Wednesday, October 27, 2010

Forget the "enemy of my enemy": 'friends' might not be friends

Sense and self-sufficiency has a post pointing out that China, one of our biggest trade partners, is not just a trade partner but also somewhere in the grey area between friend and foe, closer to foe.

China has divested itself of enough of US debt that Japan is now the first country on the list of those that own parts of this country.