Islam is an antiquated religion and needs to either modernize with the times or be completely eradicated.
There are two types of Muslims, terrorists, and their enablers. They need to fix that if they want to be part of civilized society.
If you do not do this, the economies grow in manners that are sub optimal, the price of labor in the US for instance must either fall or jobs must be cut, large hordes of cash build up like the pile of Treasuries you mention and the stability of the global system turns brittle.
Last edited by joG; 04-25-14 at 02:50 AM.
If that's what you mean, and I think it is, then that's the same problem, it drives the value of the dollar down and the yuan up, which means their exports become more expensive.