Turns Out China IS Lying About Everything

[freshwest]

39. Dude, I am going to have to make a flow chart out of what you said. Not that I disagree, but I don't

Get how 'buying debt' helps anyone. Except by interest payments... If a currency is squeezed by debt, it seems the money would be worth less. But it would also be less effort to collect interest. Then all of the money would not be good for the creditor, either. I agree that the right and left can exaggerate the claim of Chinese involvement.

Although I'd always seen the 'yellow menace' as a mere racist meme that had been discarded, not a real factor with people. Where I live, Asians, particularly Chinese, are moving here in great numbers and they are welcomed and they are good neighbors and workers, there's no hostility.

And my point was different, the way I see this being pushed in the USA is a clash of classes within this country. That some groups feel the deficit is going to hurt them due to lower returns on investments, etc. So they don't care about austerity at this time.

I'll have to copy this and hopefully get back to you on this if I can make any sense of it. Thanks for the information there. 'Finance' is just one of those subjects that make my eyes glaze over and I never paid attention to it, just personal finance.