Reply #82: the whole china thing

[woundedkarma]

makes little sense.

I'm not an expert but I was considering that china holds a ton of our debt a while back and thinking they could crash the country if they felt like it... screw nukes or armies, they don't need them.. they have us by the *****...

However, if they don't sell their cheap crap goods to us then they really won't be able to keep booming... so they can't screw us over YET...

Which means they can't just go dumping our debt. If we pay less for their stuff then they won't make as much.. it's shooting themselves in the foot.

Eventually they will produce stuff for the majority of the world and then the U.S with it's weak dollar will be worthless to them... at that point they'll either just buy the rest of our country or screw us so badly we can't do a thing.