[tumblindice]

I’m no economist but he has a point. Why is China subsidizing us? Compare the returns on treasury notes with the rate of inflation.
They may be commies, but they knew how to use an abacus centuries ago.
Ever heard the expression, “So-and-so is a nice guy. But he wouldn’t buy a drunk a drink.”
And as Mark Steyn reminds, ‘He who owns your bonds owns your soul.’
No, this can’t end well. You can only live on credit and your looks so long.

[thejokker]

why is china subsidizing us? to balance themselves. massive amounts of cash is incoming to china. with more cash (in the hands of a small amount of people) prices will rise. china has a massive amount of uneducated peasants. a rise in prices means it will cost more money to support unemployed peasants in a communist economy. economy collapses with too much inflation...

[OneWingedShark]

And as Mark Steyn reminds, ‘He who owns your bonds owns your soul.’

Don't worry, the GM bailout sets precedent for screwing over bond-holders.
[/semi-sarc]