Wednesday, January 12, 2011

None Dare Call Debt Treason

"If Beijing continues to buy American debt at the rate it has in recent years," projects Mark Steyn, "then within a half-decade or so U.S. interest payments on that debt will be covering the entire cost of the Chinese military" — The End of the World As We Know It...

We are building the Chinese military by indebting ourselves to the Chinese so that we can defend ourselves against the Chinese military. I guess we can expect more stories like these in the years to come — China's Stealth Jet 'Progressing Faster Than Expected', Chinese Stealth Fighter 'Ready for Test Flight' and China 'Developing Military Spacecraft'.

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2 Comments:

Blogger Matt@Occidentalism.org said...

The Louisiana purchase in reverse?

10:14 PM  
Blogger The Western Confucian said...

Indeed.

10:12 PM  

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