Chinease Debt Trap for Neighbours

[Storm Force]

A USA business vedio

ANY COMMENTS WELCOME

 

[maximuswarrior]

A big middle finger to USA. Burning like a little bitch.

LOL this propaganda has failed to muster any support. OBOR project is on course.

How much debt does the US owe to China?

 

[PakSarzameen5823]

Hahaha hey @Beast look at this, there's a whole channel dedicated to anti-Chinese propaganda. Lol.

 

[maximuswarrior]

Hahaha hey @Beast look at this, there's a whole channel dedicated to anti-Chinese propaganda. Lol.

LOL these Americans are sweating like a pig. They owe trillions worth of debt and are only good at waging wars and hating. Look at who they elected as their president LOL a fvcking clown.

China is quietly building its economy and also benefiting others in the process.

LOL look at how desperate these Americans have become. They are pleading and begging nations to stop cooperation with China. It is beyond hilarious.

 

[khansaheeb]

The only country in a real debt to China is the USA:-

How much interest per month is America paying to China on the debt?


5 Answers

Bryan Pereyo, CEO & Founder (2011-present)
Answered Aug 26



When Rep. J. Randy Forbes voted against the budget compromise between President Barack Obama and Republican leaders earlier this month, he said the measure did not do enough to cut the nation’s debt.

Forbes, R-4th, said failure to address the nation’s borrowing weakens the United States and strengthens China, the largest foreign holder of U.S. debt. The representative is chairman of the Congressional China Caucus and often discusses that nation’s growing military power.

"Each day our nation pays communist China $73.9 million in interest on our debt, money that is allowing them to aggressively modernize their military and increase their global influence," Forbes said in an April 14 press release.

Forbes’ number -- $73.9 million a day in interest payments to China -- left our heads spinning. We set out to see if it was right.

First, a little background. The total federal debt, as of April 22, was $14.29 trillion. Of that amount, about $9.65 trillion is called public debt, which refers to all federal securities held by institutions and individuals outside the U.S. government. That includes China and other foreign nations.

The remaining debt -- about $4.64 trillion -- is held by the Federal Financing Bank, U.S. government trust funds, and other federal funds and accounts. The largest trust fund is the one that endows Social Security.

Our discussion and calculations for this fact check, as well as Forbes’, are based on the public debt.

China buys U.S. Treasury bonds in public auctions, the same way other nations and investment companies purchase our debt.

The Treasury Department said that as of February 2011, China, along with Chinese companies and investment groups, held $1.15 trillion in U.S. debt. Japan was the second-largest foreign holder, at $890.3 billion, with Great Britain third at $295.5 billion. In total, about $3.16 trillion of the U.S. public debt, or 33 percent, is held overseas. The rest is owned by Americans.

Because American debt has long been considered one of the safest investments in the world, the government can borrow money at very low costs, paying less than 2 percent average annual interest on its debt during the past decade.

In fiscal 2010, which ended Sept. 30, the federal government spent $197 billion on interest payments for public debt, according to the Congressional Budget Office. If we divide that by 365 days, we reach an average daily interest payment of $539,726,027. Because the Treasury doesn’t make payments on weekends or holidays, and because debt payments vary depending on when a Treasury note was issued, the actual daily number was probably never that exact amount.

On Sept. 30, 2010, China held about 12.8 percent of the U.S. public debt. If we assume China got 12.8 percent of our interest payments, it would have received roughly $68.9 million per day during fiscal 2010.

Forbes based his comments on fiscal 2011, in which the CBO estimates the government will spend $225 billion, or $616,438,356 per day, on interest payments. China held 12.1 percent of public debt at the end of February. So if the 2011 estimates hold and China holds the same proportion of debt throughout the year, it would receive about $74.4 million per day.

Forbes made his calculations with the March 16 public debt figures. That explains the $500,000 difference between his calculation and ours.

We don’t know the exact mix of debt held by China. If the debt owned there is primarily short-term bonds, then the interest rates would be lower. If China mostly holds 10-year or 30-year bonds, it would stand to receive higher payments. Our calculations, and those by Forbes, assume China’s debt holdings mirror the larger pool of U.S. debt.

The 10 Countries With the Most Debt
Country GDP (2010 est., USD) Debt as Percent of GDP (2010 est.)
United States $14.6 trillion 92.7
China $5.7 trillion 19.1
Japan $5.4 trillion 225.9
Germany $3.3 trillion 75.3

 

[Beast]

A big middle finger to USA. Burning like a little bitch.

LOL this propaganda has failed to muster any support. OBOR project is on course.

How much debt does the US owe to China?

From a sourgraped Indian poster. What do we expect?

Indian and US are not in the same level of technology but when comes to spreading fake news. Both stand hand in hand and same level.

 

[XTQ1999]

LOL these Americans are sweating like a pig. They owe trillions worth of debt and are only good at waging wars and hating. Look at who they elected as their president LOL a fvcking clown.

China is quietly building its economy and also benefiting others in the process.

LOL look at how desperate these Americans have become. They are pleading and begging nations to stop cooperation with China. It is beyond hilarious.

so how do you address the fact that your country pays high interest rates, has given control of territory due to inability to pay back the loans, and now having to rely on IMF to bail the country out of its debt trap?

From a sourgraped Indian poster. What do we expect?

Indian and US are not in the same level of technology but when comes to spreading fake news. Both stand hand in hand and same level.

This comes from a guy from a country that actively suppresses Tiananmen Massacre, but that must be more American and Indian fake news.

 

[Beast]

so how do you address the fact that your country pays high interest rates, has given control of territory due to inability to pay back the loans, and now having to rely on IMF to bail the country out of its debt trap?



This comes from a guy from a country that actively suppresses Tiananmen Massacre, but that must be more American and Indian fake news.

Lol.. first did China point a gun at the country to force then take up a loan? Second, the interest rate in fact is lower than western countries provided. Third, if a borrower country mismanaged and corrupt officer take away all the money and their investment failed. Do u blame loaner or the borrower? Sometimes, I really hope China really take over the country and we will show them how to manage a country well in economy and infrastructure.

Lastly, this video is made by a country who just pardon a prince who chopped a citizen without trial and goes scottfree.. but brag about human right and freedom. More or less tells u this people are not fit to criticise others when they have flipped flop policy which do things to suit themselves only...

 

[MBT 3000]

lol

Lol.. first did China point a gun at the country to force then take up a loan? Second, the interest rate in fact is lower than western countries provided. Third, if a borrower country mismanaged and corrupt officer take away all the money and their investment failed. Do u blame loaner or the borrower? Sometimes, I really hope China really take over the country and we will show them how to manage a country well in economy and infrastructure.

Lastly, this video is made by a country who just pardon a prince who chopped a citizen without trial and goes scottfree.. but brag about human right and freedom. More or less tells u this people are not fit to criticise others when they have flipped flop policy which do things to suit themselves only...

china uncesnored is run by saudis? doubt that

think some other yankee lovers make that shit

 

[艹艹艹]

Hahaha hey @Beast look at this, there's a whole channel dedicated to anti-Chinese propaganda. Lol.

"China collapse theory", "China threat theory", "Chinese debt trap"......
We're used to it