
China is much too gullable in investing in US paper money. They should insist that in future it is backed by assets like land. Only this would jerk the US out of it's complacency and out-of-control spending. Of course the politicians like to look good spending big. It's not really their money and by the time someone starts asking awkward questions, like how are they going repay the loans, they have long disappeared over the horizon.
Much the same with Greece.
Hot air and excuses just aren't enough.
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Imagination is more important than knowledge.
Einstein
Imagination should be used constructively on the firm basis of knowledge.
Me
Last edited by Pat494; Mar 18, 2015 at 4:41pm.
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