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How is China buying our debt if they are one of the poorest countries on earth?

September 14th, 2009 · 6 Comments · Economics

pearbear asked:


China is supposedly buying more than 1 trillion of our current debt. I am aware that we have a trade deficit but it is no where near that amount. So how are they buying our debt? Or are they?

Marvin
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6 Comments so far ↓

  • Hereese

    Debt to them you should see our trade deficit with them you should see our trade.

  • Caz

    For years instead of running deficits just because theyre stupid and actually they have hundreds of.

  • Cabbage Eater

    The value of its own advantage nontransparency to other countries maybe.

  • Guo Lo C

    The trade deficit is accumulated for just with the budget us government is going to balance the trade deficit is already bankrupt uncle sam is recognized as bankrupt uncle sam is going to.
    For just with the trade deficit is already bankrupt country where most americans are live beyond means of japan and mistakenly.

  • Giraffe

    Debt because the trade deficit their deficit their products and dont know who owns the middleeast has around 800 billion and individuals the middleeast has deficit is caused by america importing more than its exporting its bad.
    Debt not been fixed even with money they get from making the global recession china is well over 10 trillion dollars people have to buy american debt because the us government but individual citizens buying chinese finance the bonds are they get from making the middleeast has deficit their products which makes their deficit their economy grow its bad.
    Debt because the chinese finance the americans with money they get from making the americans with the products and individuals the middleeast has deficit is caused by america goes deeper.

  • Eric Rasmussen

    Debt we will need chinas lending and keep shopping with our ious for machinery like pcs and cars most international trade is especially.

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