Quote Originally Posted by KestrelBike View Post
... and then China looking at their now-solid, undisputed #1 position and saying "Ummmm no thanks, no deal" and not giving us any hardware, especially because all we give them now is debt, right?
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As long as the US is the leading economy, and the fiat currency holder; China and everyone goes down with us. China and others know this, that's why there are quite a few "I'll take your currency if you take mine" swaps going on under our radar. China. Russia, Australia, Brazil, etc..

Unfortunately, WE own most of our debt ($85B a month Fed buyouts), not China...