Friday, January 28, 2011

Handcuffing The Kids

"Currently, your child's share of the national debt is around $45,000. Come 2015, provided current trends continue, it'll be bumping up against $70,000. China will own an unnervingly large portion of that debt. If policy makers in the US are so concerned about China's human rights record and its monetary meddling, how can they possibly justify shackling their children with debt handcuffs that are, so to speak, 'Made in China'?"
Source: Joel Bowma, The Daily Reckoning

P.S. See "Passing Along The Cancer"

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