2013년 11월 28일 목요일

About 'bad debt register'|...sure that we don’t accrue any more unnecessary debt, or make any more unnecessary spending...they’re really making things worse rather than better. For example, there...







About 'bad debt register'|...sure that we don’t accrue any more unnecessary debt, or make any more unnecessary spending...they’re really making things worse rather than better. For example, there...








China               has               one               of               the               fastest               growing               economies               in               the               world.

What               does               this               mean               for               the               United               States?

China's               strong               economy               affects               the               United               State's               in               several               ways.

First,               China               is               one               of               the               United               States               largest               competitors               when               it               comes               to               exports.

Secondly,               China               owns               over               twenty               five               percent               of               the               United               States               debt.

Lastly,               the               Chinese               government               is               withholding               the               value               of               its               currency               which               is               further               hurting               the               United               States               economy.

The               United               States               is               way               over               its               head               as               a               result               of               its               financial               dealings               with               China.

The               United               States               needs               to               pay               China               the               money               that               it               borrowed               within               the               next               five               years.

It               is               absurd               for               a               country               with               the               potential               of               the               United               States               to               be               in               so               much               debt               to               another               country.

When               you               are               in               debt               to               someone               there               is               very               little               room               for               negotiation.

Over               the               past               few               years               the               United               States               economy               has               struggled               severely.

The               United               States               economy               is               has               not               been               this               bad               since               the               great               depression.

This               country               has               generated               fourteen               trillion               dollars               worth               of               debt               and               still               counting.

China               on               the               other               hand               has               seen               its               economy               flourish.

China's               economy               has               increased               annually               for               the               past               15               years.

It               has               come               to               our               aid               and               presented               us               with               a               black               check               to               do               as               we               please;               however               it               seems               as               if               that               gratitude               has               come               with               consequences.

By               the               United               States               being               in               debt               to               China               it               has               caused               it               to               be               limited               in               speaking               out               on               some               of               China's               communistic               ways.

China               has               increased               is               export               pricing.

The               timing               of               this               action               is               not               good               because               the               holiday               shopping               season               is               right               around               the               corner.

Unfortunately,               the               increase               in               export               prices               will               trickle               down               having               a               huge               affect               on               consumers               at               the               cash               register.
               It               will               be               very               difficult               for               the               United               States               economy               to               recover               if               it               continues               to               rely               on               China               for               economic               support.

China               already               owns               a               considerable               amount               of               the               United               States               debt.

What               happens               if               our               percentage               of               debt               to               China               increases?

It               is               very               hard               to               internalize               the               possibility               that               China               could               have               a               huge               influence               on               the               United               States               financial               future.






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