I heard that if China called the loan we owe them they would own us? Is that true?
2006-07-05 03:47:28 · 4 answers · asked by Anna 1 in Politics & Government ➔ Politics
They already do. Them and the Japanese.
This country would be bankrupt if they called in all their notes!!
2006-07-05 03:52:13 · answer #1 · answered by cantcu 7 · 1⤊ 0⤋
"You have a situation with China where imports are up by 49.8% from a year ago but at the same time US exports to China barely grew by 1.6%. That is not going to sit well with the members of the United States Congress."
-John Lonski, economist
frankly, i think that wouldnt sit well with the american public either....
2006-07-05 04:01:27 · answer #2 · answered by jonathan_liem 2 · 0⤊ 0⤋
too late. they already basically own us. ever heard of walmart? yeah, china produces 80% of walmart's products. walmart is the biggest corporation in the world, owned by americans. so basically china controls our economy.
2006-07-05 03:51:30 · answer #3 · answered by Alex F 3 · 0⤊ 0⤋
ladune catee rentes curatne librers tentoal!!!
2006-07-05 03:50:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