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

12-07-2007, 01:49 PM
I thought he said 3 million A DAY? Anyone remember. I want to be sure I have my facts straight.

12-07-2007, 01:50 PM
I'd bet it's more than $3 million if they are loaning us $2-3 billion a day.

12-07-2007, 01:53 PM
it's ok, just paper anyway :P

12-07-2007, 01:55 PM
i think 3 million sounds right..

WV Freedom Fighter
12-07-2007, 01:57 PM
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!

12-07-2007, 02:09 PM
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.


12-07-2007, 02:14 PM
Not sure, I know he's said we're borrowing three billion/day from them though.