China Flaps Its Jaws (Again)

BEIJING (Reuters) – Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

Oh really?

Our President can, with the wave of a pen, reduce our outstanding Federal Debt by a trillion dollars. He can issue an executive order that declares that every bond the Chinese Government holds is worthless.

What are you going to do about it?

You don’t seem to have any of these:

via China Flaps Its Jaws (Again) – The Market Ticker.