fatslob-:O on 14 November 2016
The myths that the OP spouts ...
"And China also holds a huge amount of US debt, if they called that in, the US would be in massive trouble.", this is wrong on so many levels I don't even know where to begin ...
China only holds around 7% of all US debts and there's a reason why treasury bonds have "maturity dates" so it doesn't work like that FYI ...
"China is not only far bigger economically, they are bigger militarily too", LOL wut ?
China doesn't even yet compare to the United States if we're talking about true purchasing power based around the current benchmark. As far as China having a bigger military, maybe manpower wise but asset wise it's not even close since they only own like 1 aircraft carrier ...
