[Mamzelle]

re: This is either outright deceit or Stockholm Syndrome by the Japanese, or a truly commendable cultural commitment to a failing ally (Obama/Geitner America). In either case, I am sad to see the legendary Japanese honor wasted on the Federal Reserve fraud, and Obama's lying deceit as foisted upon our allies. )))

Dittoes--the answer is probably both, which makes me feel ashamed. I even feel ashamed for the Chinese, because they seem to still know what the word "honor" means.

The best thing that could happen to America is for them to dump the dollar--right this minute. The longer we have to wait, the worse it's going to be.

[djsherin]

The Asian cultures understand the concept of “savings” which is what a sound economy is based on. In America, not only do we shun savings, but our politicians enact policies that make savings less desirable.