>>But since the Chinese own so much of our debt, it's only a matter of time before they start asking for payments.
>
>Actually they own only a small portion of our debt, about 8%.
>
>This reminds me of the way Japan was regarded circa 1980. There was rampant fear that they were going to eat our lunch and become the world's leading financial superpower. It hasn't quite worked out that way, has it?

So, the solution is to sic the banksters on China now?