Do you know how much of the US government's debt China holds? Over 1 trillion dollars, taking the second place among all foreign holders of the US debt (with Japan being a little ahead). Just curious if you are still going to support the idea that China is ready to see the dollar crash. And while many people naively think about how much America owes China, it is in fact the other way around. This "debt" essentially shows how much China depends on the US. Just ask yourself why China would ever want to buy US Treasuries which this debt is made up of

And the takeaway is that if America goes downhill, China will follow twice as fast