DW: ‘Trump meets his creditor – China’s Xi Jinping’
Donald Trump and Xi Jingping
The German publication Deutsche Welle put out the following about the USA and China:
Trump meets his creditor – China’s Xi Jinping
6 April 2017
US President Donald Trump loves to portray his country as a victim of free trade. That’s because the United States buys many goods from all over the world, but sells far less in exchange. The US has done this year after year for decades – in fact, for 41 years in a row, and counting. It has gone ever deeper into debt to the rest of the world, running a trade deficit to the tune of $750 billion (704 billion euros) in 2016 alone.
Trump keeps calling that “unfair.” But is it really? And does running trade deficits actually harm the United States?
The US trade deficit is caused by American businesses importing more goods than the country exported. …
For China, the money earned from exports to the US represents jobs and income for Chinese workers. It cannot easily be replaced, especially now that China’s domestic economy is no longer growing as fast as in previous years. In a tweet prior to his meeting with President Xi, Trump said he expected the talks would be “difficult.” His trade minister, Commerce Secretary Wilbur Ross, a billionaire investor who will turn 80 later this year, chose more drastic language, saying in a Bloomberg TV interview: “We’re in a trade war. We’ve been in a trade war for decades. That’s why we have the deficit.”
Is isolation the solution?
Trump could try to reduce the trade deficit by putting import tariffs or other barriers in place, so that Chinese products become more expensive on US markets – in hopes that US corporations decide to produce more goods at home. President Xi is clearly concerned about this possibility … the US could substantially increase its import duties on Chinese products, according to Erdal Yalcin at Munich’s IFO Center for International Economics. That’s because some of the current duties levied are well below the maximum levels permitted under WTO rules.
“Unfortunately, this means that trade could suddenly be burdened with costs that previously didn’t exist,” Yalcin told DW …
Debtor meets creditor
An escalating trade dispute with China would be unwise for another reason, some analysts say. China is among the US’s major creditors. The net result of many consecutive years of trade deficits with China is that the Chinese central bank owns more than a trillion dollars’ worth of US Treasury bonds. In essence, the Chinese government has an account at the US Federal Reserve Bank of New York with savings of a trillion dollars. http://www.dw.com/en/trump-meets-his-creditor-chinas-xi-jinping/a-38314925
Before going further, it needs to be understood that increasing tariffs causing inflation. Donald Trump may point to tariffs, but he also may point to exporting coal to China, which could help cut the trade deficit, depending upon how much China might wish to buy. This could be a way both sides could point to a political ‘victory’ for the time being.
Furthermore, it is interesting that the German press is telling the USA that China is its creditor, indicating that the USA is, in at least that way, somewhat subservient to China.
Being a borrower, like the USA is, is a curse according to the Bible:
15 “But it shall come to pass, if you do not obey the voice of the Lord your God, to observe carefully all His commandments and His statutes which I command you today, that all these curses will come upon you and overtake you: (Deuteronomy 28:15)
43 “The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail.
45 “Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed, because you did not obey the voice of the Lord your God, to keep His commandments and His statutes which He commanded you. 46 And they shall be upon you for a sign and a wonder, and on your descendants forever. (Deuteronomy 28:43-46)
The USA is borrowing from aliens.
By importing more than it is exporting, the lifestyle of the USA has been subsidized by foreign nations.
Since the USA does not really intend to pay back the debt in real purchasing terms, the covetousness of the USA will amount to be attempts to basically steal.
As far as Donald Trump and the USA being a debtor goes, notice some items items about that in my book Donald Trump and America’s Apocalypse:
As president, Donald Trump will have to deal with the fact that the U.S.A. is the most indebted nation in the history of humanity and that in 2017 Republicans proposed a plan that could increase that debt by $9-10 trillion through 2026. (Nicholson J. Senate GOP’s FY 2017 Budget Deficit, Debt Red Ink Exceed Obama’s Budget. Bloomberg BNA, January 5, 2017)
Debt is a prophesied problem (cf. Habakkuk 2:6-8).
The time will come when the U.S.A. government will no longer be able to borrow at low interest rates and/or it will create more money electronically and/or via the printing press to try to continue.
Make no mistake about it — massive inflation is coming.
The U.S.A. dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19). …
Donald Trump loves debt. Here something he said about it in 2016:
I’m the king of debt. I love debt. (Egan M. Donald Trump: ‘I’m the king of debt.’ CNN, May 7, 2016)
There was about $20 trillion of recognized US government debt before Donald Trump took office.
