Saturday, October 13, 2012

For everyone worried about China owning our debt

Owe the bank $100K and don’t make your payments? You’re in trouble. Owe the bank $10M and don’t make your payments? The bank’s in trouble. I am old enough to remember the worries about the Japanese buying us out, or otherwise using their economic power to make us dance to their tune. How’s that working out again?

No comments:

Post a Comment

Please keep it civil