Originally Posted by Steve_NO
so you're suggesting that they'd deliberately trash 18% of their export sector for...what, spite? surely not.


nor would the nomeklatura deeply and personally invested in the US economy do any such thing.


Spite? No. To remove us as an impediment to their ability to project power and operate as they wish in the Western Pacific and the ME, yes, very much so. Especially when they see our government spending money and incurring debt in quantities that it will never be able to pay back, much less service. That's a big clue to anyone that it's time to unload their US$ holdings while it's still worth something, especially to those that have large quantities of said holdings. And they are unloading them. They're using them to purchase commodities and insure supplies of same. I don't think that they're going to be holding the bag when the music stops; that privilege is going to be left to the US citizenry.


If the American People allow private banks to control the issuance of their currency, first by inflation, then by deflation, the banks..., will deprive the People of all their Property,...Thomas Jefferson