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on the latest episodes without the ads. Ladies and gentlemen, welcome to the great

America podcast with Lou Dobbs, always in the fight for truth, justice, and yes,

our American way of life. And now here he is, the Peabody Award-winning voice of truth,

the great Lou Dobbs. Hello everybody and good to have you join us here on the great

America show. Welcome. And we turn now to American Business Man, Jonathan Bass, who has

considerable experience with global commerce and specifically the relationship with China,

a man who I've found to be a keen observer of the geopolitics, geo-economics of our

the Sino-US relationship. Jonathan, great to have you with us. And I just want to start with

this great country, China, is now having immense economic problems. Unemployment is considerable.

We are seeing real debt issues with the housing and development sector, the property sector,

in China. We're also seeing defaults and the Chinese government, the Communist Party,

is not standing behind those companies who have taken in lots. And by lots, I mean tens of

billions of dollars of foreign capital to speculate and to drive their economy. It's quite a

sobering moment. What do you think? You know, when you're talking about the capital, I mean everyone

starts their conversations, we need to discuss China. Well, America is owned by China because

they're the largest debt holder of American debt with one trillion dollars, where I think Japan

is actually our largest debt holder. But we have invested over the last 20 years, trillions of

dollars into the Chinese economy. And in the last couple weeks where you see the issue with the

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