Correction: UKRAINE just issued #1 billion bonds backed by US taxpayers.
Maybe we should just set up an open line of credit with the PRC so that when Obama wants to play big-shot (and this happens a few times a week, it seems) and wishes to gift some bad credit risk like these people with a billion or two (because even the Euros have bailed on them) the deadbeats can go directly to China and just say “Big bills! And put in on the Amies’ tab!”.
Would Obama do that? I don’t think so... Obama maybe trying to poke Putin in the eye for a change—will not turn out well—if true.