Quote:
Originally Posted by EdgeXXX
Easily handled:
China: We have $900B worth of US Bonds that we are cashing in because you don't want us to have Nuclear capabilities. You owe us $900B USD.
US: We don't owe you shit. You'll get you money when we decide to pay you, now sit your ass down.
problem solved...
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It's not just that simple, if you read John Perkins' "Confessions of an economic hit man", you may realize US economy is in danger because of the bonds hold by China.