Threaten to ruin us economically for not paying back our debts back in a time manner. We're talking far worst than The Great Depression about sending American into total economic collapse. Mass chaos and civil unrest, the collapse of our currency. We're unable to get imported goods, no gas, no heating of homes, 100 million people freezing and starving.
My question to you, how do you think America respond if America truly believed China's action would turn us into a 3rd world country?
Theyve done it before. They told Clinton that if he didnt support the yuan he would crash the US economy before he made it back to the US.
They've also threatened to obliterate Los angeles.
China keeps their dollar low on purpose so the us can afford their goods. If China were eto raise the value of their dollar to match the us, the united states would probably start building more manufacturing but you could kiss a lot of stocks goobye, 99cent stores goodbye., and generally a lot of not having fun. CHina would be ok in some regards because all you really need to survive are food and water which they have a lot of.
Im not sure what infrastructure the us has in place to combat a rush on grocery stores.
Now if China raised their dollar and Africa had the military to demand better prices for their goods,

HOE MY GAWWWWWWWWWWWWWWWWWWW!!!!! you might have to move back to africa friends.