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Originally Posted by Guest
Once the tax bill passes and the additional 2 trillion in US debt is financed by China, China will be able to spend billions on improving their infrastructure, transition to EV’s, cross the country with high speed rail and build islands to place military weapons.
A communist government and country is being supported by our national debt.
Meanwhile the 4 trillion dollars being held by US corporations is not adding to R&D or creating new jobs. Bottom line. Buy more stock and plan to retire in Communist China. The US is on a self destruct path lead by greed and incompetence.
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You don't get it..."money" is just "air"...it's numbers on a computer screen...numbers in a ledger...numbers on paper.
NOTHING backs it up. China doesn't "give" us anything...we don't "give" China anything other than IOUs.
The entire world financial "system" is a giant Ponzi.
Actually...it's US who screws China...we give them paper with numbers on it...and they make stuff and send it to us.