Agreed, the problem is the Chinese don’t like being lied to either. This President is knowingly screwing the people of the U.S., and setting us up to be destroyed after he leaves office (which is why so many provisions in the laws he’s signed don’t go into effect until years later, he can either grant waivers and stave off the political fallout, or the buck merely gets passed to his successor). The problem is that he’ll make sure after he makes his bed, someone else will have to sleep in it.
If I were the Chinese and all of a sudden found out that I had been fooled into taking a bunch of worthless paper in exchange for precious national resources that people died mining out of the ground, I might decide I had a right to revert back to the rules of war and the rules of spoils.
That would be an incredible bad day for the world, because once one country does it and gets away with it....it is going to be a global free for all.
You know those looters in London? Replace the Looters with countries...then you got the picture.
This concept explains Obama's actions more than anything. He will have his hard-left policies or he will set the house on fire before he leaves. How else could someone explain away his acts of political suicide?
This nihilistic attitude is now working against him. He is swinging the country to the right by scaring the dickens out of the average voter.