Previewing: China is Winning the Trade War
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The United States currently owes China over $650 BILLION in debt. That number is expected to grow to over $1 Trillion during the next 2 years. How is this possible? In order to pay for its two recent wars in Afghanistan and Iraq, the Bush administration has been forced to loan money from, you guessed it, China.
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A member of Military & Politics since 04/25/2011.