Learn to support yourself and your family.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
On Monday, August 14, 2023 at 8:09:44 AM UTC-4, ltlee1 wrote:
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Borrowing means paying interest. Of course, interest payment obligation could be met by further.
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124#:~:text=Many%20people%20believe%20that%20much,most%20of%20the%20national%20debt.the national debt.
Many people believe that much of the U.S. national debt is owed to foreign countries like China and Japan, but the truth is that most of it is owed to Social Security and pension funds right here in the U.S. This means that U.S. citizens own most of
On Friday, August 25, 2023 at 11:57:44 AM UTC-4, bmoore wrote:
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:Wrong.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
In term of dollars own, the US is the largest debtor nation. As percentage of GDP, the US debt load
is substantially higher than China's.
China: 2022 77.097%the national debt.
https://fred.stlouisfed.org/series/GGGDTACNA188N
US: 2022 >120%
https://fred.stlouisfed.org/series/gfdegdq188S
Japan: 2021 > 217.614%
https://fred.stlouisfed.org/series/DEBTTLJPA188A
https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124#:~:text=Many%20people%20believe%20that%20much,most%20of%20the%20national%20debt.
Many people believe that much of the U.S. national debt is owed to foreign countries like China and Japan, but the truth is that most of it is owed to Social Security and pension funds right here in the U.S. This means that U.S. citizens own most of
On Friday, August 25, 2023 at 11:34:38 AM UTC-7, ltlee1 wrote:
On Friday, August 25, 2023 at 11:57:44 AM UTC-4, bmoore wrote:I guess it all depends on how you measure it. But the truth is still that bashing the US economy and praising China's is silly. Not accurate. I would rather live in the US, wouldn't you?
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:Wrong.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
In term of dollars own, the US is the largest debtor nation. As percentage of GDP, the US debt load
is substantially higher than China's.
China: 2022 77.097%
https://fred.stlouisfed.org/series/GGGDTACNA188N > >
US: 2022 >120%
https://fred.stlouisfed.org/series/gfdegdq188S
A Crisis of Confidence Is Gripping China’s Economy https://www.nytimes.com/2023/08/25/business/china-economy-confidence.html China’s economy, which once seemed unstoppable, is plagued by a series of problems, and a growing lack of faith in the future is verging on despair.
of the national debt.Japan: 2021 > 217.614%
https://fred.stlouisfed.org/series/DEBTTLJPA188A
https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124#:~:text=Many%20people%20believe%20that%20much,most%20of%20the%20national%20debt.
Many people believe that much of the U.S. national debt is owed to foreign countries like China and Japan, but the truth is that most of it is owed to Social Security and pension funds right here in the U.S. This means that U.S. citizens own most
On Friday, August 25, 2023 at 3:20:08 PM UTC-4, bmoore wrote:
On Friday, August 25, 2023 at 11:34:38 AM UTC-7, ltlee1 wrote:Not true.
On Friday, August 25, 2023 at 11:57:44 AM UTC-4, bmoore wrote:I guess it all depends on how you measure it. But the truth is still that bashing the US economy and praising China's is silly. Not accurate. I would rather live in the US, wouldn't you?
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:Wrong.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
In term of dollars own, the US is the largest debtor nation. As percentage of GDP, the US debt load
is substantially higher than China's.
The above pages, both from the US Fed Reserve Bank, reported apple to apple comparison.China: 2022 77.097%
https://fred.stlouisfed.org/series/GGGDTACNA188N > >
US: 2022 >120%
https://fred.stlouisfed.org/series/gfdegdq188S
In no way Chinese national debt is much higher than US national debt if compared correctly.
A Crisis of Confidence Is Gripping China’s Economy https://www.nytimes.com/2023/08/25/business/china-economy-confidence.html China’s economy, which once seemed unstoppable, is plagued by a series of problems, and a growing lack of faith in the future is verging on despair.
I don't consider NYTimes a reliable source of happenings in China in general. Feel free to quote the content IF you think the article is exceptional.
On Friday, August 25, 2023 at 3:21:24 PM UTC-7, ltlee1 wrote:
On Friday, August 25, 2023 at 3:20:08 PM UTC-4, bmoore wrote:If you say so. So the Chinese economy is doing great?
On Friday, August 25, 2023 at 11:34:38 AM UTC-7, ltlee1 wrote:Not true.
On Friday, August 25, 2023 at 11:57:44 AM UTC-4, bmoore wrote:I guess it all depends on how you measure it. But the truth is still that bashing the US economy and praising China's is silly. Not accurate. I would rather live in the US, wouldn't you?
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:Wrong.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
In term of dollars own, the US is the largest debtor nation. As percentage of GDP, the US debt load
is substantially higher than China's.
The above pages, both from the US Fed Reserve Bank, reported apple to apple comparison.China: 2022 77.097%
https://fred.stlouisfed.org/series/GGGDTACNA188N > >
US: 2022 >120%
https://fred.stlouisfed.org/series/gfdegdq188S
In no way Chinese national debt is much higher than US national debt if compared correctly.
A Crisis of Confidence Is Gripping China’s Economy https://www.nytimes.com/2023/08/25/business/china-economy-confidence.html
China’s economy, which once seemed unstoppable, is plagued by a series of problems, and a growing lack of faith in the future is verging on despair.
I don't consider NYTimes a reliable source of happenings in China in general. Feel free to quote the content IF you think the article is exceptional.I don't consider anything from the PRC state controlled press to be reliable.
On Saturday, August 26, 2023 at 10:20:04 AM UTC-4, bmoore wrote:
On Friday, August 25, 2023 at 3:21:24 PM UTC-7, ltlee1 wrote:To be honest. I don't know enough to render a conclusion one way or the other.
On Friday, August 25, 2023 at 3:20:08 PM UTC-4, bmoore wrote:If you say so. So the Chinese economy is doing great?
On Friday, August 25, 2023 at 11:34:38 AM UTC-7, ltlee1 wrote:Not true.
On Friday, August 25, 2023 at 11:57:44 AM UTC-4, bmoore wrote:I guess it all depends on how you measure it. But the truth is still that bashing the US economy and praising China's is silly. Not accurate. I would rather live in the US, wouldn't you?
On Monday, August 14, 2023 at 5:09:44 AM UTC-7, ltlee1 wrote:Wrong.
On Sunday, August 13, 2023 at 5:13:32 PM UTC-4, Nomen Nescio wrote:Why focus on the US when the Chinese national debt is much higher?
Learn to support yourself and your family.Can the US government supports itself without borrowing large sum of money from the world?
In term of dollars own, the US is the largest debtor nation. As percentage of GDP, the US debt load
is substantially higher than China's.
The above pages, both from the US Fed Reserve Bank, reported apple to apple comparison.China: 2022 77.097%
https://fred.stlouisfed.org/series/GGGDTACNA188N > >
US: 2022 >120%
https://fred.stlouisfed.org/series/gfdegdq188S
In no way Chinese national debt is much higher than US national debt if compared correctly.
However, western media has yet to provide real evidence to support the shared theme that China's
economy as a whole is in trouble.
A Crisis of Confidence Is Gripping China’s Economy https://www.nytimes.com/2023/08/25/business/china-economy-confidence.html
China’s economy, which once seemed unstoppable, is plagued by a series of problems, and a growing lack of faith in the future is verging on despair.
I don't consider NYTimes a reliable source of happenings in China in general. Feel free to quote the content IF you think the article is exceptional.I don't consider anything from the PRC state controlled press to be reliable.
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