I dont understand how the U.S. could be depending on China to let it keep spending. The U.S. wasTHE ECONOMIC POWER after world war II and the U.S. built many countries up after WWII. Not only that the U.S. loaned money and military equipment to many countries. So help me please understand how the U.S. is in debt up to its eye balls to of all places a third world country like China?!
Most of Chinese still live in utter poverty. So forget about that, HOW is China the big country that everybody owes money to now? How and where did it get so much?