International West Europe is in a World of troubles (debt; graph included)

[milenss]

West Europe is in a World of troubles because of its debt. USA owns most of its debt. That's not the case for the West European countries which are heading to a disaster with its idiotic policy (of feeding foreign citizens with its money). It's a big burden that's already on the back of the so-called "developed countries".

 

[LHWBelt]

West Europe is in a World of troubles because of its debt. USA owns most of its debt. That's not the case for the West European countries which are heading to a disaster with its idiotic policy (of feeding foreign citizens with its money). It's a big burden that's already on the back of the so-called "developed countries".

Who isn't in debt?

 

[Phr3121]

West Europe is in a World of troubles because of its debt. USA owns most of its debt. That's not the case for the West European countries which are heading to a disaster with its idiotic policy (of feeding foreign citizens with its money). It's a big burden that's already on the back of the so-called "developed countries".

...and China owns the U.S. debt. Europe is really falling apart in so many ways. The influx of immigrants, the military, and the European Union. Not sure Germany and France will recover itself to its 'glory' days.

 

[Rholk]

...and China owns the U.S. debt.

Eh?

 

[milenss]

Who isn't in debt?

me. 0 debt. has always been like that.

 

[VivaRevolution]

Who isn't in debt?

Well money is debt, so people who own gold.

 

[Phr3121]

Eh?

"As of September 2014, foreigners owned $6.06 trillion of U.S. debt, or approximately 47 percent of the debt held by the public of $12.8 trillion and 34 percent of the total debt of $17.8 trillion. As of 2018, the largest holders were China, Japan, Ireland, and Brazil."

 

[JabToucher]

At least there's nothing but positivity on the diversity front

 

[JonesBones]

I hope Soros profits off it.



now THAT is a big short. respect. When you are confident in something, go fucking big he says.

 

[LHWBelt]

me. 0 debt. has always been like that.

Do you have a house? If you do i doubt you paid straight cash for it so you probably owe thus your in debt. Not credit card debt but debt none the less.

 

[Unknown Pleasures]

Such deep analysis. Didn't know we had so many macroeconomics experts here.

 

[JonesBones]

"As of September 2014, foreigners owned $6.06 trillion of U.S. debt, or approximately 47 percent of the debt held by the public of $12.8 trillion and 34 percent of the total debt of $17.8 trillion. As of 2018, the largest holders were China, Japan, Ireland, and Brazil."

So Americans actually own most US debt. The majority. If this was a company we would be majority shareholders. Yet you claim we are owned by China...

 

[JonesBones]

Well money is debt, so people who own gold.

The dollar has been killing Gold. Fuck gold.

--‘Billions’ gets in a dig at goldbugs who want to tie the U.S. dollar back to gold: “No Pete, the gold standard is never coming back, and if it did, this world would be so f--ked I’d buy space travel and not gold.”

 

[EradiatedHaggis]

Its even worse on the "personal debt" front...Scandinavian countries like Norway are approaching 200% personal debt to income thanks to those wonderful taxes for all those "free" services.

 

[EradiatedHaggis]

So Americans actually own most US debt. The majority. If this was a company we would be majority shareholders. Yet you claim we are owned by China...

Dont bother. People who say things like "China ownes our debt and thus own us". are morons that do not understand how debt or currencies works let alone trade and trade deficits...or why nations buy the debt of other nations...and I doubt they will ever understand.

https://www.forbes.com/sites/ianshe...ina-will-keep-buying-treasuries/#3426a4949463

 

[NoDak]

Eh?

So Americans actually own most US debt. The majority. If this was a company we would be majority shareholders. Yet you claim we are owned by China...

It's hilarious, especially when people talk about what would happen if China decided to "dump their t-bills" as if you can just walk up to the Treasury and demand your money back on a fixed term note. Any interim sell off also has to have a buyer - no buyer, no sale. What kind of success would it even bring them when they regularly intervene in markets to push the USD UP? It works at cross purposes for their economy and the Fed would just mop them up if nothing else, the US runs the global currency.

It's getting close time to curb stomping these motherfuckers and crushing all of their ambitions, the export control act and moves to choke off foreign investment in US tech assets are good first steps.

 

[NoDak]

Is choking off foreign "investment" in the US a bad thing?

The goal of investment restrictions is to prevent Chinese companies from copying or stealing American ideas and technologies. Chinese companies can buy American companies and transfer their intellectual property overseas, or have their employees train their Chinese replacements. Even minority stakes can allow a Chinese investor access to industrial secrets that would otherwise be off-limits.

Uh, no.

Going forward, it should be done in every last instance indefinitely.

Notably, the European Union is also moving to restrict Chinese investments. The fact that Europe, which has opposed Trump’s tariffs, is copying American investment restrictions, should be a signal that the less-publicized high-tech trade war is actually the important one.

 

[caxias]

I hope Soros profits off it.



now THAT is a big short. respect. When you are confident in something, go fucking big he says.

Dude is 88 years old and will die within 5 years. I doubt he feels really confident.

 

[caxias]

Is choking off foreign "investment" in the US a bad thing?

so you don't support free trade capitalism anymore?

 

[HockeyBjj]

"As of September 2014, foreigners owned $6.06 trillion of U.S. debt, or approximately 47 percent of the debt held by the public of $12.8 trillion and 34 percent of the total debt of $17.8 trillion. As of 2018, the largest holders were China, Japan, Ireland, and Brazil."

China, obviously, Japan, ok

Ireland and Brazil??? The fuck?