The news article “China vs. Japan: The Winner? The Us… ” seek to convince the reader that foreign countries buying up our debt is a good thing. The provide some really interesting data, like this amazing graph!
Basically, it is saying that, while China and Japan are buying up more of our debt, it is gaining them less profit, and that, because of this, they will buy up even more debt. It says that, in the long run, this can only be great for America. While this isn’t mentioned directly in the Cracked article, it definitely supports what the article is trying to persuade the reader to believe.