China needs to understand that their days of trading us cheap crap for our worthless paper (tbills) are done. How many hungry former factory workers will be roaming their streets in a few months?
Agreed. I always have thought that, for their shoddy, easily-broken, never-worked-right-out-of-the-box, poisonous, pet-killing products, we gave them worthless pieces of paper, was fair and square.
ditto.