[AmericanGirlRising]

I agree with dumping dollars, but buying Asian assets when they are the ones who we owe this money to seems irrational to me. Am I missing something here? When we default, won’t they hurt? I'm no economist, but since China has the means to buy and manufacture why wouldn't they buy cash-strapped US companies and continue to manufacture but for countries with a consumer base - AU, oil-countries, etc.

This is strict assumption on my part.

[crghill]

Since the whole world is inundated with worthless US Gov’t debt, I don’t think there is a safe haven except for hard assets.