The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.

  • @Mayoman68
    link
    21 year ago

    As far as US politics is concerned it very much is. Going all the way back to framing of immigrants as communists in the early 20th century and using that to punish immigrant labour groups. Or using communism as a reason to destroy another Latin American or Middle Eastern country. Or using communism as a reason to arrest left leaning people in the US in the 1950s for no reason. Or the recent policies hostile to Chinese immigrants that were justified by the American public with anti-communism.