China Threatens

We have been repeating the Bible's warning like a broken record, "The borrower will be slave to the lender." We know that we are into China for a big pile of dough....so where does that leave us?

Here's the headline today; CHINA THREATENS SANCTIONS OVER U.S. ARMS DEAL

Of course we all understand that countries squabble over trade deals all the time, but this deal may prove to be of major difference.

Beijing, China (CNN) -- China has threatened to slap sanctions on American companies that sell arms to its rival Taiwan as part of a range of punitive actions Beijing is taking to protest the deal.
China also summoned U.S. ambassador Jon Huntsman to express its anger over Washington's announcement, the official Chinese news agency Xinhua said, citing the Foreign Ministry.
Beijing also suspended plans for visits between the Chinese and U.S. militaries and postponed a high-level arms control meeting, it announced Saturday, following Washington's $6.4-billion arms deal with Taiwan.

Read it here; http://edition.cnn.com/2010/WORLD/asiapcf/01/31/china.us.taiwan.arms/

This one should be really obvious to even a fifth grader....you can't BORROW money from someone and then expect them to be happy to find you USED the money to MAKE guns, bombs and bullets that you SELL to their ENEMY.

I would expect to see China doing some military manuever (maybe they already have?) in the near future which would serve as a VISUAL warning that they are not happy with us.