America's $1 Trillion Debt to China -- Colin's Last Stand (Episode 54)
November 6, 2017
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11:48Now PlayingAmerica's $1 Trillion Debt to China -- Colin's Last Stand (Episode 54)
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as posted by the channelWhen it comes to economics, the United States and China need each other. Badly. The US requires liquid cash and cheap goods; China seeks to devalue its currency in pursuit of high economic growth in order to placate its export-heavy industries. But there’s one component of this relationship that gets the most attention: China’s massive monetary loans to the US.
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