Saturday, November 15, 2008

U.S Situation, the Chinese Perspective

To relieve the crisis, the US must repay its debts, and to do that it needs to live a more frugal life instead of asking others to continue lending it the money to maintain its over-consumption.

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2 comments:

Anonymous said...

Maybe the Chinese should invade us in a war of aggression (after all we do actually have WMDs), take control of our assets, and then ask all other countries to forgive our debt! Its an easy solution to our debt problem. Bush did it!

Jullian said...

Hmmm. Then we could go back to amassing unsustainable debt, buy more chinese products, and cause their economy to grow in leaps and bounds. don't give the chinese any ideas.