Why Have We Forgotten About The Trillion (Yes, Trillion) Dollars China Owes The US?
An Ignored But Important Story of Finance
China owes the U.S. a trillion dollars.
That’s not hyperbole. Nor is it a calculation based on stolen intellectual property or for failing to put a stop to fentanyl production which has been smuggled into America. It has nothing to do with Covid.
No, it’s an actual number based upon a universally accepted concept known as successor obligation. And with th…
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