It is probably the most remarkably foolish circumstance that I can recall: for a great free country to indebt itself so massively to the world's largest totalitarian state.
Oh for crying out loud. Doom and gloom. Snap out of it, man.
For years the Chinese have shipped us televisions, VCRs, DVD players, and enough cheap household items and clothing to fuel the greatest boom in consumerism in human history.
In exchange we gave them IOUs.
ha ha ha ha.
Stupid Chinese. Didn't they learn from the japs?
Anyway, isn't is nice that right now they hold the largest stake in the currency exchange.... when the price of GOLD is going through the roof.
Lighten up dude. I'm ain't worried.
heck, I'm laughing at them, here.
Like a wiseman used to say: If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.
*J. Paul Getty
How massively are we indebted to China?
Indeed, and going further in debt by the day. It very well could mean we have already lost the war to China, before most even knew it had begun.
This country has a death wish. Either through "free trade" or massive uninhibited immigration, it has a death wish.
Maybe we don't as it's people, but those maggots in Washington sure have an agenda.
I weep for our grandchildren who will one day wake up as slaves on the continent conquered by their ancestors.
I mean, we're Americans, and a life of luxury is our birthright.
The Chinese understand this, and will always support us.