[BfloGuy]

If the Chinese balk, and no one takes up the slack, the only alternatives are either A.) Curtail Spending or Drastically Raise Taxes to cover the short fall or B.) Raise interest rates until a point is reached that buyers are enticed to buy more of our debt.

Um, you neglected to mention Option C. Print dollars till hell won't have 'em -- and neither will the Chinese (but perhaps i repeat myself.)

[spikeytx86]

Thanks for pointing that out

C.) The Zimbabwe option, print money until it’s not even worth as much as the paper it is printed on. But we will all be millionaires!