Ruh-Roh, the Chinese are getting restless about all the money they’ve loaned to the little dictators doing business as “The US Government.” There’s nothing there to back up US debt but the little dictators’ ability to cajole and fool the sheeple into paying their taxes, and the luster has worn off of that strategy lately. […]
What they’re doing is they’re taking the assets away from the competent people, giving them to the incompetent people and saying to the incompetent: “Okay, now you can compete with the competent people, with their money.” I mean this is terrible economics. This is outrageous economics. Good stuff.