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Originally Posted by Hitman
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If China maliciously dumps the dollar in this type of economic warfare, we may have to be ready to destroy China using any means possible (nuclear if necessary). It's a crappy option, but one we may have to exercise under this type of dire, chaotic, life threatening, and dangerous circumstance. I would expect my government (USA) to exact a painful retaliation 10 fold.
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Sounds like a rude way of not paying your debts 
BTW maliciously? Why should China want to keep so much bons of a currency that might suffer heavy loses once the US economy can no longer stand its huge deficit?
The US economy is doomed, it's only a matter of when will the deficit exceed the credit capacity. If I had dollars I would get rid of them ASAP 
What China is doing is an enormous favor to have taken so many until now....:hmm: |
I agree...we Brits are hanging on to the pound for grim death. it's only a matter of time before the inevitable change over to Euros will happen
