On Wed, 26 Aug 2015 12:25:31 -0400, Keyser Söze
wrote:

On 8/26/15 12:20 PM, wrote:
On Wed, 26 Aug 2015 12:02:53 -0400, Keyser Söze
wrote:

Oh, China's economy...two of the reasons for its problems...massive
overcapacity and slowing demand within the country and worldwide for
what it is producing.

I would not expect a democrat to think debt was an issue at all.


I stated "two of the reasons." There are others, of course.

All of the other reasons only contribute to the problems but the debt
makes it an immediate concern. The whole world has been kicking that
can down the road for 40 years and it is going to overwhelm us some
day. That day may not be that far off. It might be as simple as the
Saudis deciding to turn off the oil tap. They have gotten us addicted
to cheap oil again and we saw how that worked in the 70s when they
choked off supply. Guys like Bernie say the middle class never
recovered from the Ford/Carter crash and we are in a lot worse shape
now. The whole world is.