"China and the U.S. are inserperable." Those are the words that came out of the Chinese finance minister, Zhu Guangyao. The deadline of October 17th is coming up quickly on the U.S. to reach an agreement of how much money we can borrow. What's the problem if we don't reach an agreement? The U.S. will be unable to pay it's bills and increase our debt even more. Now, why is this affecting the Chinese? China is the United States' largest creditor. Beijing is also the largest place that they invest in U.S. Treasury Bonds. Obama and the U.S. Congress will not meet an agreement, for fear of an 'economic Catastrophe.' People's mind across the world are simply thinking that we need to reach an agreement before the 17th, or else...
http://www.bbc.co.uk/news/business-24426881
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