He plans to increase that total. Some think his stated policies will add around $10 trillion to that total. (Matthews C. Donald Trump Calls for Exploding the National Debt. Fortune, August 11, 2016)
This is dangerous. Consider also that Donald Trump said because interest rates are “so low”:
[T]his is the time to borrow, and to borrow long term, so that we can have money to rebuild our infrastructure. (Matthews C. Donald Trump Calls for Exploding the National Debt. Fortune, August 11, 2016)
Donald Trump also said:
I have borrowed, knowing that you can pay back with discounts. And I have done very well with debt. Now, of course, I was swashbuckling, and it did well for me and it was good for me and all that. …
Now we’re in a different situation with a country, but I would borrow knowing that if the economy crashed you could make a deal. And if the economy was good it was good so therefore you can’t lose. …
I don’t want to renegotiate the bonds, but I think you can do discounting. … I’m not even suggesting that we don’t borrow money at very low rates long term so we don’t have to worry about when they come due. (Kurtzleben D. Donald Trump’s Messy Ideas For Handling The National Debt, Explained. NPR, May 9, 2016)
Nobody knows debt better than me. I’ve made a fortune by using debt and if things don’t work out, I renegotiate the debt. Well, you go back and you say, ‘hey, guess what? The economy just crashed. I’m going to give you back half. ( “Trump recession”? Presumptive GOP nominee fires back at Clinton. CBS, June 22, 2016)
It sounds like Donald Trump believes that debt is good and there is nothing wrong with defaulting or otherwise not intending to pay the total debt back.
The Bible says the wicked have that attitude:
21 The wicked borrows and does not repay, But the righteous shows mercy and gives. (Psalms 37:21)
Donald Trump has also filed for bankruptcy four times (Egan M. Donald Trump: ‘I’m the king of debt.’ CNN, May 7, 2016)—presumably to not pay back debt, while he claims a financial worth around $10 billion.
He may consider that to be ‘good business,’ but his practices and intents sound biblically immoral. (Thiel B. Donald Trump and America’s Apocalypse. Nazarene Books, 2017)
The USA is planning on massively increasing its debt according to the latest projections from the US Congressional Budget Office (see CBO points to massive debt: Can the depth of a coming financial crisis be known?).
For the time being, China is trying to figure out how to keep its economy growing and it may well subsidize more USA debt.
Will the USA get away with its debt policies and practices?
No, not according to the Bible.
Here is an end-time prophecy given to the prophet Habakkuk by God over 2600 years ago:
2 And the Lord answered me:
“Write the vision;
make it plain on tablets,
so he may run who reads it.
3 For still the vision awaits its appointed time;
it hastens to the end—it will not lie.
If it seems slow, wait for it;
it will surely come; it will not delay.4 “Behold, his soul is puffed up; it is not upright within him,
but the righteous shall live by his faith.5 “Moreover, wine is a traitor,
an arrogant man who is never at rest.
His greed is as wide as Sheol;
like death he has never enough.
He gathers for himself all nations
and collects as his own all peoples.”6 Shall not all these take up their taunt against him, with scoffing and riddles for him, and say,
“Woe to him who heaps up what is not his own—
for how long?—
and loads himself with pledges!”
7 Will not your debtors suddenly arise,
and those awake who will make you tremble?
Then you will be spoil for them.
8 Because you have plundered many nations,
all the remnant of the peoples shall plunder you,
for the blood of man and violence to the earth,
to cities and all who dwell in them. (Habakkuk 2:2-8; English Standard Version)
The highly indebted nation will be taken over at the appointed time of the end! The USA is the most indebted nation in the history of humanity and those in it should try to understand this prophecy.
Massive shifts in trade are beginning to take place.
While Donald Trump may temporarily delay what will happen to the USA (cf. Daniel 4:27), the time will come when the USA is no more.
Even former US President Barack Obama admitted that US debt levels were unsustainable. Whatever is truly unsustainable will end. And it will not end well for the USA.
Some items of possibly related interest may include:
Donald Trump in Prophecy Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill? Are there any prophecies that he has already helped fulfill? Could a Donald Trump presidency be apocalyptic? A related video is titled: Donald: ‘Trump of God’ or Apocalyptic?
Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
Donald Trump and America’s Apocalypse-Kindle Edition This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Donald Trump and America’s Apocalypse-Kindle Edition.
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?
Germany’s Assyrian Roots Throughout History Are the Germanic peoples descended from Asshur of the Bible? Have there been real Christians in Germanic history? What about the “Holy Roman Empire”? There is also a You-Tube video sermon on this titled Germany’s Biblical Origins.
Germany in Biblical Prophecy Does Assyria in the Bible equate to an end time power inhabiting the area of the old Roman Empire? What does prophecy say Germany will do and what does it say will happen to most of the German people? Here are links to two sermon videos Germany in Bible Prophecy and The Rise of the Germanic Beast Power of Prophecy.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
When Will the Great Tribulation Begin? 2017, 2018, or 2019? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter video is: Will the Great Tribulation Start in 2017?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2026 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermons Why Teach the Kingdom of God, The Gospel of the Kingdom, and The Kingdom of God is the Solution.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
Is the USA now an Evil Empire? Dr. Thiel gives many reasons to consider. A related video is also available: Is the USA an Evil Empire?
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. A related sermon is titled: Do these 7 prophesies point to the end of the USA?
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