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We have the “stupid wars” spending on lockdown though!
China also owns a LOT of the US national debt too.
So you’re saying China’s R&D spending is even higher?? 😄
Its more an observation of their spending power and potential.
Not really. Everything I’m finding indicates they own less than $1t, or ~2%. The vast majority of US debt is owned by US citizens.
Optimocracy still rewards builders.
