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windy- I was thinking this morning about your post on China and buying our debt. And the more I thought about it, the more I think we don't have to worry about it. The Chinese have always taken a much more long range view than westerners. And I think they see in this, the eventual downfall of the US under a mountain of debt. Mountain, nay, mountain range.
As long as the US believes China will keep buying our debt, they'll keep offering it. And with the proposed deficits soaring, there will be plenty of it to offer.
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John
Ontario 32 - Aria
Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love. JCP
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