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External debt is just 14% http://www.usdebtclock.org/world-debt-clock.html http://www.usdebtclock.org/world-debt-clock.html
by known 8y ago
External debt is just 14% http://www.usdebtclock.org/world-debt-clock.html http://www.usdebtclock.org/world-debt-clock.html
- dnomad 8y agoThis is what all the China fear mongers don't get. China has in reality zero external debt when you consider their real, income-producing over seas investment. China's extraordinary growth is not being financed by overseas investors. (Just the opposite, China itself is aggressively investing over seas.) All of this is being financed by the Chinese people themselves. No other country in the world had been able to so successfully boot strap their own economy with so little help.
- swfsql 8y agoInternal or external, I don't see the difference. From the taxpayer perspective, they are the same.