11 Responses to “ How Many Years Will It Take China To Take Over The Us Economy , Because Of The Debt And Will That Make Us A? ”

1. LIU TIAN LONG on September 27th, 2009 12:32 pm

   China wont take over the US economy. What will happen is if our debt keeps increasing is they will no longer invest in American dollars and they will start investing their money in other currencies which could lead to a collapse of our dollar and the USA as you know it. The only thing keeping the USA afloat right now is investment from other countries.China has a US currency reserve approaching 2 trillion dollars and if they decide to dump it on the market it will start a panic…and then everybody will unload their US currency and the dollar will be close to worthless.I dont think the American people realize how much trouble they are in!!!.
   Unlike the USA ..China is concentrating on business ….not phony wars to enrich Haliburton and company…I suggest we do the same and get our economy in order fast!!!

2. bravozul on September 27th, 2009 3:20 pm

   It will never happen. It was about 20 years ago and the same thing was said about Japan minus the communist argument which makes no sense.

3. jeeper_p on September 27th, 2009 5:18 pm

   Never,
   Alot of people somehow think China is funding the US deficits.
   But if you go to the treasury departmenst webpage and look at the number of US Treasury bonds that China owns,
   It has remained relatively stable the last 4 or 5 years.
   The largest growth by a country buying US treasury bonds, is Britian. Who has increased thier holdings in US Treasury bonds, sixfold in the last 3 years.
   China owns around 380 billion in US Treasury bonds, much less than Japan does.
   There is a reason, countries buy US Bonds and use the dollar as thier currancy reserve.
   The US economy is the most stable economy in the world and has been for the last 60 years.
   You have alarmist, who keep spouting, that China will dump the dollar, in favor of other currencys.
   Hog wash, if China dumped the dollar, they would be shooting themselves in the foot.
   First, it would start a huge slide in the value of the dollar, which means China’s currency reserves, would lose value as the dollar fell in value. They would in essence, be making thier currency reserves valueless.
   Second, China’s economy is reliant upon the US economy.
   Anything that hurts our economy, hurts the Chinese economy twice as much.
   So China would be getting a double wammy,
   Thier currency reserve would lose most of its value and then they would lose most of the export earnings.
   That would be like a country, saying, im gonna use nuclear weapons on my own country, so the fallout would hurt your country.

4. Concerne on September 27th, 2009 6:21 pm

   The Chinese economy is growing, but will not surpass our economy anytime soon. They buy our debt, and hold a massive amount of US dollars, but in todays globalist economy…. bad news for us, is bad news for them. And they have four times the amount of people we do to feed and house, meaning four times the headaches. China’s economy is closely related to our own, and billions upon billions of dollars it accumulates in our debt are due to trade with us to begin with.
   If that trade should stop, and the dollar should drop sharply, the Chinese economic machine would be affected greatly.
   Make no mistake about it, they are far more dependent on us then we are on them. And that wont change in this century.

5. Constitutional Watchdog on September 27th, 2009 9:41 pm

   Thousands; heck no

6. rabble rouser on September 27th, 2009 9:52 pm

   Well, I’m honestly not sure.
   But I know you can help to keep American money and production in America by watching where you shop.
   I do think that China is gaining on us by our own actions but I don’t think the answer is as simple as voting for people who don’t want to trade.
   I think this is a battle that has to be fought with consumerism… after all, shopping is what we do best!

7. John in AZ on September 28th, 2009 4:47 am

   They won’t take over.

8. Curio on September 28th, 2009 9:31 am

   They can never take over America from Americans….because it belongs to the Bankers…China has already bought America…But if we are smart…..We can possibly halt the hostile takeover! we just need to wake the hell up!!!!

9. doubleol on September 28th, 2009 2:53 pm

   They are well on the way to buying our country with our own currency—at the rate this is happening–if the imbalance of trade remains as is or expands it will not be very long at all.China’s savings rate is about 30 to 35% with ours being about 1%. Their ownership and control of our corporate structure would let them sway elections control congress and about all other government functions and all this is because of our governments refusal to face up to our promoting globalism to our detriment. Unfair trade agreements are taking their toll on our economy which will have a real bad time in the next 2 years.

10. W.C. Felcher on September 28th, 2009 4:21 pm

    According to Dr. Lester Thurow of MIT, if you compare current standards of living in China and the U.S. it would take over seven decades for the Chinese standard of living to catch up to the current U.S. standard of living at constant growth rates.
    What do you mean by ‘take over the U.S. economy’? Are you saying surpass in GDP or that the Chinese would have political control over the US by purchasing US treasuries, corporations, and real property?

11. SadaamLi on September 28th, 2009 7:57 pm

    Debt will make us a more cut throat capitalist country. The only way to maintain our current standard of living is to increase the GDP. Communism (and it’s socialist economic philosophy) WILL NOT DO THAT.

Leave a Reply