Things are getting mighty serious, and folks outside of our "choir" should get some views of where we are heading.
China warns US 'clock is ticking' CNBC "Finanial Times" Monday, 7 Oct 2013 | 8:20 AM ET
In its first official reaction to the U.S. political stalemate over the budget and looming debt ceiling deadline later this month, Beijing said that "the clock is ticking" and urged politicians in Washington to "ensure the safety of the Chinese investments".From a couple of years ago Wed Jun 8, 2011 2:15pm EDT China warns U.S. debt-default idea is "playing with fire" Reuters
Personally, I think Treasury bond default can be avoided,one way or another. Pay the notes, come what may, even if only by way of short-time increase of debt limit. But at the same time, keep holding those who spend like there is no tomorrow by the short and curlies. Force some realistic spending cuts. Go over all spending with a fine toothed comb. A few tens or hundreds of thousands here & there multiplied by the hundreds, plus hundreds of millions elsewhere (no more Solyndra's PERIOD) and pretty soon you are talking [ahem] real money.
To Laz -- sorry about the thread hijack. You may now return to your regularly scheduled program...
Things are getting mighty serious, and folks outside of our "choir" should get some views of where we are heading.
ChiComs coordinating strategy with The Won. Why am I not surprised?