While China’s economy is based on exporting crap to us, our federal bonds are issued mostly to the Chinese government.
I’ve said it once, and I’ll say it again. We are in a state of economic mutually-assured destruction.
They call in our debt: our economy collapses. They can’t sell their shit to us anymore. Their economy collapses. We stop buying their shit: Their economy collapses and they’re forced to call in their debt.
Our economy collapses. While China’s economic strength is tied to ours, our strength is just as equally tied to theirs.
