"However, he has ABSOLUTELY no idea how we are going to cover the balance"
Don't worry about the balance, the US can take care of it. A trillion dollars in petty cash for the US. Bernanke can just print more money and presto, the debt is gone. That Chinese banking dude has got to get with the times. In fact, if the US printing presses are at capacity I'm sure there are plenty of photocopiers standing idle.
