China would be far from bankrupt. The hard assets in resources around the world gives them a floor.
However when we default it will be viewed as a threat to their national security and they will pounce.
However when we default it will be viewed as a threat to their national security and they will pounce.
Surfer, I am not an economic analyst by any means.
As you state, I'm sure they are not vested solely in the United States.
Wouldn't American economic health be in their best interest?
Maybe you would be kind enough to explain in a little more detail; if any other FReepers want chime in, please do.
Regards.