How long before we are asked to bail out China's banks?

The Atty-General, Eric Holder, warned today that if they were to crack down on the biggest banks, it could affect the world economy.

Over the weekend, 60 Minutes had a story with a huge realtor in China and filmed entire cities that had been built and were empty. The builder said that there was a huge bubble and that it could burst at any time. Just like in the good ol' USA!

So, don't be surprised if the Obama Administration comes before the American people and informs us all that we need to bail out the Chinese in order to save the American banking system, and in effect, the savings of the American people.

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