"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Will China Choke on US Dollars?
Submitted by Ali Hassan Massoud on Mon, 2007-02-19 17:00
"Chinese Premier] Wen appears to be saying that the day may not be so far off when China is going to slow down giving American consumers credit for merchandise purchases. Another way of looking at this would be that China may be losing its taste for lending the United States money that indirectly helps America to fight its ever-lengthening series of Middle Eastern wars. Every year America goes a couple of hundred billion bucks deeper into hock to the dragon." Uh oh.
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