[ame]http://www.youtube.com/watch?v=8B4L_dqU79c[/ame]
So many people think we owe China so much... maybe something like 9% if our national debt is owned by China. The majority of our debt is owed to the Social Security fund..
What we do not realize is in 1911 bonds were issued to build rail roads in China financed from the sales of bonds, largely in Great Britton and The United States.. In the 70's as part of the Hong Kong agreement the PRC repaid the bonds owned by the British. But they have never paid one penny to buy back the Bonds held by U.S. citizens. By international law, they are obligated to.
President Trump is aware of the Trillions of Dollars these bonds represent, and the fact the Chinese refuse to pay back the loan created by the issuance of these bonds. My bet is he will be doing some thing about it, especially if the American people give him a second term..
Time to make the PRC accountable for their debts to our nation!
Regards, Kirk
So many people think we owe China so much... maybe something like 9% if our national debt is owned by China. The majority of our debt is owed to the Social Security fund..
What we do not realize is in 1911 bonds were issued to build rail roads in China financed from the sales of bonds, largely in Great Britton and The United States.. In the 70's as part of the Hong Kong agreement the PRC repaid the bonds owned by the British. But they have never paid one penny to buy back the Bonds held by U.S. citizens. By international law, they are obligated to.
President Trump is aware of the Trillions of Dollars these bonds represent, and the fact the Chinese refuse to pay back the loan created by the issuance of these bonds. My bet is he will be doing some thing about it, especially if the American people give him a second term..
Time to make the PRC accountable for their debts to our nation!
Regards, Kirk
Last edited: