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Ken Otwell
GZERO Media
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Comments by "Ken Otwell" (@KenOtwell) on "Ian Bremmer: US u0026 China's Changing Status Quo on Taiwan | Quick Take | GZERO Media" video.
How can the US power only be military vs China's economic power, when we are the ones funding their growth through trade imbalance?
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@labanyu China is not lending the US money - they are investing in government treasuries. It's their choice for the safest place to put cash with the best returns. It's a mutually-dependent relationship. Much of the goods we buy from China are actually made by American companies operating factories in China.
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@alanfriesen9837 That's not quite true. They're trying to grow consumer spending but they're still hooked on trade for their growth.
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@labanyu so - China is investing in US assets? hmm. I guess they think we have the best assets which will make them the most money long term. Ok... who am I to argue with them? The US is the best place to make money - China says so.
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@labanyu I get your point. I also want corporate profits to stay in America... but does who own a company really influence where those profits are spent? I mean, do American companies spend their profits in America... or in Chinese factories anyway? On the plus side - If China is so heavily invested in American assets, they aren't likely to start a war or do anything to destabalize our country. Just a thought.
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@labanyu so? What exactly is your point? What should we be doing that we aren't doing, or vice versa?
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