Well if China rises to a point where they decide to start calling in our debt, we'd be pretty fucked. That "National Debt" that keeps piling up against America? China owns a great deal of it. If they continue at this pace, or even accelerate, they will have a "controlling interest" in US Dollars. This could mean bartering for yet unnamed deals. When another country controls the US' money, we have to either start negotiating poorly or risk economic downfall.
This process is already in the works, and the only way out is to fix the US economy, and that's something I fear cannot be accomplished in time for the processes set in motion to reach a boiling point.
China is the largest holder of American debt. Massive sales of that debt would weaken the value of the dollar.
No.
China only holds 23 percent of our debt. The public actually holds the most amount of our debt. While they do have the largest of any other country (Japan is close), they dont have the largest amount.
US is already in a major asshole. If the government doesnt cut some budget or some way to save money, then our US asses will be in deep shit. It seems spending is going up instead of down.
This is because the Obama Administration are complete and utter morons, and most of the america public is that same for either not realizing this/not caring. But that is another debate.
So we do have something on them.
I was totally ignorant of this issue, except for the fact that I'd been shown that China's economy is growing at a much much much faster rate than ours. Don't other parts of the world also buy products Made in China? It's pretty dominant in manufacturing, no?
MAD or Mutally Assured Destruction was actually created by the United States. After the horror of World War 2, and having already have had two massive World Wars, inorder to prevent more widespread wars from occuring, they rebuilt all of the eastern economies centering it around each other. By doing this they ensured that if one country was to declare war against other countries, then they would die off from not having that economy. Alot of countries are not natually part of this chain, but with the US protection, they become part of it. For instance, while whiping Nigeria off the face of the earth, the economy would actually -improve- the United States would protect Nigeria (I dunno why
), and the country that attacks Nigeria would be affected by MAD.
Old news really...China, ever since going into Africa, has become the number 1 contender for the title of Hegemon..I really think they will become on the top with their wealth..Hell, they bought all our debt. I would suggest it's better for the US to make dialog with China and try to be on good terms as they are doing with Russia.
China is no were near a world power. In fact, they are struggling just to stay alive, and its basically Western Support that keeps them from going under. Massive parts of their economy comes from western business, and trade. Without that keystone their entire economy would fall, and the entire nation would die. This is more then just MAD. You have to understand that China contains over 3 billion people. Managing and providing for that many people is almost impossible, especially due to the corruption that they have thanks to communism/monarchies. They have the single highest death rate of any country, and they have the highest birth rate. They have laws that prevent having more then one children in effect. Disease is common there, and China wouldn't be able to feed their entire army if they chose to deploy it into a country.
China isn't a threat because they are simply too big, too much corruption, and not as high technology. While they do host an impression billion man army, it simply makes it easier for us to target with our unmanned bombing planes. In an age of Technology we still lead with what we have. Any force to be deployed against us would have to traverse the ocean, were as we have free range to destroy it with our arsenal of missiles. In any event were they would choose to go to war, with any country, they would have atleast 5 or more people that would rip the country off for billions. With their current government strategy corruption is higher then it was during the time of the USSR. In the event that they chose to mobilize the army, its highly likely that other power factions would choose that point to mobilize against the current power and take over, not to mention plenty of powerful western business's that would love to tap into the cheap labor market. China currently underproduces in the food department. Most of its country side is mountains, and terracing can only do so much to support a 3 billion person population. Why do you think that china is the number one creator of gold sellers, bootleggers, and scammers? Because in a country that large, enforcing the laws is close to impossible in alot of the locations.
If you were to delve deeper into the theory of MAD, the united states could still survive without CHINA. We base most of our products off of china made business, but we have a fully developed infrastructure in place that would enable use to start producing again. With just a 300 million population, losing CHINA as our primary import country wouldn't affect us to the point of extinction, but more to the point of a depression. China on the other hand still is struggling to build any form of infrastructure in order to produce goods, as well as dealing with corrupt businessmen exploiting the workers.
Its easy to say that China is a threat when you just look at their size, and sit in comfy countries enjoying having food. But if you visit China, and spend time in non tourist places, then you would grasp that the country isnt strong in any way, and its barely keeping itself alive.