Dissenter

Why Economic Stagnation Will Continue

Author wrote: "Furthermore, the time to act is now. If we wait a few more years, China may have moved her US assets from long-term bonds to stocks and IMF SDRs. At that point, she will be able to crash the dollar without harming herself. "

How can China quietly move over a trillion dollars in US treasuries assets to stocks? Who would buy the bonds? Other foreign countries? I doubt it. The U.S. government? That would devalue the dollar, which China fears, making our products more competitively priced overseas.