Greece.

[Burroughs]

China will loose it's status once the wage there goes up. And they will burn, bc when you want prosperity you need freedom. .

Ah yes..but will wages actually go up in China? The chinese have been very good at holding their economy in a 'fixed' position to attract foreign business...ironically if the chinese had been valuing their currency at the rate it should be, it would be more of an incentive for western, US manufacturers; 'cheap chinese labor' would fall by the wayside...not likely.

China is the fulcrum in the world market, will they call our debt...will they squeeze us slowly or go hard.

 

[DanelMadr]

Ah yes..but will wages actually go up in China? The chinese have been very good at holding their economy in a 'fixed' position to attract foreign business...ironically if the chinese had been valuing their currency at the rate it should be, it would be more of an incentive for western, US manufacturers; 'cheap chinese labor' would fall by the wayside...not likely.

China is the fulcrum in the world market, will they call our debt...will they squeeze us slowly or go hard.

Is their economy growing? Do they want to work for fair price? Their gov can hold the people low but eventually wages will rise or gov falls as in any slave camp.

They have no reason to demand the debt repaid. Why would they kill golden goose? They do better, they buy assets on our soil....and arm themselves to teeth.