- China Wields Tremendous Power over the United States with Disastrous Results - December 21, 2012
China now has accumulated approximately $3.2 trillion in convertible currency reserves, of which nearly $1.2 trillion are held in U.S. treasury bonds. This has happened through their escalating balance of trade surpluses with America – they sell to us much more than we sell to them. In the process, China[...]
Share This With Your Friends:
