Spending and the aftermath

Jon Markman had this very interesting article about the current China/US economic relationship. I have often alluded to the mess that would occur if China called in our debts, this article puts in a great perspective. In light of the massive spending of this and the past administrations it is all the more important that people realize the extent and danger that this type of behavior presents.

Nobody wins if there are only losers, its time to stop deficit spending.