The US tendered to China a written agreement which grants China Eminent Domain within the US as collateral for the US debt.
Economy of the United States
Government debt (also known as public debt and national debt) is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial government, municipal or local government.) By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year, that is, the increase of debt over a particular year.
Government debt is one method of financing government operations, but it is not the only method. Governments can also create money to monetize their debts, thereby removing the need to pay interest. But this practice simply reduces government interest costs rather than truly canceling government debt, and can result in hyperinflation if used unsparingly.
farming, forestry, and fishing: 0.7% manufacturing, extraction, transportation, and crafts: 20% managerial, professional, and technical]disambiguation needed[: 37% sales and office: 24% other services: 18% (2009)
Main data source: CIA World Fact Book
Collateral damage is damage to things that are incidental to the intended target. It is frequently used as a military term where it can refer to the incidental destruction of civilian property and non-combatant casualties.
Military terminology refers to the terms and language of military organizations and personnel as belonging to a discrete category, as distinguishable by their usage in military doctrine, as they serve to depoliticise, dehumanise, or otherwise abstract discussion about its operations from an actual description thereof.
The operational pressure for uniform understanding has developed since the early 20th century with the importance of joint operations between different services (army, navy, air force) of the same country. International alliances and operations, including peacekeeping, have added additional complexity. For example, the NATO alliance now maintains a large dictionary of common terms for use by member countries. Development work is also taking place between NATO and Russia on common terminology for extended air defence, in English, French and Russian.
Political correctness (adjectivally, politically correct; both forms commonly abbreviated to PC) is a term that refers to language, ideas, or policies that address perceived or actual discrimination against or alienation of politically, socially or economically disadvantaged groups. The term usually implies that these social considerations are excessive or of a purely "political" nature. These groups most prominently include those defined by gender, race, religion, ethnicity, sexual orientation and disability.
Historically, the term was a colloquialism used in the early-to-mid 20th century by Communists and Socialists in political debates, referring pejoratively to the Communist "party line", which provided for "correct" positions on many matters of politics. The term was adopted in the later 20th century by the New Left, applied with a certain humour to condemn sexist or racist conduct as "not politically correct". By the early 1990s, the term was adopted by US conservatives as a pejorative term for all manner of attempts to promote multiculturalism and identity politics, particularly in terms of attempts to introduce new terms that sought to leave behind discriminatory baggage attached to older ones, and conversely to try to make older ones taboo. This phenomenon was driven by a combination of the linguistic turn in academia and the rise of identity politics both inside and outside it. These led to attempts to change social reality by changing language, with attempts at making language more culturally inclusive and gender-neutral. These attempts (associated with the political left) led to a backlash from the right, partly against the attempts to change language, and partly against the underlying identity politics itself. "Political correctness" became a convenient rightwing label for both of these things it rejected.
United States public debt
Eminent domain (United States, the Philippines), compulsory purchase (United Kingdom, New Zealand, Ireland), resumption/compulsory acquisition (Australia), or expropriation (South Africa, Canada) is the power to take private property for public use by a state or national government. However, it can be legislatively delegated by the state to municipalities, government subdivisions, or even private persons or corporations when they are authorized to exercise functions of public character.
The property may be taken either for government use or by delegation to third parties who will devote it to public or civic use or, in some cases, economic development. The most common uses of property taken by eminent domain are for government buildings and other facilities, public utilities, highways, and railroads; however, it may also be taken for reasons of public safety, as in the case of Centralia, Pennsylvania. Some jurisdictions require that the condemnor offer to purchase the property before resorting to the use of eminent domain.
The United States public debt is the amount owed by the federal government of the United States. The measure of the public debt is the value of the Treasury securities that have been issued by the Treasury and other federal government agencies]which?[ and which are outstanding at that point of time. Gross public debt consists of two components:
In general, debt held by the public increases as a result of government spending and decreases as a result of government tax or other receipts, which fluctuate in the course of the fiscal year, and in practice Treasury securities are not issued or redeemed on a day-by-day basis. (Treasury securities may also be issued or redeemed as part of government macroeconomic management.) The government surpluses between FY1998-FY2001 decreased the debt in the hands of the public, but was offset by increases in intragovernmental debt. The aggregate, gross amount that Treasury can borrow is limited by the United States debt ceiling.
Financial economics is the branch of economics concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment". It is additionally characterised by its "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". The questions within financial economics are typically framed in terms of "time, uncertainty, options, and information".
A topic of general interest studied in recent years has been financial crises.
Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral against credit exposure. There were no legal standards, and most calculations were performed manually on spreadsheets. Collateralisation of derivatives exposures became widespread in the early 1990s. Standardisation began in 1994 via the first ISDA documentation.
In the modern banking industry collateral is mostly used in over the counter (OTC) trades. However, collateral management has evolved rapidly in the last 15–20 years with increasing use of new technologies, competitive pressures in the institutional finance industry, and heightened counterparty risk from the wide use of derivatives, securitization of asset pools, and leverage. As a result, collateral management now is very complex process with interrelated functions involving multiple parties.
Finance is the practice]citation needed[ of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level, and expected rate of return. Finance can be broken into three different sub categories: public finance, corporate finance and personal finance.
The United States of America (USA), commonly referred to as the United States (US), America, or simply the States, is a federal republic consisting of 50 states, 16 territories, and a federal district. The 48 contiguous states and the federal district of Washington, D.C., are in central North America between Canada and Mexico. The state of Alaska is the northwestern part of North America and the state of Hawaii is an archipelago in the mid-Pacific. The country also has five populated and nine unpopulated territories in the Pacific and the Caribbean. At 3.79 million square miles (9.83 million km2) in total and with around 316 million people, the United States is the fourth-largest country by total area and third largest by population. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. The geography and climate of the United States is also extremely diverse, and it is home to a wide variety of wildlife.
Paleo-indians migrated from Asia to what is now the US mainland around 15,000 years ago, with European colonization beginning in the 16th century. The United States emerged from 13 British colonies located along the Atlantic seaboard. Disputes between Great Britain and these colonies led to the American Revolution. On July 4, 1776, delegates from the 13 colonies unanimously issued the Declaration of Independence. The ensuing war ended in 1783 with the recognition of independence of the United States from the Kingdom of Great Britain, and was the first successful war of independence against a European colonial empire. The current Constitution was adopted on September 17, 1787. The first 10 amendments, collectively named the Bill of Rights, were ratified in 1791 and guarantee many fundamental civil rights and freedoms.