The next big war

[uh-oh]

dull boy, the last i heard we are 12 trillion dollars in debt

of that, we owe china 1.26 trillion.

china has a debt of its own, in 2010 it was at around 1.3 trillion us dollars. since then they have gone on a crazy loaning spree tho, local governments on up through every branch of there government is borrowing money at massive rates, impossible to pay back.

the banks in china keep lending tho, giving a false sense of them having money. they don't. there bubble is gonna explode and its gonna be terrible

the US operates in a state of constant debt. they MANAGE it. china's exploding tho

its hard to explain, but basically china is almost in as bad of a situation as the US, and they aren't doing anything to stop it, they are just continually digging a hole.

witty, governments borrow money from banks. we owe money to a bank in china. we don't owe money to the chinese government. we owe money to japan, and other countries as well. we owe money to our own bank also, the federal reserve.

the federal reserve is a private bank. the united states government has no control over it.

every country pretty much has private banks that print there money.

we are all slaves to the banks. governments don't make money, banks do. the banks give the governments money, governments are supposed to pay them back. when they don't they lose credit. like humans. if you don't pay your bills you lose your credit rating, and then your money isnt worth shit.


thats basically what its all about in the stupidest terms

anyone with google can see china is in trouble financially. they take out these huge loans and invest in real estate. normal chinese people, are taking out loans and buying homes and other shit in the US. chinese companies are taking out loans and buying US companies, they are also building cities with no one in them.

they are getting the money, and spending it, which makes them seem like they are in a good spot

but what people fail to realize is what they are spending it on isnt returning half of what they borrowed

its too hard to explain with my uneducated mind, but everything i read/watch is saying china isnt gonna be too good once their banks stop giving loans.

just look into how banks control the flow of money basically. they give false senses of prosperity by giving out loans they know people can't pay back, then they STOP. and everything explodes