Zeev's Turnips Talk Politics (ZTTP)

[seabass]

>>>Peg, Do you have a link showing we borrowed money from China?<<<


"The U.S. budget deficit is financed by borrowing. More and more of that money comes from China, now the United States' second-largest lender, after Japan. China's investment in U.S. government debt has more than tripled in the past five years, from $71 billion in 2000 to $242 billion in 2005."

http://www.theatlantic.com/doc/prem/200510u/nj_schneider_2005-10-25