A Comment About

Why China’s Communists Love Jimmy Carter

January 19, 2009 - 9:58 am - by Gordon G. Chang
Larry Hackett
2009-01-19 21:13:19

Better go easy, China owns $3 Trillion of US debt. What is going to happen when they no longer buy our debt generated annually with deficit spending? What is going to happen when the world denominated currency becomes the EU Euro?

Long before the election last year, I pitied both John McCain and Barack Obama for the economic mess we have created.

By the way, I was disappointed in the Carter presidency because he never “turned the corner.” However, he is the most active former president in American history. Rutherford B. Hayes held that distinction before Carter.