My Proposed Diplomatic Response to this situation:

Bonds? What Bonds? We didn't sell you guys any goddamn Bonds. Those things Must be counterfeits from the Beijing Black Market, go trade them for some bootleg DVDs and Nikke sneakers.

this is what you get with lack of foresight.

s/with lack of foresight/when you fuck a stranger in the ass/

an interesting MAD scenario would then result in an embargo on all goods from china.

all those nikes and no ballers to wear em.

cept for that yao ming guy.

Fuck China,right in the mouth.

Yeah, but starting a run on the dollar would fuck them as much as us

yeah, it's like 'you want to cash out? fine. let me back up my thirty dumptrucks full of dollars for you. hope you enjoy the 5 loaves of bread you can buy with them.'

Taking the long view, I don't think it would fuck them very much. They have a couple of things going for em that kinda trump the western industrialized world:

1) Huge natural resources.
2) Most of the world's cheap labour.
3) A willingness to circumvent messy things like 'standards'.
4) Customers (other than the US) that are willing to exploit this.

Not to mention the largest potential native market on the planet , (again, taking the long view) wait till all these fuckers start to keep up with the North American Joe Sixpack.

Here is a fun exercise, grab everything on/around your desk without leaving your chair, note where it is made.

My desk:
Starbux mug- China
Calculator – China
Monitor – China
Keyboard – China
Phone – China
Pens – China
Safety Glasses – China
Sunglasses – China
Plastic cup – China
Voltmeter – China
Goofy fake alien baby in jar of fluid – USA
Contact Cleaner – China
6 Alloy Rims – China
300 abrasive (silicon carbide) polishing belts – China
Sample of Nickel Sulfamate, which we literally buy tons of – China
3 ft of Niobium plated Platinum mesh – China
Stopwatch – China
Calipers (lab grade) – China
Flexible shaft grinding wheel tool – Switzerland
Book of 101 amazing magic tricks with a Svengali deck – USA
Doc Marten Boots – China (weird, I thot it would be UK and wanted to throw a UK product into the mix)
Moleskine Notebook (the notebook of Hemingway, Picasso, Gaiman, Van Gogh, Oscar Wilde, and LORDKAHUNA) – China
Garbage can – China
Recycling Box – China
Dental Floss – USA
Linux Penguin – China
Molded polyurethane pad for oscillating polishing tool – USA
Leather Work gloves – China

I dont see how an embargo would ever fly.

I grabbed my penis, but it's not labeled? Help.

Christ, kahuna, no wonder you like the little yellow sideways-gashers. They provide you with everything you use. You better cut that out.

(Deliberately obtuse in order to enrage thee.)

I think we found out who the professional testicle removers are... 1 point for China

yeah yeah economic doom and gloom, I'll believe it some day. Now go shore up the bonds.... er, stock market you scared investors, interested in some gold?

economic saber rattling; while an outright run on the dollar would greatly benefit the cause of global fascism, it seems to be a fair assumption that the world would rather not see the american solution to economic depression.

Will things change as we find more and more cheap Chinese Products are shit??

Fisher-Price recalls millions of Chinese toys...

46 Million Nokia Cell Batteries Defective

The New York Times
Aug 14 2007

Nokia, the world’s biggest cellphone maker, warned consumers yesterday that 46 million of its handsets contained defective batteries made in China that could in rare cases overheat and even dislodge during recharging.

Whats next??