This current bull market will last until I'd say a week before christmas. Enjoy it while it lasts, 2007 will be a correction year.

unfortunately, this isn't entirely true. while there is some amount of interdependence between the US and China between their exports and our debt/purchasing habits, China is only one of several Asian countries that have been financing our debt. China has equally financed our debt/spending by keeping its currency artificially low and tied to the dollar, a practice it has now been pressured into changing (albiet slowly). Secondly, the major holders of US debt (China, Japan, Korea) have all recently started lowering their holdings of US dollars in exchange for other stronger currencies. This in itself is a major policy shift, and when the full effects of it our felt in the next few years, it's going to hurt the US economy in big but necessary ways.

True but other countries have already shown an interet in finacining it like S. Africa.

this could possibly soften the blow, but probably not that much. as far as i know, S. Africa doesn't have anywhere near the amount of money to pump into our economy as the countries it would need to replace.
really, this should be looked at as a matter of national security: we need to balance our budget and start producing more of the goods and services we consume in the US. hopefully taking care of some of the problems we face at home will give us the leverage to start becoming more competitive in other sectors against international competition, and provide some type of foundation from which our government can start realistically paying off its debt, instead of placing that burden on this generation's kids and grandkids.

Don't disagree Mister. My only point was China ain't demanding 3 trillion dollars tomorrow.