funsec mailing list archives

Re: China Says It Has Suffered 'Massive' Internet Spy Damage


From: "Brian Loe" <knobdy () gmail com>
Date: Wed, 12 Sep 2007 14:54:30 -0500

On 9/12/07, Larry Seltzer <Larry () larryseltzer com> wrote:
Is China an adversary?  They hold something like a $1 trillion of
U.S.
home mortgages.

OK, so we're a bit stupid about who we borrow money from.  Isn't just
the mortgage market - go look where Treasury bonds end up. ;)

Why would anyone assume that the people you borrow money from become
your friends?


Usually the opposite. Best advice I ever got in life was, "don't
borrow from friends". A close runner up is don't go into business with
friends.
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