"Product of the past?" Maybe so, but America's tendency to spend beyond its income is 2nd only...

|By:, SA News Editor

"Product of the past?" Maybe so, but America's tendency to spend beyond its income is 2nd only to China's addiction to dollars. Chinese leaders value stability and control over everything, and the regime in which it scoops up dollars with freshly minted yuan supplies just that. Don't expect a change soon.