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Good news

We’re no longer owned by commies. Seems China sold an assload of our debt. And now it’s primarily owned by the Japanese. Again.

6 Responses to “Good news”

  1. ravenshrike Says:

    The whole debt thing is going to just written off in 5-20 years. The only player who isn’t hocked up in debt to their eyeballs or completely dependent upon foreign sources of income is basically Norway. If it’s not then the world economy is going to crash so hard it’ll make the Great Depression look like a cakewalk.

  2. John Says:

    I’m a lot more comfortable with Japanese masters rather than Chinese masters — if we have to choose.

  3. Travlin Says:

    The link is for a different article.

  4. SayUncle Says:

    D’oh. Thanks. Fixed. The clipboard is always loaded.

  5. FatWhiteMan Says:

    Sushi is much better than fishheads in a bowl of rice.

  6. Ian Argent Says:

    The Japanese have gotten burned HARD by buying US assets they thought were crazy cheap – particularly real estate. (When compared to Tokyo real estate, NYC at the top of the bubble looks stupid cheap I guess. Not such a good investment when the bubble deflates. This is from the early nineties, not the recent unpleasantness).

    OTOH, that does imply the Japanese have overspent again…

Remember, I do this to entertain me, not you.

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