Remember when you were a kid and you thought if you could dig a hole deep enough you'd get all the way to China? Well, that's exactly what we're doing now -- financially speaking. We're digging a huge hole of debt -- and it won't be surprising if the next generation finds itself at the mercy of the Chinese, who will be our creditors.Headline: U.S. Records $199.8 Billion Second Quarter Current Account Deficit!
The Real Problem With Chinese Imports
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