To: nomad
They are in worse shape then us.
We rely on them to sell us cheap junk, and buy our debt. They rely on us to buy the vast majority of their exports.
We can get other countries to make cheap junk and sell it to us, and there are ways to deal with China no longer being able or willing to buy our debt.
However, there are no other buyers out there that can come close to buying the amount of goods and services we do from China.
27 posted on
01/07/2009 6:56:33 PM PST by
spikeytx86
(Pray for Democrats for they have been brainwashed by their fruity little club.)
To: spikeytx86
In an ideal situation, we shouldn’t have any debt.
33 posted on
01/07/2009 7:07:11 PM PST by
stevio
(Crunchy Con - God, guns, guts, and organically grown crunchy nuts.)
To: spikeytx86
But the question becomes,what will they do if there is a major upheaval in China?They do have nukes and I shudder to think of what could happen if some of them ended up in the wrong hands due to a major breakup or disintegration there.
41 posted on
01/07/2009 7:28:04 PM PST by
nomad
To: spikeytx86
Especially with Barky and company dismantling our national security to satisfy his leftist base.
42 posted on
01/07/2009 7:31:03 PM PST by
nomad
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