There’s probably something left unsaid here too... “and as soon as we find a better use for your stinkin’ dollars we’ll stop buying your overpriced Treasuries.”
I think some Chinese have discovered it...I read that groups of rich chinese are coming over and starting to buy up American land and real estate...Now from what pile of cash could they do this?...Why, Chinese held US bonds of course. Get ready for de facto Chinese colonization. Of course China will want to protect its new Chinese enclaves...get ready for Chinese military expansion!