Says Chinese Premier Wen Jiabao: “We have made a huge amount of loans to the United States. Of course, we are concerned about the safety of our assets. To be honest, I’m a little bit worried. I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets.”
Deadbeat lectures from communist apparatchiks, followed by nervous assurances from their U.s. counterparts. Forget Dave Ramsey’s folksy bromides; this is what happens when we live beyond our means. In a world gone mad, only the lunatics are sane.