Saturday, May 28, 2011
China is the largest foreign debt holder
The united states owes china 900 billion dollers. This is a substantial amount of money to owe another goverment. Many people these still think that america is driving the car in this world but really this definetly is not true. Honestly I do not know how the united states of america is going to pay off the large amount back to china. One possible solution is too stop giving nations large sums of money. America is always giving and never wants to think of the problem they are in, we are in a 14 trillion doller debt and some how we still find time to give other countries money that we dont have. This is very puzzling to me and i would like you readers to comment about this issue.