On Mon, 18 Jul 2016 14:11:01 +0300 Georgi Guninski <guninski@guninski.com> wrote:
Who owns merica's debt? (And the chinese involvement)
This was intended as reply to juan's reply, but deserves another thread.
juan claimed the chinese are against 'merica.
Not exactly. I am well aware that the chinese oligarchs are in bed with western oligarchs to...various extents. I said it would be a good thing if russia/china opposed the US, but it's not something that's happening to any serious degree, I'd say.
i thought that the chinese are the main 'merica public debt creditor,
Which means that the working chinese have been forced by their own government to finance the americunt-wall-street financial mafia. Good for goldman-sachs. Bad for Mr. Li.
but can't find reference for this on the interwebz.
Partial results:
CNN [sic] http://money.cnn.com/2016/05/10/news/economy/us-debt-ownership/ | Who owns America's debt?
| Donald Trump says he can "make a deal" on America's debt.
| Last week, he implied that he could negotiate with America's creditors to get them to accept a lower rate of repayment, such as 85 cents for every dollar.
| The top holder by far is U.S. citizens and American entities, such as state and local governments, pension funds, mutual funds, and the Federal Reserve. Together they own the vast majority -- 67.5% -- of the debt.
Governments 'lending' money to themselves, which seems pretty absurd, simply means that they keep printing billions out of thin air. Need money? Just print it! Isn't socialized banking amazing.
| China's share of the debt is sizable -- about 7% -- but it's hardly the largest holder of U.S. government bonds.
What do you expect from 'mericuns? They are creditors of themselves, lol. And they "negotiate" paying less...
Yeah, all creditors are equal, but some creditors are more equal than others. Some creditors are going to lose more than others...
Though the chinese give mericuns virtual money, they don't mind stealing from them:
http://www.theregister.co.uk/2016/07/15/hacker_gets_46_months_cooler_time_fo...
| Chinese national Su Bin has been sentenced to 46 months jail after admitting his role in stealing information on the Lockheed F-22 and F-35 aircraft, along with Boeing's C-17 cargo plane.
Stealing from the biggest thieves on the world? =)
| The hacker admitted reports detailing the stolen data were sent to the Chinese People’s Liberation Army General Staff Headquarters.