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China To Trade Trash for Buying More US Debt

September 02
05:25 2011
The strange revelations circulating out of Washington are apparently true: the Obama administration, along with the Federal Reserve, have struck a startling deal with China to continue buying U.S. debt. China expressed some disinterest in purchasing more U.S. debt, but President Obama agreed to import billions of tons of Chinese trash in order to continue borrowing money from China.

“They are beginning to cut us a tough deal,” a White House financial czar spokesman said, “but China continues to cooperate with the United States of America. We understand their hesitation in buying up more U.S. debt, so the president agreed to import, process, and ultimately dispose of billions of tons of China’s domestic and corporate trash.”

China has well over one billion people and their cities are rapidly growing. Trash buildup has become a problem and the Chinese government is still undecided on how they are going to deal with the increasing demands of the Chinese for higher living standards, including the collection and disposal of trash which has a tendency to pile up in many of the urban areas of its largest cities.

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