China's secret? It owes Americans nearly $1 trillion (This is not a typo)

Mcclatchy ^ | 05/21/2012 | Richard Parker

[a fool in paradise]

Global Communists colonize nations and fuel insurgencies and the Left is cool with that.

Saudi Arabia’s theocratic government colonizes nations and fuels Islamist insurgencies and the Left is cool with that.

The talk of “anti-colonialism” was anti-WESTERNISM.

They love Third World dictatorships.

[<1/1,000,000th%]

Carter recognized Taiwan as part of Communist China back in the 70’s at the demand of the Chinese.

Nowhere to point.

[RJL]

Beware, McClatchy is politically left of Obama, they published this to help Obama in some way. Count on it.

[BenLurkin]

I guaranty you you...the ChiComs consider all that debt to have been “forgiven”.

[ravager]

We already ignored it long time back.

[ravager]

And those aren’t just a factory, they are a huge amount of American investor money.

[ravager]

To be honest, China didn't not create this debt. WE did.

Its important to understand what it means to live within ones means. Cuz if you don't, then there consequences. There is no easy way out of this debt if that's what you are looking for. Chinese aren't fools to lend out so much money without holding something in co-lateral, so that one we can simply walk away from this debt. The only way out of this debt is to cut spending and make our economy grow at over 7-8% of the GDP.

[huldah1776]

So, Communist Amerika will never honor any pre-Communist obligations, either. No worries! :)