General Discussion

Glassunion

(10,201 posts)

5. Well, we are on better terms with Japan than China.

Tue Nov 26, 2013, 12:50 PM

Nov 2013

Also, Japan has a healthier trade relationship with the US. As of Sept. 2013 the US has noted a $55 billion trade deficit with Japan. Now you compare that with a $238 billion trade deficit with China, and you start to see the picture.

We owe 1.3 trillion dollars to China. We import well over 400 billion dollars a year to a country with no human rights, deplorable working and living conditions. People are starving, yet China is spending all this money we are sending them to build up their military at rates higher in the past year than they have in the past 2 decades combined.

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Who holds the federal debt? China 8%, Japan 7%, SS trust fund 16%, Fed 12%, mutual funds 6% ... [View all] pampango Nov 2013 OP

This is why they want to screw social security so they have money to pay others on point Nov 2013 #1

China yeoman6987 Nov 2013 #2

Could be a case of using half-truths and semi-facts to prove whatever point one wants to make. pampango Nov 2013 #3

Well, we are on better terms with Japan than China. Glassunion Nov 2013 #5

^ Wilms Nov 2013 #4