DSK wrote:
"Their thirst for US dollars" is already way way oversatisfied... they
are holding approximately 17 times our annual GDP in US debt...
That figure is not quite correct. The amount of US debt held by Asian
core banks (including Thailand & Singapore) is approximately 17 times
current US GDP. China is well over half that, though, and if China
started dumping, the smart bet is that they all would join in if only to
make a slight recovery before it crashed to zero. Even our old pal Japan
would probably join in.
Of course, we could always nuke 'em. Our ICBMs and warheads are already
paid for!
DSK
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