So bloodless takeover, anyone?
http://blog.foreignpolicy.com/node/10331
Anyone care to inform me what the tipping point is for us writing “bad checks” to foreign countries?
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i’m not sure there is one. or anyway, the chinese are so heavily invested in u.s. t-bills at this point that their situation is just as fucked as ours. they can’t make any move against us that wouldn’t hurt them as well — it’s mutually assured financial destruction!