[Uncle Ike]

” as long as China’s house is in order. However, is it? “

In order or not, China’s amassing a huge amount of economic power...

Question — is it preferable for all that power to be in the hands of a dysfunctional nation?

[TigerLikesRooster]

They look impressive now. On the other hand, China has its own financial problem of huge non-performing loans, which could bring down their economy.

I heard a story that Chinese companies make money and spend it on further expansion rather than servicing their debt. It has been going on for quite a while. While China expand outward economically, their own internal debt bomb is ticking, too. It will go off sooner or later. Then China has to pull back in order to find money to address the domestic problem.

If economy goes south, we would have twin-blowout. U.S. and China. I doubt that China is in a position to move in and take over what U.S. leave behind.

[G.Mason]

" ... Question — is it preferable for all that power to be in the hands of a dysfunctional nation?"

Yeah ... them Chinamen have some noive!

We need to keep that power in the hands of our dysfunctional Congress.