Red Chinese Question U.S. Treasury Secretary on Debt. Very Worried. – A.P.


According to the Associated Press as reported on Yahoo News, the Red Chinese government is extremely concerned over the U.S. defecit precisely because they own so much of it!  They hold billions of dollars of U.S. debt in Treasury Bonds.  If we should default or the value of the bonds drastically drop, it would be disaster for us…and them.  The story is here.  This should give all the Reich Wingers an insight into why we tread lightly whenever China does something odd, makes a demand or seems to be a human rights abuser.  Do you see now?  Things are not as they seem.  No easy answers after all, huh?     


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