Free Republic

So we're off the "calling in debt" idea?

Moreover, any "nuclear option" by the Chinese

Nice link?

The Chinese are determined to ruin the dollar.

Because a weaker dollar will kill their sales in America?

The US dollar has been artificially propped up by being the reserve currency.

And by export dependent economies, like China and Japan.

As far as treasury securities, yes they have a maturity range, but they could burn down their own house if they wanted to. The Chinese are not just the Chicom bureaucrats. Our debt to them is unevenly split between their own central banks and institutional investors.

Moreover, any "nuclear option" by the Chinese (while affecting about 6% of our total debt) could be the spark in the dry forest that would ignite our own whole house. The Chinese are determined to ruin the dollar. They want oil traded in a new currency.

The US dollar has been artificially propped up by being the reserve currency. Once that is taken away, America's credit card is taken away.

Why people think this is fantasy is beyond me. Is it whistling through the graveyard?

I remember Freeper real estate agents coming on threads back in 2007 and getting into huge arguments with anyone (anyone) who posted a thread saying the housing and lending crisis was coming.