"China's debt bomb"

February 8, 2010 by Richard E. Coleson

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"America's No. 1 creditor holds the ultimate weapon" . . . " The ancient military strategist Sun Tzu said that the best strategy was to render an opponent's army helpless even before the battle began. America may still have the biggest and best military in the world. But many at the Pentagon are starting to realize that, thanks to our growing fiscal irresponsibility, we may be surrendering control of America's destiny to a rival superpower -- and all without a shot being fired."

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