Category Archives: Debt to China

I am more concerned with the nonchalant attitude our Congress and President have, as a whole, toward the matter of debt and doing anything about the spending.  Kicking the can down the road really shouldn't be the only option on the table, but it appears, especially to Democrats, it is!

Very worried. China is owning us and probably will not forgive our debts as we have forgiven debts to us of other countries over decades.

While the thoughts of that much money is beyond my comprehension, and I know our country is in major trouble, it does no good to "worry."  On the contrary, prayer is on my agenda.

It always worries me.

 I understood that China stopped buying our debt before Christmas.  Amazing that it wasn't newsworthy then.  Who's funding our debt now?

This huge debt does worry me. With few of us understanding how interest can eat up the taxes we pay to the government, there is little movement to take the debt crisis as a crisis.  We are dealing with numbers that are beyond our minds ability to grasp and so the average citizen ignores it…

Not only does China own $1.3 Trillion of U.S. debt, it has been purchasing American farmland, real estate, food producers and substantial interests in our energy reserves.  One example reported in My San Antonio of October 12, 2010 reads: “HOUSTON - State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South…

I suppose some think 1 out of 17 trillion isn’t bad.  Worried?  Yep!  I don’t speak Chinese!