Reply #7: The Chines are smart shoppers. Using the "strong" dollar to buy up assets.

[Tierra_y_Libertad]

Everything from mineral rights in Australia, to Oil contracts in the middle east, to both in South America and Africa. They are propping up the dollar with their continued loans which we need just to survive for good reason.

The problem(s) is that the "strong" dollar (U.S. Treasuries) that, not just China, other countries are buying is creating a massive bubble.

All it will take is China to start divesting it's Treasury holdings and a panic will set in. Dropping the value of the dollar, and America's credit, precipitously.

The U.S. has no choice but to work with China in handling the financial crises. We have much more to lose than the Chinese.