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<p>[QUOTE=&quot;Tinpot, post: 1610062, member: 35836&quot;]China has already stopped buying U.S. T-bonds, although I believe they are holding onto their current holdings. They might not want to risk angering USA by dumping all their current holdings and flooding the market. USA could respond with tariffs on the goods that China sells us which in the long term could actually cost them probably well over a trillion. So even if they know their T-bonds will eventually be worthless they may still just hold onto them anyways. </p><p><br /></p><p>I believe China is accumulating gold and other hard assets on the down low. They have many miners in Africa, plus have ramped up mining operations in China. I think pretty much all the gold mined in China stays their according to some reports I&#039;ve read.</p><p><br /></p><p>It&#039;s hard to say how long the current system can last, but eventually I&#039;d think its going to be so obvious that the USA can&#039;t repay its debts without printing that the dollar will have to plunge in value. I don&#039;t see how else this can end.[/QUOTE]</p><p><br /></p>

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