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Originally Posted by Relish XXX
You also have the largest debt growth rate ever. Anyone who has less than $225bn debt is richer than you.
What is it like to have communists like China buying up all your assetts and enabling US citizens to get morgages?
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Carrying debt is of little import as long as ones income growth exceeds (or at a minimum maintains a proportionate level) the growth of debt...which is the current financial position of the US. In past history the US has carried...relatively speaking...a larger debt compared to income...than it currently carries. In addition the current national debt can easily be payed off within any Presidents term...with relative ease...if he/she and the Congress so choose.
As for China...as well as any other nation...they apparently know a good investment when they see one.
to them.