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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (287752)1/8/2016 4:48:21 PM
From: Steve Lokness  Respond to of 542936
 
Thanks for the Krugman piece.

Rather than say anything about Pauls thinking, I remind people today that many here consistently said that borrowing money from China at cheap terms was smart thinking. We should borrow more more more of it! That we could invest that money in America at extra cheap rates. Welll, not saying China will want to unload that debt, but the consequences to America should be obvious should they decide - be required - to do so.