Thanks for those numbers.
Puts China’s “debt grip” on us into perspective — not yuge.
Sidebar: I wonder...is Trump and our new Space Command and China paralleling Reagan and SDI/Star Wars and USSR?
“I wonder...is Trump and our new Space Command and China paralleling Reagan and SDI/Star Wars and USSR?”
That, and the withdrawal from the INF Treaty, threaten the fundamental basis of China’s military strategy against us. The Intermediate range missiles in particular, are going to impose significant costs on their military, to start hardening and defending critical assets, rather than building offensive capability.
The concept of debt grip verges on stupidity. The purchase of American bonds is the safest and most liquid investment the foreigners can make.
The purchasers are not all governments but capitalists looking for safety
We got the money. They got paper.