Do any of you know how much money China loans the USA a day?
 

They cut way back about 6 or 7 months ago (and wow look at us now), but I'm curious to know if any of you really know how much they keep the USA afloat.

Any guessers? It was a really big number.

The funny thing is, they actually borrow the money (that they don't even need) from the World Bank and use it to buy up American companies and bonds. Then they use their huge stockpile of money for themselves. Smart fucking people.

You guys are no fun.

They dump usually over a BILLION dollars a DAY into US Treasury notes.

And if the USD weakens too much and China trades it's dollars for a stronger currency, you have any idea what is going to happen?

I'm wondering why nobody is talking about China during any of this crisis?

Don't we owe them about 500 Billion. I wonder what interest rate they are charging us.

If they do that, then gazillions of their US assets will become worthless, which isn't exactly good outcome for them either...

If they do that, we stop buying their shitty products and they no longer have money

We are all truly connected at the hip...

It's kinda f'ing wonderful really when you think about it LOL

"When America sneezes the world gets a cold."

Kind of minimizes how much they can cheer for our downfall. ;-)

TJ

But I thought that according to videos posted here and such that money is just created from nothing anyways and we print as much as we need so in reality they are loaning us nothing er wait it comes from the world bank first?

Ok will some conspiracy person please explain it all so it makes sense again?

Ever heard of world outside US? :winkwink:

We do buy the largest chunk of shit.
Plus well when we officially get killed economic wise that also would mean many countries that have not had to pay for a military would then need to start doing so. You know cause China and well Jihadists will still be around. Pretty sure that may eat up lots of money for those countries.

Where is your avatar mr cool ice??

The 'We' in printing money isn't exactly true.
The federal reserve prints money and loans it.
Since it's loaned with interest, and there is never enough money to re-pay it all, the country is insolvant. It's enslaved.

They get some back through taxes (pretty much all of income tax goes to paying interest), so it keeps the currency a little bit stronger.

Bankers are the rulers of the world.

Last I heard it was about 1 trillion dollars that the US borrowed from China. This was before the bailout was going around, so its probably going up.
WG

china is not always the cheapest place to get stuff made but at least when you tell them to do something they do it and once done they get you on a confrence call, here when you ask companies to do something they want to give you flow charts and presentations and have 500 hours of confrence calls and when you finally go ahead and tell them lets make it happen they either take forever or they post up in alibaba and get it done in china anyway.

BTW After Shock Media what I was talking about was the conspiracy theory... I haven't been able to verify all the facts.

Ya I figured that. It is not based on real facts but twisted information and using peoples lack of knowledge on economics and civics. They do a good job at it though.

auch... that is fucked up!

Not if they sell it first.

It only becomes worthless to them IF they are not on the ball.

Yup.

It's around 1.4 or 1.5 TRILLION dollars.

They dump over 1 BILLION dollars a day into us, then with Japan, EU and yes even Russia, the US totals out a OVER 2 BILLION dollars a day just to keep the economy afloat.

Now, I'm not a major in economics but if you put it into simple terms, if you have a 2 billion dollar a day crack habit and you are already in the hole to just one of your drug deals for over 1.4 trillion dollars, no matter what you do to try to kick your habit and get back on to of the game is no gonna work. You're gonna go down.

There is simply to way, bailout package or not, that the USA can continue at this speed. It doesn't matter how many banks close, who buys what, who federalizes this or that and who cuts back spending, we STILL have to borrow that much money EVERY DAY just to survive as a country.

How can anyone get out of such a hole?

Considering that the World Bank loans just about every country in the world who can repay it money, there is truth to that.

What do you think would happen if the World Bank stopped loaning billions and billions of dollars to these countries every day?

Banks function on different levels. Your little local bank may loan you money for your cars, your house(s) and maybe even a business loan here and there. And if you can't make your payment, they own whatever they loaned you the money for or you put up against the loan.

So with that in mind, what do you think the World Bank has to protect itself if these countries refuse to pay them back the billions and billions of dollars they borrow from them? You don't think they have some dick swinging power? Anyone who thinks otherwise is fooling themselves. If your local bank will snatch up your 500k plot of land with a wooden box on it if you are a few months late on your payment, imagine what the World Bank can leverage on your ass if you are say France and you don't pay up on a trillion Euros?

Dead wrong.

China is super wealthy without us. Plus there is all the rest of the world that buys their crap.

Thats a fact......

https://www.cia.gov/library/publicat.../2187rank.html

But most expect China and India growth to suffer because of the downturn in the USA economy, which is obviously being borne out. The extent of the so called "decoupling" has been shown to be untrue though analysts say that the next time the USA reaches a crisis, its likely that it will have an decreasing affect upon growth in Asia because those economies are now expanding into other lucrative markets.

Its the same principle as when the USA banned online gaming, for a while the market sunk but as time moved along the gaming companies shifted there ad dollars to other markets and are recovering..... in this way its feasible that a global economy can (over many years, probably over a decade) develop outside of the USA.

That also ignores the fact that the US is not capable of supplying all the consumer products that the average American demands and if by some kind of miracle they could, few would then be able to afford them anyway.

