Quote:
Originally posted by Rich76_911s
Also, Americans make up 20% of the purchasing power of the world. Without us China loses 1/5 (or more) of all its income. They need to keep buying our debt, because if they stop then they lose that income. China sustains life off of the money we spend. If Americans were smarter consumers we do not "need" China to survive. So do not sell out America just yet, we did just borrow at between 1 and 5%, if you have to go into debt America just picked one of the best times in history.
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