Time to reconsider buying of US assets

While the Chinese government made it clear that it was unhappy about the possibility that the United States could default on its debt, it was also clear that China's concerns are not a major factor in US politics.

The United States has always been an incredibly insular country. The vast majority of the public has very little interest in or concern for what is going elsewhere in the world, except insofar as it directly affects the US.

There is also a remarkable degree of ignorance about the rest of the world, not just among the public at large, but also among our political leaders.