A lot of people have no idea just how much cheaper manufacturing in the Far East is and how high prices would go were their electricals to be homegrown.

As someone else said China is also MUCH easier to deal with when you're having products manufactured. You simply have to watch them closely and QA properly because they can and do take shortcuts if they think they can get away with it.

China holds 1.3 trillion in US $ and can bring down the USD in less than an hour

only until we decide they aren't anymore :2 cents:

:thumbsup :(:(:(

lol... so fucking true

How I see it is, the only way that is going to happen is if we start buying up gold and items of actual value, not the paper dollar or any other currency these bankers have proposed us.

The only way we can truly be free from them is not relying on their currencies, and go back to a much simpler style of living... Where our wealth is measured on what we have, not the amount of money we have in the banks.

I could be wrong but that seems like how they can enslave all of us. We are all living off of this currency they've proposed and until we break free from it, they will ultimately control us.
:2 cents:

And how much foreign aid has the US given China? What % of their garbage products are bought by Americans. Really, if it wasn't for America, China would be no where to near to where it is today. If America fell, China wouldn't be too far behind. They owe what they have to the US.

That may be one of the dumbest posts ever on GFY, and probably from someone who has never even been to China.

China is a fucking powerhouse. THEY loan US. Yea, we buy their shit but WE do not loan THEM money.

They use money from the World Bank to buy us. China has their own money to take care of China. How do you think it has experienced this growth?

If the USA fell tomorrow, China would get a knee scuffed up but would be back out on the playground the next day taking lunch money from the other kids. The Chinese do not live like Americans and do not require the constant borrowing from others to live. They would be fine without the USA.

The entire world is gonna take a small hit with this USA mess but it's not going to bring China crashing down.

Asia in general is going to be just fine if America falls on its ass.

It's a pyramid scheme.

Mass immigration since 2001 is about paying off government debt, consumer debt, and retirement obligations.

No more suckers = financial collapse.

Reforms? What is a reform? The word has disappeared from the vocabulary in Washington DC and NYC.

Yes sir.

Was watching Fox tonight they had a show breaking down what's going on. Had one professor saying this is the SIXTH time this has happened to the USA!!!! We never learn.

The only thing we learn from history is... we never learn from history. Someone great said that I know, but don't know who it was.

Education? Health care? Banking? Military?

The system is so perfect, why even consider reforms?

Overpriced health care, poor education, out of control military expenses, massive financial fraud.

Crime? Pensions? Energy? Corruption?

:1orglaugh:1orglaugh:1orglaugh
Oh fuck not another China fanboy

Ask yourself what happens if Chinas growth slows down by only 3%-4% a year?

I'll tell you what happens. Tens of millions of migrants can't find work or feed themselves and riots erupt across the country.

Add in their banking mess which is going to make the U.S. crisis look minor and China is primed for a major crisis.

http://www.associatedcontent.com/art...collapsed.html

:)

IF, IF, IF, IF... If shit. China is booming and the USA IS falling right now. That's all that matters.

Riots are not going to start there. Tens of millions already live in poverty. This isn't about the people, this is about the country. You shouldn't confuse the two. The only difference between China and the USA when it comes to the people is, in China they just don't care about them. CHINA is in charge, not the Chinese people. In the USA they will fuck the peoples ass until the end of time and the people will love it and ask for more.

It will be interesting to see how long the US economy will continue to run on air...

China just host A Olympic world event, and how much that cost. Trillions of dollars

Agreed....... asia will be fine but there is going to be an impact.

I agree to that too. Collapse of US will must leave an impact worldwide, but thinking an economy of the size of China will collapse is idiotic. People can survive without people, countries can survive without countries.

China is the world's factory, and US is not its only consumer.

Quoted for those that seem to forget there's a huge world outside of the US border and they buy cheap crap too.

you mean america stops outsourcing cheap manufacturing to china? i'm sure companies will hope all over that. i guess they'll just move their shit to the philipines or some other cheap asian country....

Wow my god. That is one of the stupidest posts I have seen on GFY, and there a lot of competition for stupid posts ;)

China is positioned to become the next world superpower and possibly even the dominant world economy. I am glad as hell I took Chinese instead of French or German in school because I see it being very useful in the coming decade.

Enough to destroy the US economy if they so choose. If China wants to they can launch a nuclear financial crises by selling on the US T Bonds and then dumping the US Dollars in which they trade.
If that were to happen the US Dollar would be worth shit and I am sure the people in the US Treasury are worried and had a few calls with China since the meltdown to calm them down and stop this from happening.
The US is not such a financial or world wide powerhouse that everyone in the US thinks due to the propaganda that is pushed by the politicians.
Believe me that if China wants to they can tell Bush to suck and swallow and he will have no choice but to do that and then tell the Chinese leaders that their cum tastes great because they have the US by the balls.

That pretty much sums it all up nice.

Then all the trolls wandering around malls picking up cheap goods will have to sit and think about why the US got itself into this shit hole.

Worth posting again. Aren't you glad you can buy a DVD player for $50? The real cost is of course a lot higher.

I've read in numerous sources that they are giving us like a billion dollars a day... ridiculous.
Like the current "Bailout" money... anyone know where that actually goes?