Monday, September 3, 2007

When You Owe Someone a Lot of Money, They Cal

It appears that foreign investors are demanding a greater roll in deciding how US markets are run.

This is the tip of the iceberg of the transformation of the US from the greatest creditor nation to the greatest debtor nation in the world during the Regan administration.

When you owe people a large debt, they expect, and can often force, changes in your behavior.

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