This is how we end up eating tree bark and grass salads

The irony runs two ways here.   The worlds richest capitalist country becoming ever more beholden to the world's largest communist country.  Our system predicated on private ownership being financed by cash from their publicly held industrial base.  A tad oversimplified yes but basically correct.

In any event we'll have to get used to idea that China will have an unseen hand in governing America for some time to come and would have even absent an increase in D.C. spending.   And thank God for it too because it they stop fancying our T-bills then its time to hunker down in the nearest compound and start frying squirrel.