Monday, February 23, 2009

You Know Things Are Bad When

You know things are bad when you have to beg your enemy to keep supporting you. Hillary Clinton is urging China to continue buying US debt.

In Beijing, she called on China to continue buying US Treasuries, saying it would help jump start the flagging US economy and stimulate imports of Chinese goods.

"By continuing to support American Treasury instruments the Chinese are recognising our interconnection. We are truly going to rise or fall together," Clinton said.

Isn't it comforting to know we have tied our future to the Chicoms.

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