china can and is converting the dollars they are getting from the yanks into real world assets, energy and commodities. buying gold being just one long term plan that can offset any losses on the us dollar if dumpoed more likely is that once they control all they see is required, they can afford to drop the US dollar over a period of time to minimize losses further but still cripple a US recovery. Obviously, some losses ( financial)will already be expected, as in any war. So I honestly think it is NOT Chinas' problem at all, their domestic market will keep them going in jobs and the ability to feed their populace, the yanks on the other hand will be lucky to get soup kitchens to quell the masses , The Chinese are developing a plan to dominate financially and any losses are a small price to pay to open up the rest of the world to their political and militaristic desires. best thing for us to do is make sure Ruddy keeps them sweet and we keep finding more dirt for them to want to invest in. that was we can maintain our nomimal debt to GDP.
