Monday, July 16, 2007

I Owe You What?

I read with amusement on the statistics of US trade deficit with China is growing at a whopping US$20 billion per day. Yes, it is per day. Now US is mired in a deep deep abyss of debt (trade deficit is debt, on top of the budget deficit for funding war in Iraq...).

Is China really the culprit causing US in such huge debt? Actually no, the wars that it has engaged are.

Why can't the countries live in harmony? Greed and fear? I don't know.

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