- Joined
- Oct 10, 2006
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You people keep acting as if they can just up and demand payment as a form of extortion.
They could simply not buy our t-bills. Right now, that would crash our economy.
They can't and it would hurt China a hell of a lot more than us if we stopped buying their cheap leaded plastic trinkets and stopped shipping out grain to them.
What makes you think they can't? If we do something crazy and illegal like impounding Chinese shipping, you can be sure they will do something legal and practical like not continue buying our debt.The Chinese would suffer as well, but that is little comfort. Its better for us to work together, rather than both go down in flames.