Red Chinese worried about red ink in American budget

Consider it another step toward Armageddon: It’s reached the point that Communist China is lecturing the United States about it’s massive deficits.

President Obama dispatched little Timmy Geithner to China to calm the frayed nerves of the Chinese government. It holds $8901.5 billion in U.S. Treasury debt, more than any other nation, and they’re worried that our skyrocketing deficit will trigger massive inflation and/or devastate the dollar. Either scenario is bad news for their investments.

“We sincerely hope the U.S. fiscal deficit will be reduced, year after year,” Assistant Finance Minister Zhu Guangyao said.

“The Chinese government is a responsible government and first and foremost our responsibility is the Chinese people,” he continued, “so of course we are concerned about the security of the Chinese assets.”

Geithner reassured them by saying, “Where can a guy find some good mu shu pork around here?”

Source: AP