…economy of usa will burst and collapse. stock market will crash, creditors will be calling in their monies etc. however, it will still somehow benefit only a limited number of corporations with forex interest and right investments overseas.

moreover, acceptable level is a very subjective term.

I really don’t see much of a problem with a devalued dollar. It makes U.S. companies more competitive abroad, which will create revenue and more jobs in the U.S. That’s why China’s not happy now; we’re cutting into their profit margins. They’ve been doing the same thing for years, so why not us? Also, we shouldn’t be worried about the debt. There are 19 pretty developed nations with more debt as a % of GDP than us and they’re fine. Australia has like 1300% debt and their economy is great.

the host makes himself sound like an angry moron. he shows personal biasness that seaps into the media-propaganda-mind-control system like a poison. no wonder they say most americans are blinded and manipulated easily. just change the broadcaster and you can change the nation. is that how you call ‘professionalism’ in a country that boasts ‘free speech’?

You obviously don’t know what you’re talking about. Running a country is like running a business, you have overheads. Stuff you have to pay no matter what like security, infrastructure, etc. Stop spending so much? Easier said than done. Especially when you want to maintain your position as leader in certain areas

Every time the US prints out a new batch of money, the value of the dollar drops and you are subject to inflation. You are not resilient economically. You caused the financial crisis

china can pull the plug on yanks anytime and call in its loans. but china won’t do it anytime soon. why? my conjecture is: it won’t do any good to china as their ‘per capita’ income is still not at a comfortable level so if shit happens, many mouths will go dry in the mainland. also, china is really not as power crazy as its debtor the yanks who always use sinister ways to control other people. the world is still in check thanks to china. remember, china has always been a defensive empire…

china’s economy is already a few times over that of yanks’ as we speak, but per capita is still far behind due to her being the home to the largest population count on earth. so i read on a dowjones journalist’s site.
however i’m not too surprised at all. look around you. the world is literally ‘made in china’.

If China stops financing our debt, then we either stop spending so much or we print our money making our debt shrink. Either way we just start over. We are the envy of the world, especially China, because we are so resilient economically. China has a huge population to feed and worry about, while we do not. The grass is definitely greener on our side.

The numbers are from us treasury department!

We have a real problem here…….

economically speaking both the US and China have a fianancial relationship that is akin to two vipers wrapped around each other with their heads staring eye to eye with each other in striking position……….

That is an extremely shortsighted view. If China does that, the Chinese currency skyrockets and their products won’t sell in the U.S., resulting in millions of job losses in China, so China would be screwing themselves. I don’t think the general public understands debt and how it works. The media and politicians play on the public’s ignorance on this topic. We’ve been borrowing forever and the percentage of debt to our GNP isn’t much worse than we’ve had over the last 50 years.

Search for CBO PROVES DEBT

thats why i said “eat the bullet”? Of course it would really hurt china, but not nearly as bad as it would the US. Less dramatically, just stop lending the US money…that will screw them over big too.

The US dollar is like worth shit right now…china knows it, as does the whole world. The only reason the dollar is still “surviving” is because of china stopping its collapse….funding the US debt. Don’t be surprised if other major countries start dumping the dollar though.