A worse financial crisis looming?

I'm as lost as you, man. Pretty incredible to think about.

Watched that whole video and find his reasoning very justifiable but he leaves out facts like how although China is selling US T-bills they still own over a trillion in them. Could you imagine what would happen to the Chinese economy if the value of these essentially went to zero. Do you really think they would let that happen?

I know.. I know, there help would probably include financing the US with more debt and possibly prolonging our inevitable downfall but who's to say things couldn't even out. Also, If the US starts running a trade surplus (which they have) they will slowly begin paying back our deficit.

Imagine if 1 out of every 5 people in China began to purchase automobiles made with the steel that was produced here in the US. That would mean billions of dollars in taxes coming to our government through corporate entities involved. This is something that is very likely to occur, due to the incredible amount of money being spent on infrastructure in China right now.

I know that this is a fairly limited argument but just think about the 100's of industries and ways they could feed money back into the US Economy.