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Where is the $ coming from?
by The_Rodfather

as gwb jr spends this country into the shithole under the guise of fighting for democracy in all places, Iraq. He is borrowing the money from China, 1.4 trillion dollars to be exact, in the last few years.

The Americans that voted that dumbass into office owes the rest of us an apology.

Re: Where is the $ coming from?
by thewolf05827

"He is borrowing the money from China, 1.4 trillion dollars to be exact, in the last few years."

Care to try that again?

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Re: Where is the $ coming from?
by The_Rodfather
try looking at the trade deficit.
Re: Where is the $ coming from?
by thewolf05827

260 or so billion with China. So? Still doesn't add up to childish, alarmist claim... doesn't even add up to half of it in fact.

Rant on.

Re: Where is the $ coming from?
by itspattee
You should be asking where the money will come from to pay for Hillary's or Obama's proposals. Do you think the deficit or the $9 trillion debt will be considered or will we just keep borrowing?
Re: Where is the $ coming from?
by The_Rodfather
Currently, China holds over $1 trillion in dollar denominated assets (of which $330 billion are U.S. Treasury notes). In comparison, $1.4 trillion represents M1 or the "tight money supply" of U.S. Dollars which suggests that the value of the U.S. Dollar could change dramatically should China ever choose to divest itself of a large portion of those reserves.[13][14][15][16
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