Frightening that this man taught young minds, Paul Kane suggests the U.S. give up Taiwan in...

|By:, SA News Editor

Frightening that this man taught young minds, Paul Kane suggests the U.S. give up Taiwan in exchange for forgiveness of $1.14T in U.S. debt held by China. As Pat Chovanec explains, China's reserves aren't sitting in some piggy bank waiting to be doled out, but are instead in the Chinese economy as yuan. China can't "give away" anything anymore than someone can sell a house without taking care of the mortgage.