This Is A Good Time To Start A Trade War

We've got them just where we want them! Attack the Chinese! Attack them!

China, the biggest foreign investor in U.S. government bonds, cut its holdings by about 10 percent to $846.7 billion in the 12 months ended July, according to the Treasury Department.

Uh oh. That doesn't sound good. Well, no worries, we can deal with this, right?

The U.S. will record a $1.3 trillion budget deficit for the fiscal year ending Sept. 30, the Congressional Budget Office said Aug. 19.

The estimated budget deficit for this fiscal year would be equivalent to 9.1 percent of gross domestic product, the CBO said. That would make it the second-largest shortfall in 65 years, exceeded only by the 9.9 percent in 2009.

Not to worry, we still have our secret weapon.

As long as we can buy paper and ink, we'll never be out of money!