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Secretary (The Honorable) Hillary Clinton & ChinaHillary obviously knows more about running government than we gave her credit for knowing! Yesterday she thanked the Chinese rulers for buying our debt in recent years. I think they own about 20-25% of it. They buy our debt because we buy their goods in larger quantities than the loans they give us. In addition to the interest they also get their money back for the goods. All is not bad however for us. We still have the most technical knowledge in the world, the most natural resources, and the most loyal and strong military. What we aren't though is a country that can not fail. Stupid decisions can still get us! |