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Economy

quartz007

(1,216 posts)

8. You are wrong again!

Reply to tonyt53 (Reply #7)

Tue Apr 10, 2018, 02:34 PM

Apr 2018

US debt to China was $1.2 trillion as of November 2017.
And China has stopped buying US Bonds!

The trade deficit to China is $0.5 Trillion EVERY YEAR.
Do the math. If you are mathematically challenged,
the debt to China is less than 3 years trade deficit.

Conclusion: Debt is nothing compared to growing imbalance of trade EVERY YEAR, YEAR AFTER YEAR.

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Highlight:

China softening on trade war? [View all] quartz007 Apr 2018 OP

I was certain China does not want a trade war quartz007 Apr 2018 #1

We're going to have to listen (or read) 45 taking credit. AJT Apr 2018 #2

China is holding how much US debt? Trade pares with that. tonyt53 Apr 2018 #5

Do you remember why Walmart is world's biggest retailer? quartz007 Apr 2018 #6

As I said, trade is nothing compared with the US debt China holds. tonyt53 Apr 2018 #7

You are wrong again! quartz007 Apr 2018 #8

Xi is clever Billy Jingo Apr 2018 #3

Yap, You have a valid point quartz007 Apr 2018 #4