Blog POLS 365- Bail out

The U.S. economy is in endless discussions to bail out the very troublesome economy. Stock markets have plunged lower than they have in decades, and unemployment rates are rising higher and higher. I've seen it happen at my own company. The economy is affecting everyone's household. Who is coming to our rescue? China. China, while being affected by the U.S. economy, has stepped up to offer to U.S. bail out money! There is no such thing as free lunch, so what does this mean for the future of these two countries? We are now in debt to China. Maybe its as simple as one friend letting another friend borrow money. Afterall, China needs U.S. to purchase all of its' goods!