Tag Archives: communist

Why the US won't boycott the Olympics

My theory on why the U.S. won’t boycott the Olympics: You don’t piss of your banker. As I wrote in a previous post about U.S. debt to China, it’s not unreasonable to think we owe the Chinese about $1.5 trillion. I wrote then that “As our biggest investors, we will have to afford the Chinese […]

What the U.S. owes China

Understanding the U.S. debt to China General Overview Current U.S. debt to China: $1.4 trillion (estimated) Real-time U.S. national debt clock U.S. Treasury bonds owed to Chinese investors Official Obama Administration comment on the China debt Paul Krugman, winner of the Nobel Memorial Prize in Economics, explains U.S./China finance Although the Chinese government keeps the […]