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This guy misses the point completely. China could dump the dollar, but it would hurt them. Not just because of their reserves, but because they can’t sell their products to the U.S. if they are too expensive.

The world isnt only about dollars and cents, it be foolish to imagine everyone is motivated solely by money. To some, power and anything of intrisic value, whatever that might be could be of interest. Maybe to the Chinese, selling their bonds will impact them, but under the right circumstances, the reward might outweight the risk.

Tell the Saudis, Venezuelans and Mexicans to piss off and we drill our own oil and use our own resources. Then we undersell everyone.

Oil is a scarced resource, and if market principles applies, this will only lead to a price war to the bottom. the US undersells, so can the competition until both end are selling at cost. Also, the US selling oil below market value would imply nationalization of oil resources because no private entity would undersell unless said oil was subsidized; and if that is the case, it might just fire back with individuals choosing to use more oil. Look at water, its free through taxes, hence we waste, if we charged even $0.01/L in royalty, consumption would drop.

The second thing we do is offer incentives to our companies with factories in China to bring their manufacturing closer to home.

that would imply giving some darn good incentives, because companies aren't going to accept a symbolic transfer payment as token of appreaciation in conforming with it. We're talking subsidizing every job created, long term tax credits, massive transfer payments through objective oriented programs, watering down legislation that is a business repellant; and in todays economy, that is not doable.

Finally close the border.

If were talking closing the border to illegals, im all for that, however if were talking closing the border to trade, then, its not going to end well.

WTH is taking them so long to "develop"?? How long have they been in existence, and how long has the U.S. been in existence?

Clearly you haven't majored in history. Your statements are true to the exceptions of the errors pointed out in earlier post. I might also add that China, for all its achieved in the past, has communist mao, the fall of the ming and rise of the qing dynasty, world war 2, the cultural revolution, the great leap forward, the british colonist, the chinese revolution that ended imperialism, a bunch of other revolution, rebellions, wars, and other bloodsheding events in addition to the extensive wars waged against the northern barbarians under chinese imperialism and so on, and all that in the last few hundred years to blame for its present state.

$1.5 Trillion? Supply and demand say no. Diamonds cost a fortune because they are rare (and De Beers scams us) but if $1.5 Trillion worth of diamonds are found there...

You also have to factor in that there are different grades of diamonds and different uses, not simply jewellery. diamonds are used in precision cutting tools etc. Also, diamonds actually have no value, its just a piece of useless rock. It only has value because society as a whole bought DeBeers nosense about diamonds being sentimentally valuable that it has decided to instill a price.

The Chinese are very crafty. The problem is that they won't buy weapons or goods from us like the Saudi's are doing. Actually its not that they wont buy weapons from us, its more that they cannot buy from us because of the arms embargo imposed on them after the 1989 crackdown. Pre-1989 the US was supplying alot of weapons in an effort to contain the Soviets. A part of the legacy is many early black hawks sitting idle in hangars because they cannot obtain parts to service them. Even without an embargo, they still couldn't buy weapons from us because the Soviet Union doesn't exist anymore, so there is no logic into supplying them.

Does anyone believe that the Chinese believe they could take out one of our Carriers without a nuclear war ensuing shortly thereafter?

Assuming Obama is not in power when that day comes, I find it exagerated that nuclear war will come because an aircraft carrier is sunk. If China and the US are at war, without any distingtion between who is the agressor, whatever goes on is fair game. Its okay for the US to send bombers into China in wartime, but not for China to sink a US carrier in that same period? there is no logic.

I guess its your myopia that prevents you from seeing the greater picture. To better comprehend your questions, you have to look back hundreds, if not thousands of years in East Asian history.

This Japanese hatred that is the cornerstone of many East Asian and South-East Asian countries doesnt date back 60 years (Post-WWII), it dates back hundreds of more years.

For hundreds of years, this small island, being Japan has tried to take over Asia many times in history because it yearns greater stature.

Take for example the Asian Seven Year War AKA The Japanese Invasion of Korea in 1592 (There was also the Seven Year War between France and England).

It was thanks to the military intervention of Ming Dynasty China that Japan lost the war.

Under the Chinese Tributary System, Chinese Vassal States were afforded protection, and you have to understand that alot of Chinese blood was shed in the defence of Korea at that time.

What your doing here is whitewashing history with a bias. While its true that the Chinese are propping up the North Korean regime and have fought the South Korean regime in the 1950s, it doesnt compare to what the Japanese did.

The Chinese play an indirect role in Korea, never have they invaded Korea (unless you count the Korean War in the 1950s), however they never occupy and plundered Korea the way the Japanese has.

During the Seven Year War, Japan plundered Korea of its resources and its skilled individuals resulting in an technology transfer (oddly enough, its always been their MO through history).

Never have they experimented on Koreans as the Japanese have nor have they ever rape the women.

What the Chinese have done is simply enable a regime.

Hillary (Singing):♫ You know all my life, I wanted to have my own act, but noooo! no, no, no, they all turned me down. One big world full of no, ♫ and then Bill came along...

Karzai: Oh no, here she goes again.