Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Tens of billions of new borrowing, at the highest interest rates for any state in the Union.
Today’s politicians obligating tomorrow’s taxpayers to carry an ever-growing burden, an 800 lb gorilla for each TAXPAYER to carry…even as some of those politicians are elected to office by legions of people WHO DON’T PAY TAXES, never have and never will.
It’s a prescription for collapse.