Why do Mongolians always borrow money from the Chinese?

Updated on society 2024-04-24
29 answers
  1. Anonymous users2024-02-08

    I think so, China is a humane society, so there must be a culture of borrowing. However, China's laws are not perfect, and if you lend it out and others don't pay it back, you can only suffer a dumb loss. The United States also has a culture of borrowing money, but the law in the United States is sound, and if you don't borrow money to a certain amount, you will go to jail.

  2. Anonymous users2024-02-07

    Because this is a traditional Chinese culture, it has become a habit since ancient times, and it is a bad atmosphere.

    But at the earliest, it can be said that it is not difficult to borrow and repay, and it is also a temporary mutual help between relatives and friends of the same clan.

    helped them cope with the crisis, but it also caused many people to be lazy and unwilling to pay back.

    Therefore, the culture and customs of different countries are different, and the morals and sentiments are also different.

    This is the Chinese feeling.

  3. Anonymous users2024-02-06

    If you don't have money, you have to go to others. This has become a habit in China.

    On the one hand, in order to solve the urgent need. On the other hand, it is the villain's means, borrowing money and not paying it back, and saying that there is no money. lj

  4. Anonymous users2024-02-05

    I borrow from relatives and friends because I know each other, and I think it is easier to borrow money and I don't need interest, and if I borrow money from a bank, I need interest, and I like to borrow money from others because I am poor and have no money.

  5. Anonymous users2024-02-04

    1.This is tradition, the rich help the poor, and the traditional is unwilling to deal with institutions.

    2.It is interest-free.

    3.Default doesn't confiscate collateral like a bank does, just say it.

  6. Anonymous users2024-02-03

    It may be affected by the traditional economic form, which makes many people do not know how to choose financing methods, nor do they know how to avoid risks, which is completely the most primitive method. After all, the economic development of the United States is earlier than that of China, the financing methods are relatively mature, and the borrowing is also convenient and fast, which is a product of economic development, and this phenomenon will become less and less in the future.

  7. Anonymous users2024-02-02

    If there is a problem in a foreign country, it will usually try to solve it by itself first.

    In China, moral kidnapping will be more serious, and if you don't borrow it, you will be belittled as "no favor".

    This is the same as giving up your seat on the bus.

  8. Anonymous users2024-02-01

    Because Americans know that other Americans don't save much, and people don't have the money to borrow from you.

  9. Anonymous users2024-01-31

    It should be the United States that likes to borrow from others! The United States now has the highest debt in the world.

  10. Anonymous users2024-01-30

    It's just a custom.

    Americans like to fight lawsuits, and Chinese can't learn it.

  11. Anonymous users2024-01-29

    The average savings rate of Chinese ranks among the top few in the world, how can it be?

  12. Anonymous users2024-01-28

    Institutional and cultural differences, China is a socialist public ownership. No one likes to borrow money, but they are poor or have limited means. Because friends borrow without interest!

    American capitalism. The benefits are generous. Generally, it is a state loan grant. Americans generally take out loans to start businesses and get rich at a young age, and spend the rest of their lives working to pay off their debts.

    That's how I understand it!

  13. Anonymous users2024-01-27

    This society is a very realistic society, and you have to take into account your own situation no matter what, and if you can't live yourself, it's not realistic to help your friends.

    If your friend often helps you, and you can't help him when he is in trouble, it is normal to feel sorry and guilty, even human.

    If a friend doesn't pay back, one is that he can't afford to repay the money The other is the problem of not wanting to pay back, that is, a matter of attitude, either, he thinks you are a bully, he owes it, and you can't do anything about him, or, he doesn't take you seriously at all, so when you are not a very familiar friend, you directly take legal measures to recover the arrears.

  14. Anonymous users2024-01-26

    Although the economic level of the United States is relatively high, it is the enterprises and the people who have the money, and the ** is relatively poor. Although the tax in the United States is relatively high, the United States implements high welfare, and military spending and other expenditures are relatively large, ** income is less than expenditure, there is a fiscal deficit, so I have to borrow money.

  15. Anonymous users2024-01-25

    Earn your money with your money and collect protection money.

