On 9/12/07, Larry Seltzer <[EMAIL PROTECTED]> 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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