China – Our Banker, Now With Leverage To Change U.S. Govt. Policies

Left unchecked America's banker nations could have a veto power on U.S. foreign policy or totally destabilize our economy.

After having sold thousands of our best companies to foreign interests in recent years, and having dismantled much of our industrial infrastructure in favor of outsourcing our manufacturing, America has increasingly become dependent on imports to maintain the standard of living it has become accustomed to, but at what cost?

Look at the computer you type on, the pen you write with, the cell phone you carry. These little things add up.

These deficits are expanding. The U.S. government predicts a $1.56 trillion deficit in 2010, or 10.6 per cent of the economy measured by gross domestic product (GDP). The budget deficit will, among other things, fund the wars it fights all over the world. Japan, China and others buy large chunks of this debt in the form of T-bills to collect interest and allow the U.S. to continue its spending spree.

rest at http://www.economyincrisis.org/content/china-%E2%80%93-our-banker-now-leverage-change-us-govt-policies