According to this article China owes almost $1 trillion dollars in sovereign bonds they sold on US soil, but apparently China feels they can selectively re-pay them.
It comes as no surprise to me these people have re-niged on their obligation for almost 60 years now. I just wonder why this information has not been plastered all over the internet to ease the American public nerves.
We got Americans out there that actually "think" we owe China, when really they have OWED the US for over 60 years! Apparently when China is confronted with their obligations they throw temper-tantrums. Sounds like the China I have always known!
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What is to give light must endure burning -- Viktor Frankl
It must have been a great interest rate & small-loan to start with after all-this-time...
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
