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Because the US spends far more each year than it takes in. That is called the deficit.

Every year that we have a deficit, we need to borrow money to make up the difference. That is called the debt.

Much of that loaned money comes from China, or the debt was assigned to China by whoever the US borrowed from.

Since we're living on borrowed money, we have to owe someone. China is one of those someones.

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13y ago

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