The Chinesse are Showing Signs of The Madoff Syndrome

China has been a big buyer of the United States' foreign debt. They have bought almost 1 trillion of it. And after hitting the 1 trillion mark they have suddenly become worried about their investments and want assurances from the United States that all is well and their money is safe. Sounds like the Madoff investors after the first rummors started appearing about the fund. China is afraid the United States wont make good on its debt obligations at a time the Unites States wants to borrow even more money from China.
Its a little late in the game for China to start complaining. Everyone is worried China will scale back or even stop buying American bonds. That actually would be a good thing for the United States because it would mean the diminishing of globalization. Globalization has ruined the American economy and now may start destablizing Asia if the United State defaults which is a possibilty. The unspoken agreement the U.S has with China is they buy U.S debt and thus receive almost full axcess to U.S. markets. If they now stopped buying U.S. debt obligations its almost certain the doors would swing closed on Chineses goods coming into the U.S. and thus putting a crimp on globalization,which in the long run would be good for everyone. America would start making its own furniture and cars instead of farming that out to Asia . And that would be healthy for the world economy.
DICK CHENEY SAID THE DEPRESSION ISNT HIS FAULT. THE QUESTION IS IF AL GORE HAD BEEN PRESIDENT INSTEAD OF GEORGE BUSH WOULD HAVE THE DEPRESSION OCCURED?