1.0 link 92046 <![CDATA[An Empire of Debt -- Collapsing Under Its Own Weight]]> http://www.huffingtonpost.com/hale-stewart/an-empire-of-debt-collaps_b_92046.html Over at the Washington Note, Steve Clemons linked to a 2003 article titled "The Debtors Empire." What I find incredible about this article written almost four and a half years ago is how prescient its observations are today.

Isn't it just a little twisted that the United States, the world's richest country, is on track to borrow more than $500 billion from abroad this year? Isn't it even stranger that this borrowing includes sizable chunks from...
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