tightening belts under truly democratic conditions is troublesome
the fat cats of ws have been tightening the belts of all except themselves, and given the latest supreme court decisioning (companies as legal persons can donate any amount to favored political causes to their evil hearts' contentment), the democratic machine, previously broken, is now completely diluted to nothingness
political process of rule-and-be-ruled, without threat of bloodshed, would generally devolve to a point where bloodshed becomes a real and present danger, and when reacted to inappropriately, lead to actual bloodshed and complete devolution
generally
china's prodding, in keeping with its 6000 years of mostly minding own biz, would only be on the issue of sovereignty and likely nothing more, and certainly not really about the absolute and relative debt levels of other sovereign states
as to t-bill purchases, china would likely keep buying as long as others are buying, and its holdings dictated by relative speed of aggregation vs spending, all simply an issue of capability and capacity, which means bankers everywhere have a big role to play onward and upward |
