Tuesday, August 2, 2011

It Poisons Everything

Our debt, that is.

There's an old saying:  If you borrow a thousand dollars, the bank owns you.  But if you borrow a million dollars, you own the bank.

It seems that Russian Prime Minister Vladimir Putin, for one, has awoken to the fact that as his bank, i.e., his country, has lent the US a whole lot more than a mere million dollars and, therefore, in that twisted way, the US owns his country.  Needless to say, he doesn't like it.

While I don't appreciate being lectured to by a ruthless quasi-dictator, he an his country are still significant world players whether I like it or not.  More importantly, his reaction makes me wonder just how many of our other foreign relations will suffer a similar fate?

No comments:

Post a Comment