Just from the title - uhm, NO.
China will cash in the TRILLIONS of debt the US owes, and we’re all spending Mandarin.
Obama ain’t got a dog in that hunt - he WANTS us to speak Mandarin.
>>>China will cash in the TRILLIONS of debt the US owe
China to Sell their Treasuries? To whom?
Wouldn’t a dropping U.S. exchange rate shrink the value of their remaining U.S. assets?