China China China

Although I found the headline Is China paying for US taxpayer rebates? to be a bit misleading, overall the article is pretty informative about where money comes from and goes to when it comes to the federal government and these economic stimulus checks that most people have coming to them.

I knew a lot of the basics but I didn't realize so many countries, including China, had a stake in our debt. And, not being an economic whiz, I am trying to wrap my mind around why we have all this debt, but other countries are able to not only not have it, but help us out with ours.

This post makes me realize that I need to start talking about the Olympics. Soon.