then who is going to buy all of China's exports? Answer: Nobody
China doesn't need millions of unemployed, hungry, angry citizens.
Therefore, China needs a good U.S. economy. For now. That may change in 10 years or so.
China would prefer to use the cheap dollars...or FRN's to buy up America one asset at a time. A U.S. collapse is bad for everyone.
Want DP delivered to your inbox daily? Subscribe here: