I am so glad you posted the debt clock.
What I suspect is that Chinese are being pulled into a game not too different from what happened in WW1 and WW2.
In both these wars,
Any money owed to defeated countries was brought down to zero
And the defeated countries remained in debt for a long time to come.
At this moment, a lot developed countries owe trillions to China.
If there is a war (god forbid),
China cannot win against a group of all the developed countries.
If China cannot win
The end result of that war will be:
1. China banks will loose all their dollar and Euros and gold to the developed countries
2. China will end up under financial retributions for 40 years
Sometimes it is good to pay attention to the history of Japan, Germany and heck even opium wars of China.
peace
I simply don't understand why Chinese don't get it. Even if there is no war and if USA asserts that it does not owe a penny to China, what can China do in return?
They will rob China in a more bizarre way than how they robbed China during the Opium Wars!
China should instead spend all the money building ultimate weapon systems like DARPA's HAARP. How can the Chinese forget their own bloody past and trust the Europeans who killed millions of innocent Chinese, I don't understand!