Followers

Followers

Friday, December 4, 2015

Rationale

I will begin my paper with my introduction:




     As the united states continue to grow and develop, so does our national debt. Our national debt is at an all time high of 18 trillion dollars and continuing to grow every second. In the past 30 years it has almost doubled in dollars owed to numerous creditors, but one of those I feel is a main contributor to our country’s debt is China. In this paper I hope to further my research as to why that is. Now many of us know a lot of the world’s imports are from china. What caught my attention and why I wanted to learn more about this is something that is shocking to me. The current portion of the national debt due to china is at 18.6% and climbing, Yet we use Chinas money to turn around and buy their exports, making it a seemingly never ending downward cycle. Yes it sounds simple to quit importing from china but is not that simple and that what I hope to further my knowledge about in this paper.

My next paragraph will go more in depth about where we stand as country when it comes to our national debt compared to other countries and relativity to population. I will then be putting those words into figures to give my audience a better idea. Lastly i will transition to focusing more on China.

My third paragraph will explain how we do trading with China, bringing up one of my main points. Thus being how we borrow money from China to turn around and buy products from them with the money we borrowed. Then i will be comparing chinas economy to ours.

My fourth paragraph will explain how we got into the situation we did with China. What could happen if it continues? I will then be explaining different strategies to try and resolve conflicts with China along with to turn our debt around.

My 5th paragraph will convey why we should be concerned as american citizens and some strategies to hopefully not makes these mistakes in the future.

Last will be my conclusion where i tie it all together.

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