With the world economy and politics in a state of flux I always get a kick out of the morning headlines when I turn on my computer. Of course you can’t believe everything you read on the internet but the beauty of it is headlines either compliment or contradict one another. In the same day you’ll see “The Recession is over” and “Unemployment continues to climb.” Other times headlines will tell the obvious picture, as in todays headlines. US continues to sell long term debt to fill the budget deficit…..and China continues to buy. Basically it’s like the US taking out a high interest loan to run down to the hardware store to buy heavy rope for a noose, and 2×4′s for a chair to stand on. Then stopping by Kinko’s to print off an invitation for China to come by and kick the chair out from under it. – Sketch Armstrong
US to Sell $81 Billion in Long-Term Debt Next Week
World Bank Raises Forecast for China’s Economy
