While it is never perfect trying to say 'that's the way things were, it will continue to be', those who don't even have that much of a track record should watch their mouths before bitching about 'hurrrrr collapse of dollar huuuurrrrrr'.

For every dollar America owes to the world, they owe about 0.9 dollars back. Since interest rates on average is higher for American-owned foreign debt, we are at the very least breaking even on an yearly basis - hence the economic growth of 2.5 this year which is rising.

I wonder how many people are aware the world owes money to america as much as US owes them. Not to mention all the foundation of global economy runs on American will and backing. If America were to back out of global economic engine, the ENTIRE WORLD will fall into long half-century severe depression, with America experiencing recession, from which we will recover within 10 years.

China? Their economy is in the end too dependent on concentration in the hands of few, much more so than America, not to mention their attitude makes enemies of their numerous neighbors. Not to mention they really haven't weened themselves off of export trade based economy by any stretch of imagination because relying on domestic market means redistribution of wealth, which means more voice to the common people - and aspect HATED by upper rich class in china. More to the point, their culture is too child-like in its mentality to act a leader. The old saying, 'China talks, no one really listens' has a real basis.