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Old 09-14-2009, 12:05 AM   #14
everlastinge

Join Date
Oct 2005
Posts
406
Senior Member
Default
By the way, we still hold the KILL switch. If a trade war does develop, we always have the option of devaluating our currency in a massive move that will destroy creditors to the benefit of debtors. This would decimate a lot of Chinese wealth since a lot of it is tied up in sovereign obligation.
This sounds like something Bismarck would say..

"Committing suicide out of fear of death."

I'm not so sure we hold the winning hand in this global poker game....
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