Were I Chinese leader looking upon this while my sovereign fund was full of rapidly inflating dollars, I'd have to wonder what the hell I really needed the United States for. I would have to think that one of my better options wold be to buy up distressed properties in the US and manage them in way that suited me best. Were I an Arab leader I would have to look upon the US in the same way. Even Norway is in a position to buy a big chunk of the United States and why not? The US dollar is basically just a high grade of toilet paper. They may as well swap dollars for something that has actual value.
Adam SmithDec 3rd, 2008 - 04:26:37
Were I Chinese leader looking upon this while my sovereign fund was full of rapidly inflating dollars, I'd have to wonder what the hell I really needed the United States for. I would have to think that one of my better options wold be to buy up distressed properties in the US and manage them in way that suited me best. Were I an Arab leader I would have to look upon the US in the same way. Even Norway is in a position to buy a big chunk of the United States and why not? The US dollar is basically just a high grade of toilet paper. They may as well swap dollars for something that has actual value.
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