A-Jad Has A Question

China,Debt,Federal Reserve Bank,Iran

Iranian President Mahmoud Ahmadinejad (or A-Jad) has a question for the presidential candidates, if Candy Crawly (or the next bobblehead) will allow it. Asks A-Jad:

“How long can a government with a $16 trillion foreign debt remain a world power?”… “The Americans have injected their paper wealth into the world economy and today the aftermaths and negative effects of their pseudo-wealth have plagued them.”
…“An empire, or a government, remains in power so long as the people under its power support it, but today the Americans have acted in a way that the world nations do not like them at all, and therefore, their international legitimacy is annihilated.”

More important than “international legitimacy,” for which Obama has not stopped striving: Both candidates have told the biggest foreign owner of U.S. Treasury bonds to go to hell. Where will the US be without America’s largest creditor, China?


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