Originally posted by Mad Johnny:
China could ruin the US overnight if the Chinese government dumped all its American currency. India could do the same.
America has no heavy industrial base to support itself in a global conflict. So much of the steel and other metal in today’s military comes from overseas.
You do know that we do have safeguards when it comes to American currency in the world market, right?
Don't worry about America and supporting itself in a global conflict. American's will always outdo any and all problems if they need to. Just ask the Japanese after they made the same mistake during W.W.II.
Maybe you should check your facts on steel imports. They may try and dump cheap steel here, but if you look countries like China are buying US steel at a record pace last time I look. China's own steel is mostly use to supply their own demand in their own country.