, as of January 2017.
Owning U.S. Treasury notes helps China’s economy grow by keeping its currency weaker than the dollar. It keeps Chinese exports cheaper than U.S. products.
And they get a “small interest” on 1.051 TRILLION which they use to subsidize products....so it is a double wammy to any us corp trying to compete!
How did China become the worlds largest economy recently?
China’s low-cost competitive strategy. Its economy grew 10 percent annually for the three decades before the recession. Now it’s growing at 7 percent, a more sustainable rate.
China has now outpaced the United States and the European Union economies.
China also became the world’s biggest exporter in 2010.
I guess our strategy is working splendidly. Sell more debt for bigger government involvement and “free” goods.
No, you just sold your children into slavery and China is now their owner.
Brilliant.