http://www.foxnews.com/world/2012/0...-china-and-philippines-deploys-more-warships/ "President Obama announced last year that the U.S. would turn its strategic attention more towards Asia to ensure stability there. The first of the 2,500 U.S. marines that are to be based in Australia have already started arriving. It has long been feared that this could be the next area in Asia where there may be armed conflict, and the disputes, if not handled properly threaten to lead to a confrontation between Beijing and Washington. "
Ah great. The Great Imposter can't be satisfied with getting us mired deeper in The Sandbox, now he's gonna PO the Chinese..... who own much of our debt too. Way to go barry - your 'foreign policy' is just so bitchin', man!
Sure, they can do anything. Obutthead is the savior, right? HOWEVER, if they DO that every other country that holds US Debt would immediately liquidate that debt, creating a hyperinflationary spiral at home, for fear that the US would just "void" their debt. YMMV.
Wonder if it might be a good thing if ALL countries zeroed their debt, and we all start over - sort of 'hitting RESET' for this sordid game of international finance? But then, I know nothing about the finer points of that system.
