By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Errorist76 on 19 January 2018
Edit Thread
fatslob-:O said:
Errorist76 said:

They’re greatly improving. 6.6 % growth this year as reported today.

China has 3500 years of history. Their culture and civilisation is incredibly rich. Guy needs to read a book once in a while.

They’re also the biggest loan giver of the US...and, btw, have just degraded the US to being as credit worthy as Chile..after Trump’s tax reform.

https://www.reuters.com/article/us-usa-ratings-dagong/chinese-agency-dagong-cuts-u-s-sovereign-ratings-to-bbb-from-a-idUSKBN1F50OU?il=0

Yeah ... (You don't seem to know much about debt risk) 

Their ratings don't mean a whole lot when that agency rates their own nation as "AAA" so their definitely full of themselves ... (The only reliable credit rating agency is the big three which includes S&P, Fitch and Moody's all of which collectively control about 95% of the credit rating service market)

"They're also the biggest loan giver of the US", LOL you definitely don't have an idea of what your talking about ... 

Are you honestly disputing facts?! 

https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124

"In October 2017, China owned $1.2 trillion of U.S. debt. It's the largest foreign holder of U.S. Treasury securities. The second largest holder is Japan at $1.1 trillion. "

Last edited by Errorist76 - on 19 January 2018