Re: You can\'t fool all the Chinese all of the time
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you know, since they will OWN it.
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LOL!
Finance 101: Debt is not equity
My bank "owns" most of my house, but they don't have any ownership rights. They can't tell me what color to paint it, they have no say over how it's decorated...they don't even have keys.
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But if the people lending you money to service your motrgage debt wake up and stop financing your lifesyle at their expense - you will default on your mortgage debt and have to give the keys over to your bank.
Asia can't continue to subsidise the American consumer forever. It's like the Marshall plan in reverse - except The Asians actaully EXPECT to be paid eventually.
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