We were already pretty much dependent on the Chinese to loan us the money needed to carry our debt. We’re proposing to quadruple that debt and I wonder, who can afford to fund it? Europe’s in the tank and about to sink to the bottom. The price of oil is trimming the wallets of the Arabs and China is shutting factories and losing its jobs – 20 million so far and getting worse.
What’s the alternative? Zimbabwe has trillions of Zimbabwean dollars, but I don’t know if we want those.