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To: Remember_Salamis
Sitting in the vaults of China's central bank are hundreds of billions of dollars of Uncle Sam's IOUs.

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Corrected for typos:

There is no way we can pay this off. With compound interes and the trade deficit, within five to ten years China will own the United States monetary system and will be able to build and support itself on the interest alone, leaving us a slave state to China. We're stuck in the equivalent of a loan shark juice operation of our own making.

15 posted on 12/09/2003 11:43:12 PM PST by RLK
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To: RLK
Weren't people predicting 15 years ago that Japan would own America by now?
18 posted on 12/10/2003 2:02:33 AM PST by Democratshavenobrains
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