How and why did Americans Come to Owe China and Made the Economy to be in a recession/Depression?
Its the politicians who come to power by your vote.
The American Politicians do not know what they know.
Your Present President before he was voted he told he will kill Osmana Bin Ladan but he is killing Americans in Afghanistan & Iraq.
He is giving money to Pakistan to kill Pakistanis.
Industries in America are in China.
Unaccounted money of American Billionaires lie out side America.
Made in USA has gone,it is now Made in China.
Boycot Made in China goods,buy only Made in USA goods.
Mahatma Gandhi made Indians burn Made in England Goods.
Do you have a Mahatma Ghandhi in USA.?
In China no one votes.
China holds a large portion of our debt for two reasons. First and primarily, they buy treasury bonds from the government. The U.S. government has issued trillions of dollars in debt over the last 20 years, and China has been the primary buyer. The second reason is because of the trade deficit between the two countries. The U.S. buys more from China than China buys from the U.S., meaning that China is left with extra U.S. dollars in their coffers. The U.S. is obligated to honor those dollars, thereby giving China considerable leverage.
As far as creating the current recession, I don't know of any evidence supporting that claim.
by Thomas Byers5 years ago
Rev. Jackson pointed out that their is no debate in the Presidential Debates about the Poor, the Homeless, and the Hungry. Are both of our Presidential Candidates ducking the important issues? What do you think?He also...
by Holle Abee7 years ago
I felt it my duty today, as a patriotic American, to help stimulate the economy. I took my three grown daughters and the youngest grandchild Christmas shopping today. We bought tons of toys at Toys R Us, then we went to...
by Grace Marguerite Williams18 months ago
Who will WIN the American Presidency- Clinton OR Trump?
by Thomas Byers3 years ago
Its really sad that we as Americans let the Democrats and Republicans pull games on us and keep our minds off the really important issues that face us as Americans. How can we not demand real solutions to the...
by Ralph Deeds6 years ago
The pundits are are attributing the huge drop to loss of faith in our government's inability to govern effectively.
by Grace Marguerite Williams2 years ago
American middle class and the economy? Do you believe that Donald Trump will revitalize the American economy in ways that were unprecedented previously? What are ways do you think that Donald Trump would be...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.