"China" Imminent Implosion.", page-31

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    "Yeah , how much $US debt do the Chinese own?"

    Is that your answer to my request for an explanation for the reason why the US Government has been forced to resort to deficit spending?

    Since you apparently are interested in knowing how much US debt the Chinese own, allow me to provide you with two links about the issue of foreign debt, which is what you seem to want to talk about.

    In the first of such two links you will find an article by the Economist magazine that seems to be dealing with (I cannot read the article because I have exceeded my free access allowance) what is commonly known as the income puzzle problem, that is, the reason why the U.S. income balance is positive despite the US having much more liabilities than assets. In the second of such two links you can find a direct answer to your question.

    I hope that in this way I may have help you to gain some broader perspective about an issue about which lots of people seem to have recently acquired a lot of expertise.

    https://www.economist.com/finance-and-economics/2016/11/05/net-debt-big-returns

    https://www.treasury.gov/resource-center/data-chart-center/tic/Pages/external-debt.aspx
 
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