>
>      These funds, I assume, are in the form of government bonds where the
> government has borrowed money to fund its operations. What about the
> trade deficit? Is this included in that sum or not? Or, is there
> another rather large "accounts payable" ledger somewhere?
>
> Harold
>
Trade deficit just means that money is flowing out to other countries.  It
is not necessarily borough money, though could be.  Eventually when they get
enough money they will come back and buy up all the farms in the Midwest or
the houses or apartment buildings in areas where they are so cheap.

China may want a few states (say Washington and Oregon) in exchange for
retiring the debt of the American people that they currently carry.  It is
just like Monopoly and they ain't stupid players.

Regards,

Gordon Williams

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