The U.S. budget deficit is financed by borrowing. More and more of that money comes from China, now the United States' second-largest lender, after Japan. China's investment in U.S. government debt has more than tripled in the past five years, from $71 billion in 2000 to $242 billion in 2005.
My question is; what are they using for collateral, the future labor of its citizens?
| Member Comments |
 |
 |
||
My name is Douglas Chick, author, computer engineer, and creator of www.TheNetworkAdministrat
or.com a popular website for computer people.
Member Since: 1/25/2008
Terms of Service | Privacy Policy | Blogging Policy | Feedback | Jobs | TV Ratings | Advertise with Us | News Corp
News | Weather | Traffic | Sports | Business | Entertainment | Health | Blogs | Metro
_____________ | About Us | Good Day | TV Listings | Contact Us
Many pages in this Fox Television Stations, Inc. web site feature links to other sites, some of which are operated by companies unrelated to Fox Television Stations, Inc. Fox Television Stations, Inc. has no control over the content or availability of any linked site.
TM and (c) 2008 Fox Television Stations, Inc., and its related entities. All rights reserved. Any reproduction, duplication, or distribution in any form is expressly prohibited
Powered by Fox Interactive Media
