we borrow a lot of $ from china.
In the future, we'll repay it with oil when they're starving for it.
They know the drill.
They give us trillions of bucks, we twist arms worldwide for $, and we'll pay them back eventually.
We borrowed a lot to fun iraq war, but that funding is ending now. No more reconstruction $ for iraq. just troops. We'll repay china. Prez obama will tax the rich and fudge the caps and the borrowing will slow.
This is cyclical. Repub leaders kick ass worldwide and borrow $, then Dem leaders get the white house and fix the domestic economy by taxing the rich (since they did, after all, get rich off war stocks during the republican years in office).
it's always happened this way. war then peace. borrow then repay.