Thomas
PROFESSIONAL
- Joined
- Jul 22, 2009
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I am glad you understand now. You are an indebted country. A little diversification by the Chinese of it US treasury portfolio can push the US economy and US dollar into a death spiral. If the economy collapses so will be the American ability to project power and control resources and trade. Lucky for the Americans, the Chinese are smart they don't want to destabilise things as it is against their self interest but there should be no doubt that the US has never been as vulnerable as it is today.
believe me if the U.S. economy goes into a death spiral. So will China's and the rest of the world.