Criticism On “Debt”
If there were a true Free Market in our world, this debt level decision would not be decided by the US Govt.
Would a true Free Market choose to use currency printed by governments?
There are two things the Free Market will never change its mind on, Supply and Demand and that 6 yr old kids make the best chimney sweeps.
The Free Market is not patriotic, moral, or dedicated to liberty.
Communist China is nowhere close to having a Democracy and has a govt managed economy.
Communist China and its Leftists govt bureaucrats have over $3 trillion in cash surplus in the bank and have lifted more people out of poverty than any government in recorded world history.
The Free Market does not exist in China and the Free Market likes it that way so that it can get cheap goods to sell in its Markets to those who will bid up prices for these products.
Communism has given the Free Market a inventory of cheap goods to sell to the rest of the world.
The Free Market has no problem with slavery as long as it produces a profit and slavery rarely fails to produce one.
Communism has finally learned how to use the Free Market against Capitalistic Democracies.
China….. more than $3 trillion in cash.
USA…….$14 trillion in debt.
It is time for Americans to run their country and not let the Market hand the America’s wealth to a Communist Country who competes govt subsidized industries and devaluing its currency achieve economies of scale in using the world’s largest labor force.
More reading: free advice.