Our out-of-control spending has the Russians commenting on our descent into what they term "marxism" (I guess they should know) and Chinese students laughing at Treasury Secretary Tim Geitner when he told them their investments are safe. Source: Chinese students laugh at Geithner - Reformed Chicks Blabbing Our economy shows some tell-tale signs of trouble, even if the short term shows improvement. FT.com / Comment / Analysis - Deficit disorder Key Quote: ~ Once merely a worthy subject of concern, America‚Äôs fiscal outlook has rapidly become the object of widespread alarm. ‚ÄúAside from weapons of mass destruction and terrorism, America‚Äôs fiscal situation is the most dangerous challenge facing the country,‚ÄĚ says Mr Gregg. ‚ÄúUnchecked, it will reduce growth, weaken the dollar and ultimately undermine America‚Äôs global leadership role.‚ÄĚ ~ The graphic that can be enlarged in the article looks ominous and nasty. HT: Instapundit Blog Archive FINANCIAL TIMES: ‚ÄúOnce merely a worthy subject of concern, America?s fiscal outlook has rapidly b‚Ä¶ I'm gearing up for Carter-like inflation by paying off my mortgage early. At least I'm going to give it a Pierre Woods try at it.