Internal Quantitative Easing?
LOTS of Pollution can’t be helping much either
I have been seeing signs off an on for several years that Chinese debt and fiscal hanky-panky were ticking time bombs. I wonder if they will go off before China launches its military bid for supremacy in Asia and the West Pac.
Trade is exactly the problem, from the perspective of America.
We are currently running the largest trade deficit in the history of the entire planet, bilaterally with China.
Right now.
https://www.census.gov/foreign-trade/balance/c5700.html
We have been told for years that China was holding a mountain of US debt. What’s going on??
Trump has a full house and Xi has a pair of twos.
Go ahead, keep playing!
Last I checked we had a mountain of debt too
Odd that ABC Australia would run this story and ignore their own previous story:
http://www.abc.net.au/news/2018-08-16/tonga-leads-pacific-call-for-china-to-forgive-debts/10124792
that discusses the loans China is making all over the W Pacific and SE Asia.
China is borrowing massive sums in order to fuel it’s colonization efforts all over the world. Check this out:
China lends money to coastal countries from Montenegro to Fiji to Sri Lanka to Djibouti that they can never repay. These countries have very small economies, too small to get big money from the IMF, to build up their seaports, supposedly to increase shipping and trade.
The countries default and China takes over their port for a new Chinese naval base.
Everyone needs to understand that China has long term goals to dominate the world, no kidding, it is happening.