How much do we pay China a day in interest? RP said it in a debate...

[jenninlouisiana]

I thought he said 3 million A DAY? Anyone remember. I want to be sure I have my facts straight.

[risiusj]

I'd bet it's more than $3 million if they are loaning us $2-3 billion a day.

[rollingpig]

it's ok, just paper anyway :P

[sgrooms]

i think 3 million sounds right..

[WV Freedom Fighter]

I don't know, but I do know we have been looking at the Christmas presents we have bought for people and returning the stuff that says "made in China" It's time to send a message!

[dshields]

If they hold just 10 percent of our debt that would be nearly 1 trillion dollars. One trillion dollars would earn at least 50 billion a year in interests on a low interests loan. Divide that by 365 and you get 136 million a day.

That sounds more reasonable to me... I take that back, not reasonable at all, just more accurate.

Dave

[davidhperry]

Not sure, I know he's said we're borrowing three billion/day from them though.