[elfman2]

"either that, or borrow billions from China, as we are doing right now."

Borrowing doesn’t replace, it just delays. But you know the phrase, “When you owe the bank a million, they own you. When you own the bank a billion, you own the bank.” China is much more dependent on trade with us as a percentage of GDP than visa versa, especially if Japan and Australia are thrown in. And that doesn't begin to address their other vulnerabilities.

[skeptical_con]

But you know the phrase, “When you owe the bank a million, they own you. When you own the bank a billion, you own the bank.” China is much more dependent on trade with us as a percentage of GDP than visa versa, especially if Japan and Australia are thrown in.

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LOL, no I didn't know that phrase. Puts things in a different light though, thanks.