Chinese Riots and US Debt

Here's a video of Chinese rioting over a disputed island that is also claimed by the Japanese. These islands are valuable, not because of the beautiful scenery, but because of the oil that lies beneath them.

China has also expressed clear warnings over the $1.3 trillion in Treasury bonds that is owed to China by the United States. My experience in China has taught me that most fights in China are started over money and people feeling dishonored by not receiving their money.

In my opinion, the US is playing with serious fire by adding to this debt every year, rather than balancing the budget.

Greece is on the verge of defaulting on it's debt. America should take note.

A Greek exit from the European Union (Grexit) and huge economic hits are looking likely for Greece. The USA should take note as we're approaching $20 trillion in national debt, increasing by about $1 trillion per year. This rate of debt increase is unprecedented in American history.