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4 Bumps

Should we worry about China?

With China owning much of America's debt should we worry about what China can really do ? They are fussing about our dollar while devaluing their own currency and so much more. Is Obama helping the situation with China?

Answer Question
 
itsmesteph11

Asked by itsmesteph11 at 10:51 AM on Nov. 19, 2010 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (12)
  • We should absolutely worry about China.

    QuinnMae

    Answer by QuinnMae at 10:53 AM on Nov. 19, 2010

  • Yep
    tnmomofive

    Answer by tnmomofive at 10:57 AM on Nov. 19, 2010

  • Yes. What happens if one day they want to be paid, NOW?
    tinamatt

    Answer by tinamatt at 10:58 AM on Nov. 19, 2010

  • absolutely! With our nation on it's way to bankruptcy, being in debt to anyone, especially a nation like China, is very disturbing. We all know what happens when we don't pay our debts, our possessions become repossessed. I do NOT want the USA to be over taken by the Chinese, or anyone for that matter. Unless we quickly turn things around, that's where we're headed.
    kittieashy

    Answer by kittieashy at 11:02 AM on Nov. 19, 2010

  • China has methodically been working their way to the head of the world table for years.I have said for several years myself that they are our biggest threat. One day they will attack us for oil is my prediction.
    Carpy

    Answer by Carpy at 11:06 AM on Nov. 19, 2010

  • The fact that China is so far ahead of us in most ways and they are buying into every major market...and have a stake in our relationship with Iran and are using their FINANCIAL SUPPORT as pressure for EU to do things a certain way,,,,YES!


    Their influence is expanding greatly while ours is diminishing.....

    sweet-a-kins

    Answer by sweet-a-kins at 11:09 AM on Nov. 19, 2010

  • Wow, sweet, we agree on something. Scary.
    Carpy

    Answer by Carpy at 11:13 AM on Nov. 19, 2010

  • A resounding YES.
    tasches

    Answer by tasches at 12:15 PM on Nov. 19, 2010

  • yes!
    gammie

    Answer by gammie at 12:20 PM on Nov. 19, 2010

  • Absolutely!
    xxlilmomma09

    Answer by xxlilmomma09 at 12:33 PM on Nov. 19, 2010

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