Is the piper about to call the tune on Taiwan?
Stroking into chaos.
(By Ed Morrissey, Hot Air) - China holds trillions of dollars of American debt, making them our primary creditor. Given that China often takes foreign-policy positions in opposition to our national interests — especially regarding Iran and Taiwan, the latter of which they consider a domestic issue — that relationship has always held a certain amount of peril for our country. Until now, most analysts assumed that China would not do anything to damage its own economy by manipulating the bond market, which would cause them damage, but pressure from the military over the issue of Taiwan could lead to an attack on the American dollar and our financial standing...
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