Trump is Borrowing Money from China to 'Pay Our Farmers to Not Sell Their Crops to China'

[Mattks]

Originally Posted by GotHereQuickAsICould

Did you even bother to read the article or look at the graph?

https://www.bloomberg.com/news/artic...in-seven-years

Look at the graph. China's U.S. Treasury holdings went up in 2010 and stayed up with some minor variations until 2016 when it started to drop. Looks like it is going back up again.

This information came from the U.S. Treasury.

There was no sell-off during the Obama Administration.

Good grief.

Please do look at that chart, since 2010, Chinese total holding of treasuries have not increased. They have bought and sold since then, but look at the chart you just gave me. 2017 is nearly equal to 2010. There is no signs that China is looking to increase its treasury holdings past historical highs. Chinas debt to gdp is already 250%+, they aren't going to be buying more bonds. Translation, they are selling some and buying some back, but they are not expanding their total treasury holdings. The amount of debt China holds today is not more then it held in 2010, thats not hard to comprehend and thats exactly what I said in my first post.

Here is what I wrote, "Its a good headline and someone is buying our debt, but China is selling US treasury bonds, not buying them. That means China isnt loaning the US more money and they havent for a few years. I believe they stopped during the Obama years. Most people probably dont realise China is also running into debt problems and they have been selling bonds to release some of their deficit pressure."

Put a ruler on that chart from 2010 to 2017, is China expanding their treasury bonds? No, they are not.

Not to mention you keep focusing on the peak of 2017 and are ignoring where they are today. Obamas presidency ended in January of 2017. During Obamas second term, China sold almost $200 billion in bonds, and even in that article, in 2017, they did not buy back all those sold off bonds, they bought back maybe 75% of them, and in the last year have sold off a significant amount again continuing the gradual decrease that began in 2013.

Edit: Another link from Bloomberg, they do good articles.
https://www.bloomberg.com/news/artic...ess-attractive

[michiganmoon]

This does look bad.

It looks as bad as Obama borrowing money from China so he could give China humanitarian aid to help modernize China and provide rural internet connections so they can better compete with us.

Let's fish up that thread and see who tacitly approved of that while up and arms when the wrong party does something similar.