My Dear Uncle
A review of your account with us has raised great concern on our behalf.We note that you now owe us about 800 billion dollars. We also note that your income is projected to be 2.16 trillion dollars this year,while your mandatory payments for such things as social security,medicare and the interest you must pay us and others on your 13.6 trillion dollar debt is to be 2.18 trillion dollars. Thus your income will just cover your mortgage expenses and you will have nothing left to run your household and defend it unless you borrow. Since your house [debt] is valued at 14.5 trillion dollars [gnp] you have reached the critical point in your ability to remain solvent.
As such it is with deep regret that we inform you that you are now on our critical care watch list. This means that we will be closely watching your future fiscal policy and take action as required to protect our interests. It is with deep desire from us that you get your house in order. If we see further deterioration in your financial status we will at worse not finance you anymore , at best continue to finance you marginally but at a much higher interest rate .In terms that Americans can understand, you have maxed out your credit card with us.
It is the sincere wish of the Chinese people that you get your income and spending under control so that we can continue our relationship.
Sincerely China
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