Comments on: What can the United States do to reduce its debt to China?

By: danny

danny — Wed, 27 Jan 2010 01:57:41 +0000

we are americans,we are the youngest country, the most powerful country . and the reason why is we dont give up. we start new bussiness, if we would stop forine trades and bring our factorys back to the states as our four fathers have. we would not have a debt. we have forgotten how to do for ourselves we have grown dependent on forine trade untile we get off our couches and turn our tvs off, get out their and sweat and build something out of nothing. then we two can make america strong as our four fathers have in the past.

By: Chri$ Iz a $pazz

Chri$ Iz a $pazz — Mon, 25 Jan 2010 10:52:39 +0000

Well the reason that we’re in this much debt, is because we Americans have been treating life like a Chinese Restaurant. For example, while they work and cook our food, we over indulge on their products. In the end, we hand a well structured check to them in hopes that we can sometime redeem that money. Only problem is, we’ve been losing money, not gaining.

Looking at the unfortunate circumstances we’ve unawaringly thrown ourselves into, we could do a few things to fix this. I’m sure there’s more, but these are just off the top of my head:

-Send volunteered United States Citizens over to China to work off the debt. At least in hopes that they could also provide for themselves. Lol, I wonder how many of those we’ll have.

-Clear every Wal-Mart off the face of the earth. Considering that a majority of their products are bought directly from China.

-Temporarily close all imports/exports from China so we’re not increasing our debt. (Unless they put interest on this crap, lol. Doubt it though.)

-Pay them back in full and pray to God that our economy doesn’t collapse.

-Assist in the creation of World War III by nuking them off the map. (Not a favored solution).

See, there’s not really much that we can do to ultimately end ALL debt in China. The last two solutions were obviously unethical. You can thank Bush and his administration for that. At least I gave you some options to consider.

Hope this helps.

By: allperils2050

allperils2050 — Sun, 24 Jan 2010 04:13:42 +0000

Dear Americans,

Before you point your fingers and rude remarks at China, ask yourself.

Why is the USA spending 185%? The American government spends twice as much as it brings in. How is that ever sustainable? Is it China’s problem that you wage costly wars overseas?

Is it China’s problem Americans like to live “fake” lifestyles? and constantly Keeping up with the Joneses?

China’s helping America by lending you money. Yet you bash us.

China’s not sitting on those US dollars, our government is spending it on resources and assets. We know you are printing money 24-7, you are not honoring your word to keep our investments safe. You are diluting your money every second.

Yes Americans, you are always right, everyone else is always wrong.

By: RT

RT — Fri, 22 Jan 2010 03:25:32 +0000

First thing to go would be our controlling interest in certain parts of the world… China would simply take over the developmental policy decisions in areas where they would be inclined to do so…

next would be our pacific islands like Guam and the many others

we will continue to do things like “cash for clunkers” where all of the scrap metal (from crushing the old cars) is sent directly to china and passing “cap and trade” bills where it insures the suspension of meaningful production in america, and the contracts (from around the world) will go to china…. items like steel, cars, excavating machinery, ect…

and of course we will be giving them many military secrets and sharing more and more intelligence…

or there will be a war

By: William

William — Thu, 21 Jan 2010 06:17:02 +0000

Recall the stimulus packages.

By: Nunya Bidness

Nunya Bidness — Wed, 20 Jan 2010 14:12:16 +0000

Reduce the size of government and cut taxes. Encourage growth by giving tax breaks to those that hire people. The increase in tax revenues would be more than Washington would know what to do with.

a.k.a. Conservatism

By: doinou

doinou — Tue, 19 Jan 2010 13:41:11 +0000

I’m not sure we can.

By: QuiteNewHere

QuiteNewHere — Sun, 17 Jan 2010 09:34:14 +0000

pay it back with all the clunkers it is collecting from the cash for clunkers movement (they melt it for steel, aluminum, etc and resell more stuff back

make everybody write IOU’s

By: Grscraps

Grscraps — Sat, 16 Jan 2010 06:00:38 +0000

The point of it was to continue to let multi-national corporations make money by exporting jobs overseas, to China. The way to pay it back is to raise tariffs on imports.

By: Herald

Herald — Wed, 13 Jan 2010 11:48:48 +0000

Might as well trade it in for a lot of F-22 Raptors at this point, given that we are not going to purchase them for ourselves or sell them to our allies. It is the same thing for all intents and purposes. While we are at it, we may as well off a couple of carrier groups to them, too.