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We’re under cyber attack!

Chinese may be up to no good or they may just be checking their investments

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Purcell: Did the adversaries make off with classified information from the White House?

Phishes: No, dude, the malware was detected and shut down before any harm occurred. But personally, I think the Chinese were up to something else!

Purcell: Such as?

Phishes: Look, the Chinese own more than $1 trillion in U.S. debt. I think they are trying to monitor the White House’s real plans to address America’s debt and deficit problem.

Purcell: That sounds a little farfetched.

Phishes: In a normal world, it would, but if my hunch is right, the Chinese could be on to something. America is spending $1 trillion more every year than we are taking in. The Federal Reserve is printing money out of thin air and buying a significant percentage of U.S. debt.

Purcell: We are printing money to buy our own debt? That doesn’t sound so good.

Phishes: It is not so good. You need not be an Ivy league economist to see disaster ahead if the economy doesn’t get turned around. All that funny money and debt can create massive inflation or, worse, a real collapse. That would make the $1 trillion in bonds the Chinese hold a bust.

Purcell: So you think the Chinese are using sophisticated adversaries to keep an eye on their $1 trillion investment?

Phishes: Considering how poorly America is responding to its problems, wouldn’t you?

———

Tom Purcell, a humor columnist for the Pittsburgh Tribune-Review, is nationally syndicated exclusively by Cagle Cartoons newspaper syndicate. Email Tom at Purcell@caglecartoons.com.

©2012 Tom Purcell

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