Maybe (.)bama should watch the recent HBO doc Too Big To Fail. One scene in it has the Chinese telling a US official we need to get our debt house in order as they had received a proposal from the Russian gov (Putin) to mutually dump all US debt in a way to bring down the US. Seems to me some country that inclined to bring down the US financially as they cannot do it physically is not one we should be giving away the defensive farm to.
BTW, unlike most HBO stuff, I fould this one fairly well on the mark with minimal leftist bias.
We’re pretty much screwed. The BRICs are getting ready to exist in a post-American-dollar world. We’ll be Argentina With Nukes, only much less stable socially.