mohandasgandhi:

China holds 8% of U.S. treasuries and owns 12% of U.S. public debt. Americans own 54% of our public debt, foreigners own 46%… and yet, China is somehow always incredibly scary.

I sometimes wonder if these candidates can even spell “economics” without help.

Hah. Foreign debt.

Source: mohandasgandhi

73 Notes/ Hide

  1. savethekirbys reblogged this from socialistexan and added:
    As a finance major, I would like to
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  18. luxuryailments reblogged this from mohandasgandhi and added:
    It’s terrifying when the most powerful country’s politicians talking about actual things that affect actual people