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    China and the US Foreign Debt Crisis: Does China Own the USA?
    China and the US Foreign Debt Crisis: Does China Own the USA?
    China and the US Foreign Debt Crisis: Does China Own the USA?
    Ebook72 pages34 minutes

    China and the US Foreign Debt Crisis: Does China Own the USA?

    By Lawrence E. Wilson

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    About this ebook

    China and the US National Debt Crisis - Does China Own the USA? The US is in the grip of an unprecedented level of national debt. How much of the US' national debt does China own and what are the consequences? This new ebook examines the Historical Context of the US debt dilemma, a Global Perspective on the US debt, US Government Budgets (surpluses and deficits), US Balance of Trade, US National Debt and Debt Service, Chapter 8. US Budget Deficit, Balance of Trade and National Debt as Percent of GDP, US Creditor Nations, China’s US National Debt Holdings, Does China Own the USA?, Mitigating US Financial Risk, A Legacy of Debt for Future Generations, Conclusions, Supplemental Reading and Complementary Resources. The US debt crisis effects not only the federal government, but every American citizen. A must read for everyone concerned about America's financial future.

    LanguageEnglish
    PublisherLawrence E. Wilson
    Release dateJul 14, 2017
    ISBN9781370344437
    China and the US Foreign Debt Crisis: Does China Own the USA?
    Author

    Lawrence E. Wilson

    Lawrence E. Wilson is the owner of Genesys Publishing, an Internet publishing and marketing firm based in Silicon Valley, California (USA). We are located just miles from the global headquarters of major cyber security firms including Symantec, McAfee (Intel), Cisco Systems, Trend Micro, FireEye, Fortinent, WebRoot, FireEye and Palo Alto Networks, along with the Stanford University’s Center for International Security and Cooperation (CISAC). Each year the San Francisco Bay hosts the RSA Security Conference. Before moving to Silicon Valley he worked and attended graduate school in Washington, DC home of the US CIA, US NSA, US Defense Intelligence Agency, Brookings Institution and the Heritage Foundation. Lawrence E. Wilson holds a BA degree from the University of Michigan, an MBA degree from George Washington University and has worked in the dynamic Silicon Valley high tech sector for over two decades. Register for the Genesys Publishing newsletter: https://app.getresponse.com/site2/genesyspublishing?u=BrZtV&webforms_id=11122205

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      Book preview

      China and the US Foreign Debt Crisis - Lawrence E. Wilson

      Chapter 2. Definition of Terms

      Chapter 3. An Historical Viewpoint

      Chapter 4. A Global Perspective

      Chapter 5. US Government Budgets

      Chapter 6. US Balance of Trade

      Chapter 7. US National Debt and Debt Service

      Chapter 8. US Budget Deficit, Balance of Trade and National Debt as Percent of GDP

      Chapter 9. US Creditor Nations

      Chapter 10. China’s US National Debt Holdings

      Chapter 11. Does China Own the USA?

      Chapter 12. Mitigating US Financial Risk

      Chapter 13. A Legacy of Debt for Future Generations

      Chapter 14. Conclusions

      Supplemental Reading

      Complementary Resources

      About the Author

      Why I Wrote This Book

      I wrote this book because …

      The finanacial and economic health of the US vital to both the country’s long-term national security and national security and quality of life of its citizens.

      In recent decades the US government has not maintained an annual balanced budget, continously run a trade deficit and its national debt has expanded exponentially.

      Moreover, the US’s debt service – the amount it pays its creditors … mostly overseas soverign states – has also expanded placing an increased financial burden on the government.

      At the same time as the US’s national debt has soared the nation has become steadily more dependent upon foreign sovereign states to fund our government and at the same time these foreign states pontentially have greater influence over the freedom of the US.

      And while countless highly respected books, research and articles have been published on this topic, the fact remains that these financial trends are not sustainable. The US is rapidly appraoching a tipping point in which counties like China – and 2-3 others – will increasingly have control over the US government.

      All of the above represent serous implications for the freedom and quality of life for generations to come.

      Why You Should Read This Book

      This book will help you…

      Understand the difference between the US annual budget surplus-deficit, foreign trade surplus-deficit, national debt and debt service.

      Comprehend how most of these financial indicators have run in red deficit mode for many years, if not decades, and the deficits continue to expand day-by-day, year-by-year.

      Have a glimpse into both the immediate and long-term implications for the US government, economy and bona fide independence (or rather dependence") of the US on foreign governments to

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