China Shows Who the Real Boss Is at USA Inc.

The nice thing about owning your own business is that you get to call the shots. Want to take the day off? Take the day off. Want to reupholster the office in pink, candy-striped vinyl? Go right ahead and have at it.

Along the same lines, I give you China — an ever-increasing stakeholder and now permanent board member at USA Inc.

Over the past few years the Chinese have plowed over $2 trillion into USA Inc. And since joining the management team they have been a [1] bold and aggressive partne[1] r in shaping the company’s policy both domestically and abroad.

One can only sympathize with the outranked managing director (President Obama) as he tries to keep USA Inc. employees (that would be us) satisfied, while at the same time keeping the Chinese members of the board of directors happy as well.

The chart below - Foreign Holders of Treasury Securities - is a partial list. Go to the US Treasury website to see the entire chart. That's a lot of chickens waiting to come home to roost. (By the way, those numbers are in BILLIONS of dollars)