Wednesday, August 08, 2007

Just Keep Ignoring the Obvious

Take note of the last sentence from a post 2yrs ago.

Now take a look at the UK Telegraph today:


China threatens 'nuclear option' of dollar sales

By Ambrose Evans-Pritchard
Last Updated: 9:54am BST 08/08/2007

The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.


I wonder how soon it will be, when they move to pluck that Taiwan plum, and start exercising that new techno-military muscle they have been accumulating.

Sigh.

4 comments:

Wyatt Earp said...

And, unfortunately, we will not send out a reciprocal nuclear option. Imagine if we "Just Said No" to their consumer goods . . .

Insolublog said...

Unfortunately, Wyatt, they have been spending a good deal of time developing their own consumer base; A base with three times the people in the good old U.S.A. They will just take our technical I.P. and tell us to screw.

Uber said...

Also taken into consideration-

Shortage of Women Leaves Surplus of Disaffected Men

Population control measures has contributed to the problem too, and maybe it's a leap...but one could field a mighty mean army with all those disaffected men, huh?

The Conservative UAW Guy said...

Yeah, this could be an issue, but I think the dollar is in trouble even without china...