We owe China money, right? Why don't we (USA) offer straight out transfer deals of oil from the USA (Texas is still in the USA, right
) straight to China and reduce the national debt at the same time.
Just take all of the taxes and middle men out of the deal to make it work.
Quote:
China finally surpassed the United States as the top global importer of crude oil. China finally surpassed the United States as the top global importer of crude oil. May 2015
China imported an average of 6.1 million barrels of oil a day. Of that, more than 52 percent — or 3.2 million barrels — came from countries such as Saudi Arabia, Iran, and Iraq.
In other words, despite years of effort to source more energy from places like Africa, Latin America, Central Asia, and Russia, China gets more oil today from the Middle East than all the oil it imported just a few years ago.
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http://foreignpolicy.com/2015/05/11/...ast-opec-sloc/