You don't think that maybe they're trying to get over here for the same reason they always have, Deuce? That the US is a better place to live than China?
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Originally Posted by Tchoky
If I owe you a billion dollars, I got a problem.
If I owe you a trillion dolars, you got a problem.
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Indeed. And China has more problems than that, at least for the moment. China is reliant on the US as a market to sell its goods. That's why they invest so heavily in us, not because they think they can get even partial ownership of the country by lending us money. One day, however, their standard of living will improve to the point that the Chinese economy shifts out of manufacturing and more into service and finance. If we're not well ahead of where we are at the moment, they will replace us as the world's preminent monopsony, and our economy may well start heading back to manufacturing.