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Space Travel and Exploration
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Robots and Artificial Intelligence
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China
China Claims New Breakthrough in Laser Propulsion Could Lead to Ultrafast, Stealth Submarines
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Biden-Harris Deep Fake Administration
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Science, Medicine and Technology
China unveils world's 1st diesel engine with 53.09% thermal efficiency
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Social Networking/Social Media
Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signa
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Central Banks/Banking
1 Comments in Response to China Dumping US Treasury Bonds!
The Chinese Communist Government has usurped U.S. global economic power, by allowing Congress to borrow billions from China. China need only raise its interest rate on U.S. Loans or call its loans to potentially cripple U.S. military defense budgets. A default by U.S. Government on China loans would destroy U.S. credit ratings and the dollar globally, particularly with oil producing nations that accept U.S. Dollars. U.S. Government would have to impose higher taxes on U.S. Citizens and corporations to pay escalating interests on China loans, shrinking U.S. Citizens’ discretionary income needed to buy American products and services, resulting in greater U.S. unemployment. U.S. borrowing and deficit spending has run the debt ceiling past 14 Trillion, at some point that will strangle the U.S. economy. Meanwhile China is restraining its economy from expanding. The recent Supreme Court decision in Citizens United v. Federal Election Commission appears to put corporations at par with "natural persons", i.e. humans eliminating limits on corporate political contributions. China can now use both its financial interests in corporations it owns in the U.S. or has interests, to exert its economic power to influence U.S. foreign policy; and on federal/state legislation that could affect the U.S. economy, even American democracy.