260 billion dollars plus the trade deficit. It's due when china decides they want to collpse the US economy. They hold it over our heads to get us to do what they want.

George W - Hi Wong Ho how you do'in Wong- Fine G.W. what can I do for you G.W.- Well Wong as you know I'm fighting a war uh I mean I'm spreading democracy in Iraq and to be honest Wong I'm getting a little short on "Freedom" dollars Wong- That's too bad G.W. Didn't you think to to put the "freedom" dollars in layaway before you got up to your butt in the excrement G.W.- Well no but hey my(read- The American People) credit's good Right Wong- Sure G.W. how much do you need G.W.- Oh about 3 Billion a week would just about do it Wong- Well lets see WalMart alone sends us over 1 Billion dollars a year Count in every thing else and you already give us 250 Billion more in a year than we give you So I guess you're good for it G.W.- Great Wong Now how about the terms Wong- Well G.W. how do you do it in America G.W.- Over here if you want 250,000 to buy a home for your family we give it to you and send you a bill for 1500 a month but if you miss a payment we take your home and make you live in your car(if you can pay 300 a month for that) but if you are oh I don't know AIG we just give you 85 Billion and pat you on the head and say try to do better next time Wong- I'm guessing you want the pat on the head thing G.W. G.W.- That would be great Wong To paraphrase Uncle Joe Stalin 250,000 for 30 years for a home is a tragedy 156 Billion a year for a stupid unwinable war is a statistic The true answer is money is an anti-fluid that flows to the highest point in real terms we will never repay the debt(write the check) but the money will flow in China's favor for a long time to come Think of it as a loan shark you might break some guy's knee caps for your money but if you kill him you never get your money

George W - Hi Wong Ho how you do'in Wong- Fine G.W. what can I do for you G.W.- Well Wong as you know I'm fighting a war uh I mean I'm spreading democracy in Iraq and to be honest Wong I'm getting a little short on "Freedom" dollars Wong- That's too bad G.W. Didn't you think to to put the "freedom" dollars in layaway before you got up to your butt in the excrement G.W.- Well no but hey my(read- The American People) credit's good Right Wong- Sure G.W. how much do you need G.W.- Oh about 3 Billion a week would just about do it Wong- Well lets see WalMart alone sends us over 1 Billion dollars a year Count in every thing else and you already give us 250 Billion more in a year than we give you So I guess you're good for it G.W.- Great Wong Now how about the terms Wong- Well G.W. how do you do it in America G.W.- Over here if you want 250,000 to buy a home for your family we give it to you and send you a bill for 1500 a month but if you miss a payment we take your home and make you live in your car(if you can pay 300 a month for that) but if you are oh I don't know AIG we just give you 85 Billion and pat you on the head and say try to do better next time Wong- I'm guessing you want the pat on the head thing G.W. G.W.- That would be great Wong To paraphrase Uncle Joe Stalin 250,000 for 30 years for a home is a tragedy 156 Billion a year for a stupid unwinable war is a statistic The true answer is money is an anti-fluid that flows to the highest point in real terms we will never repay the debt(write the check) but the money will flow in China's favor for a long time to come Think of it as a loan shark you might break some guy's knee caps for your money but if you kill him you never get your money