".When comparing the U.S. to sovereigns with 'AAA' long-term ratings that we view as relevant peers--Canada, France, Germany, and the U.K.--we also observe, based on our base case scenarios for each, that the trajectory of the U.S.'s net public debt is diverging from the others. Including the U.S., we estimate that these five sovereigns will have net general government debt to GDP ratios this year ranging from 34% (Canada) to 80% (the U.K.), with the U.S. debt burden at 74%. By 2015, we project that their net public debt to GDP ratios will range between 30% (lowest, Canada) and 83% (highest, France), with the U.S. debt burden at 79%.
However, in contrast with the U.S., we project that the net public debt burdens of these other sovereigns will begin to decline, either before or by 2015"
Commence the trade war.
Opening volley: 100% import tariffs.
Stop messing around. America first.
Sure right away. Obama is well underway in this endeavor, he's got you covered. The humiliation that this administration has brought upon the people of America makes my stomach churn.
Sure just put people to work making that crap, the Chinese send over here,That Should about do it!
And “investments” in education and infrastructure mean more spending.
The truth never changes. The borrower is always the slave of the lender.
Since they are commie do you think this may finally get the libs to listen?
“Stop building up your military, and cut welfare checks so the cities explode” sounds like sound advice from the only real competition America’s got.
The Chi-coms have no business telling any other country how to be just like the US elitists have no business bossing and shoving everyone around on the globe. We got us a serious case of the nanny globe.
Y’know, this would be a PERFECT time to throw the standard “We will brook no interference with the internal affairs of China” in Beijing’s face.
If, for nothing else, the delicious irony of it. . .
Well, I guess I hope China has better luck then what the American people have had so far. Talk about totally ignoring what most American’s want. We’ve been screaming stop, stop for the past several years and no body is listening but, the tea party. To many politician’s have become the ruling elite. I just hope and pray for a political earthquake come nov. 2012. Something that will rock Washington and give the rest of the country a huge sigh of relief and thanks giving.
The student has become the master!!
The student has become the master!!
The student has become the master!!
The student has become the master!!
The student has become the master!!
Hypocrites.