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CHINA: "America Needs To Accept The Painful Fact That The Good Old Days Are Over"

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China's official comment on the S&P downgrade was harsh and condescending. 'The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,' Xinhua wrote.

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Gee, thanks China. by John Sanchez Jr. on Monday, Aug 8, 2011 at 7:43:53 AM
Yes... by Sheila Samples on Monday, Aug 8, 2011 at 6:14:41 PM