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China Lending U.S. Money, Criticizing Economy

Published 06/18/08 Jeff Bennett - Print Article
E-mail - editor@economyincisis.org

As China continues to lend Americans money – $405.5 billion as of 2007 – they are becoming boisterous of our economic policies. This is not how we want our country to function. Do we want to remain a sovereign American state or become a Chinese enterprise?


Source The Times Of India:

From the plummeting US dollar to the American housing market crisis, which have wreaked havoc across the globe, Beijing has been hinting mismanagement on the part of Washington and cautioning about the dangers of keeping markets too open.

The self-confidence of the Chinese, riding on the crest of rapid economic growth on the back of 1.7 trillion dollars in foreign reserves, was highly evident at the bilateral cabinet-level talks that began in Annapolis, Maryland, east of Washington on Tuesday.

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