If You Don't Mind, Why Don't You Mind?
The trade deficit has exploded to over $800 billion per year, and the United States is having to borrow more than $2 billion per day to pay for our profligacy. And it is China – our greatest strategic adversary – that loans us much of those sums. Never could anyone have imagined that the most powerful and arguably democratic nation the world has ever known would give its most threatening competitor and the world's largest remaining communist nation such direct control over its economic destiny. Where is your sense of indignation?
The trade deficit has exploded to over $800 billion per year, and the United States is having to borrow more than $2 billion per day to pay for our profligacy. And it is China – our greatest strategic adversary – that loans us much of those sums. Never could anyone have imagined that the most powerful and arguably democratic nation the world has ever known would give its most threatening competitor and the world's largest remaining communist nation such direct control over its economic destiny. Where is your sense of indignation?
posted by Mike Campbell at 2:22 PM
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