posted on Aug, 5 2009 @ 05:56 PM
If you havent heard China is playing hard to get with buying up our debt. Why has China and the rest of the world bought our debt? because we a
capitalistic country and have some of the largest markets for many products and services.
What will happen if Obama passes this $1 trillion plus health care reform (yea only $1 trillion like Iraq was only going to cost $200 billion).
Well why would the Chinese pay us money for our people to be given free socialized health care, when they have so many at home falling ill. This will
cause massive riots in CHina if they went along with it.
China buys our debt so we keep buying thier products not so we can go and give fat pigs free health care.
If it passes believe you me, China and probably many other buyers of debt will be much much more reluctant to do so.