We are dangerously close to the point that the rest of the world will say enough is enough and stop buying our debt.
[citation needed]
Speaking on the sidelines of an Asian central bankers' meeting in February, Zhou Xiaochuan, governor of China's central bank, asked: "is it time for China to consider using the reserves somewhere else, instead of concentrating too much on the United States?"
To this I quote John Maynard Keynes: ' If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.'
"Conversion, fastidious Goddess, loves blood better than brick, and feasts most subtly on the human will." -- Virginia Woolf, "Mrs. Dalloway"