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To: Texas Peartree

There is also the third scenario. We default on one trillion dollars of debt owned by the Chinese and the drop the h bomb on us.


2 posted on 01/22/2011 11:52:49 AM PST by Brilliant
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To: Brilliant

“There is also the third scenario. We default on one trillion dollars of debt owned by the Chinese and the drop the h bomb on us.”

China tends to act cautiously. They think that time is on their side. Military action would be very bad for business, especially when the would still need us to buy their goods. Communists only care about power, and losing power is worse for them than losing a trillion dollars.


6 posted on 01/22/2011 11:55:22 AM PST by Texas Peartree
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To: Brilliant
There's also a 4th:

OPEC, China, Russia, and some other countries decide to move away from trading in US dollars.

18 posted on 01/22/2011 12:07:35 PM PST by edpc (It's Kräusened)
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To: Brilliant; Texas Peartree

Duduman’s vision has their psyche pretty well pegged:

http://www.handofhelp.com/vision_36.php


25 posted on 01/22/2011 12:25:28 PM PST by Quix (Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
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