In a diplomatic act China and the USA came together over a common denominator. Let's say we admired their potential for economic growth and purchasing our products. There is a 'trust' relationship in that diplomatic act that cannot be violated, otherwise, all kinds of problems erupt.
The reason China loans the USA money and the reason China has so much economic interest in the USA is because of our assets, our people, our belief in them and the relationship that has existed from the time that diplomatic act engaged the relationship.
The reason the Great Wall of China is a national asset is because it earns money through tourism and as a landmark for China. There is a great deal to admire in The Great Wall of China and that wins certain interests that are not even tourism. The USA has the same thing in their National Parks.
China loaned the USA money because they believed the USA would be an ally in economic development for a long time. In that 'understanding' was that China would have the right to market their products in the USA to build an economy domestically in China.
China felt SECURE in loaning the USA money because there is a RELATIONSHIP that China controls that benefits the Chinese people. Their products come to the USA, the American people purchase them, within that dynamic is an element of SECURITY in the monetary loans to the USA. China has a VESTED INTEREST in the USA's domestic economy as well as their own and therefore they have continued the RELATIONSHIP to support the lending needs to the USA.
China is not a democracy. It is a communist country with no desire to go to war with anyone quite frankly. The USA gave China the technology to assist in a Chinese Space Program that is the pride of Chinese prosperity. A space program is a symbol of security, national pride and power and the sovereignty of the people. It is a modern day technology that no one ever dreamed the Chinese people would be capable of even launching, yet alone building. The same was true of the Olympic games held there. They are accomplishments that make statements to the world of the capacity of the Chinese people.
This is going to sound 'counter-intuitive' but China is a very benevolent country. A little naive at times, but, benevolent in their 'interest' in most other countries in the world. We don't really approve of the power the Chinese have mastered on all venues because if feels like a threat to us, but, the willingness of the Chinese to have an interest in the USA's economy is a benevolent act especially to the extent China has invested in us.
I am not referring to just the monies we owe, but, also to the 'interest' China has in the USA economy that directly feeds the Chinese people, both literally and figuratively.
So the 'idea' that we can 'starve the beast' of the USA economy in some hideous idea about an austerity agenda is not just foolish, it is incompetent and very under informed. If hatred is dominating the legislative agenda in the House then there is profoundly huge problems facing the USA that someone needs to resolve. This is a dynamic no one wants to breach. I promise you.
If the world witnesses the "Fall of the USA" that leads to impoverishment of its people while their own economies waste away, they won't stand by silently to witness it. I am fairly confident of that. The first 'symbol' of hostilities is removal of diplomats. This is no joke. Japan is an ally engaged in the same dynamic and their country cannot tolerate the destruction of the USA economy. Japan won't simply wring their hands and allow their country to sustain more and more stress.
This is a dynamic that no one should be playing with and the politics should never have been introduced at all.
