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Old 2016-07-17, 11:54   Link #55
kyp275
Meh
 
 
Join Date: Feb 2008
Quote:
Originally Posted by Brother Coa View Post
China is not Russia, China is worlds second economy that produces some 80% of all world goods and holds the majority of USA debt.
China does not in fact owns the majority of USA debt, that would be the US itself:

http://money.cnn.com/2016/05/10/news...ebt-ownership/

US owns 67.5% of its own debt @ $12.9 trillion, while China owns 7% of the debt @ $1.3 trillion.

7% is very far away from being a majority of anything.

Quote:
Originally Posted by Brother Coa View Post
And time is on their side seeing how UN, USA and Europe global powers are getting weaker and weaker each year while states like Brasil and South Africa grow in power each year.
Brazil? really? Brazil?
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