  16. Anonymous users2024-01-24

    It's not a debt problem at all, right? Rather, it is just a currency issuance mechanism and a means of disposing of foreign exchange.

  17. Anonymous users2024-01-23

    Because the Chinese tradition is better, it is better to care about you first and then lend you money

  18. Anonymous users2024-01-22

    Orientals are more reserved and afraid of losing face.

  19. Anonymous users2024-01-21

    The "borrowed money" of the United States is a public offering, not to come to your door to reach out for help, whether you want to buy it or not, and sell it on the exchange at any time when you need money.

    For China, foreign exchange reserves are not part of the monetary system, they can only be regarded as assets, and there must be a way for them to exist. Hundreds of billions of dollars are exchanged for banknotes and stored in warehouses. Not to mention that there is no interest, the cost of storage, transportation and storage is unimaginable.

    For benign assets, the following characteristics are required: safety, efficiency, and liquidity. In the short and medium term, these three characteristics of U.S. bonds are relatively balanced.

  20. Anonymous users2024-01-20

    This is a misunderstanding of many people, and it is no wonder that the main reason is that the mainstream ** intentionally or unintentionally misleads the people who have no common sense. The so-called U.S. borrowing money from China is actually China's large amount of U.S. dollar foreign exchange reserves, and there is no better investment channel, so it can only buy treasury bonds issued by the United States. Because the United States** is therefore obligated to repay our principal and interest when due, our so-called bonds to the United States have been formed.

    There is still a difference between this and borrowing money in the usual sense, and the key is that this so-called borrowing money is something we have no choice but to give to others.

  21. Anonymous users2024-01-19

    Americans advocate a lifestyle of advanced consumption, so people like to borrow money to show off. Besides, the fact that Americans are rich does not mean that the United States is rich, and a large part of the income of the United States is used for military spending, so it can only be maintained by borrowing money. Moreover, the money used for the war is to stimulate the growth of the American economy, and in the end, it is the American people who benefit.

    The United States is an important partner of our country, so in order to improve relations, our country has purchased a lot of US Treasury bonds.

  22. Anonymous users2024-01-18

    China is giving money to the United States, not lending it money, and China is being blackmailed.

  23. Anonymous users2024-01-17

    The United States is a kind of country that borrows money from other countries to maintain its wealth

    He doesn't actually call it borrowing...

    Theoretically, it is borrowed from practice, and it cannot be changed at all.

    has the strength to borrow money and not pay it back...

  24. Anonymous users2024-01-16

    First of all, almost every country has a national debt, which ours calls treasury bills.

    Secondly, because China has a huge surplus with the United States, we (including enterprises, individuals) have hoarded a large amount of dollars in our hands. Usually businesses and individuals will deposit these dollars in major banks, and banks will use the money to invest in order to earn the interest rate difference between deposits and loans. And the U.S. Treasury bonds, although not yielding high, are highly creditworthy (national credit).

    Therefore, in order to reduce investment risks, U.S. Treasury bonds have naturally become the most reliable investment channel.

  25. Anonymous users2024-01-15

    I suggest you check out the book "Currency Wars".

    It exposes how Americans exchange large amounts of waste paper for real resources for them to squander.

    In this society, the grandfather owes money, and the more he owes, the more he owes, the more he owes, the United States is like this, the American now has more foreign debt than his gross national product, that is to say, the American is bankrupt and can't pay it back, but because of this, the world does not dare to let him go bankrupt, and in order not to let him go bankrupt, he has to continue to lend him money, so that he can continue to suffer.

    This is also the case when China gives him money, and it is forced to do so.

  26. Anonymous users2024-01-14

    Because the Mongolians hate the Chinese.

    They believe that China still occupies their territory, which is north of the Great Wall.

  27. Anonymous users2024-01-13

    The Mongols are very good, what did the Mongols do to you. It's not clear what to ask.

  28. Anonymous users2024-01-12

    Because China is a humane society, if you lend it, you will not be able to receive it, and if you don't borrow, you will have no human relationship and will be excluded.

  29. Anonymous users2024-01-11

    That's why the forest is big, and there are all kinds of birds, and he doesn't feel that there is anything wrong or bad about himself.

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