Our Economy is 1/4 of the entire worlds economy. A business major should understand the implications of that statistic.

---------- Post added at 01:38 PM ---------- Previous post was at 01:34 PM ----------

OH and just to add to the point, a common thought among people is that America "owes" China, which is in part true, but this is due to what? China buying up American treasuries and bonds. Now consider their reasoning for that? is it a favor? I wouldn't think so. Even China is wagering its money on OUR economy. We are in a shit ton of debt, but that doesn't take away from the size of our Gross Domestic Product and overall economy. Man, kids these days. That amount of debt is playing with fire, and puts our economy at risk, but to suggest that it makes our economy smaller... or in and of itself weakens our position in the world economically, wouldn't be very accurate.

Our Economy is 1/4 of the entire worlds economy. A business major should understand the implications of that statistic.

---------- Post added at 01:38 PM ---------- Previous post was at 01:34 PM ----------

OH and just to add to the point, a common thought among people is that America "owes" China, which is in part true, but this is due to what? China buying up American treasuries and bonds. Now consider their reasoning for that? is it a favor? I wouldn't think so. Even China is wagering its money on OUR economy. We are in a shit ton of debt, but that doesn't take away from the size of our Gross Domestic Product and overall economy. Man, kids these days. That amount of debt is playing with fire, and puts our economy at risk, but to suggest that it makes our economy smaller... or in and of itself weakens our position in the world economically, wouldn't be very accurate.