China has big debt to the US

1. 68

   SparklingJewelposted 13 years ago

   ...and they complain we don't meet our responsibilities
   
   http://www.foxnews.com/opinion/2011/08/ … ed-states/
   
   the Chinese government (or whoever makes such decisions)have their ancient traditions of keeping face and having integrity confused almost as badly as the US government has in being aligned with its own Constitution, Bill of Rights and Laws

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   recommend1posted 13 years ago

   Not only is the whole fox-up of a piece wrong in basic numbers it is kite flying big time    The US debt that China holds is in Trillions of dollars, that makes the few billion relatively insignificant !
   
   The default on bonds comes about with the fall of the government that issued those bonds prior to the Revolution.  The bonds themselves are in many ways a colonial carve up of the spoils which are quite rightfully denied now that the original thieves have been ejected from the country.
   
   I met an old Chinese couple in London who complained bitterly that China has consistently refused their demands to be paid for the land they lost and especially for the indentured-for-life workers (slave labour) that were apparently worth more than the land.  To demand payment for the spoils of colonisation is of the same category.

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      Hugh Williamsonposted 13 years agoin reply to this

      So if the U.S. had a socialist revolution the PRC wouldn't expect repayment of monies owed?
      
      The U.S. constitution says that our debts must be repaid, no matter who the creditor is. Period. What does yours say?

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         recommend1posted 13 years agoin reply to this

         As I am British - ours says go about it with reason and respect, we got ours paid

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            Hugh Williamsonposted 13 years agoin reply to this

            You're British. That's nice but the issue is why does PRC feel that it can unilaterally  repute certain of the nation's debts because they were incurred by a prior government?

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               recommend1posted 13 years agoin reply to this

               I don't know to be honest, but it might have something to do with the fact that the previous government is still recognised by the US even though it only inhabits Taiwan ?  So if I were Chinese and wanted the US to take its beak out of Chinese business I would tell them to go see Taiwan about it.  But there are many other possible reasons such as the US was one of the colonial powers in China and so able to force unreasonable deals etc.  It has me interested now, so I will go and see if I can't find out something about it.

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                  Hugh Williamsonposted 13 years agoin reply to this

                  Great! You don't have to pay back "colonial" nations?
                  
                  With your annexing of Manchuria, Manchukuo and Tibet - China rates as a colonial power. Right?
                  
                  Burn the mortgage.

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                     recommend1posted 13 years agoin reply to this

                     Just got up - and decide I agree with you.  When are you guys going to start to pay back the UK ?  you could start with paying for Virginia with back taxes on all that tobacco, maybe we can skip the tax on tea ?

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                        Eaglekiwiposted 13 years agoin reply to this

                        How very British of you

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                           recommend1posted 13 years agoin reply to this

                           . . . and you guys owe us shedloads in wool and chops !

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                              Eaglekiwiposted 13 years agoin reply to this

                              A big woolly jumper to kick the sh...outta you!! (Britian that is)
                              
                              Maybe with the Rugby World Cup we will have our chance
                              
                              Kamate ..kamate

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                                 recommend1posted 13 years agoin reply to this

                                 A New Zealander kid recently told the class, when they were all telling what work their father did, that his father was a cleaner in a whorehouse.  His teacher took him aside after class and told him he did not believe what he had told the class.  The kid said, "well, I couldn't admit he played rugby for the All-blacks - could I !"

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                                 1. 74

                                    Eaglekiwiposted 13 years agoin reply to this

                                    ..But they are recognised Champions?? (hold most points than any other country)
                                    
                                    Sorry dont get ya joke
                                    
                                    The All Blacks were playing England, and after the half-time whistle blew they found themselves ahead 50-0, Jonah Lomu getting eight tries. The rest of the team decided to head for the pub instead of playing the second half, leaving Jonah to go out on his own.
                                    
                                    "No worries," Jonah told them, "I'll join you later and tell you what happened." After the game Jonah headed for the pub where he told his teammates the final score: 95-3.
                                    
                                    "What!!!!" said a furious Josh Kronfeld, "How did you let them get three points??!" Jonah replied apologetically, "I was sent off with 20 minutes to go."

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3. 77

   psycheskinnerposted 13 years ago

   That would be like saying "Sure I owe you a thousand dollars, but you never paid me back that 75 cents for that pepsi I bought you,"

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4. 78

   MissEposted 13 years ago

   What if we all just forgave and forgot?

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      Hugh Williamsonposted 13 years agoin reply to this

      OK. Works for me.

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5. 75

   Wesman Todd Shawposted 13 years ago

   Maybe we should charge China those trillions PLUS INTERESTS for saving their ass from the Japanese in world war two?

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      Eaglekiwiposted 13 years agoin reply to this

          No 44 with the Roast Duck on the side  

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      recommend1posted 13 years agoin reply to this

      Nice thought if you like to re-write history a bit   although the US did have a small squadron of fighters there.  The shame of it really is that China had to still fight them out even after the 'world' war had ended !

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      robindengposted 13 years agoin reply to this

        For the charge  of  flooring Hiroshima & Nagasaki ? 

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         Wesman Todd Shawposted 13 years agoin reply to this

         I have no apologies for the Japanese - they pretty much got what they deserved there.
         
         Not the civilians - but the facts were that the Imperial Japanese were pretty damned hard core, and that whole damned war needed to be over sooner rather than later.
         
         Do you suppose it would have been LESS destructive if the US had had to invade Japan to end the war?  I don't think so - I think there would have been MORE casualties on BOTH sides if that would have happened.

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