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The US dollar is backed up by the US military
by Abhishek Banerjee on Dec 30, 2007 12:03 PM

Dont take the military out of the equation. China's third class army has gained a reputation simply because it is so secretive. The OPEN secret is that China is riddled with corruption. Corruption flourishes behind closed doors. And where better to find closed doors than in the Chinese military? I say we keep our chin up, cooperate with the US and Europe and Canada and Australia; now thats a club I would feel safe in. Worst comes to worst, I am sure that US and Indian armies, with military bases in both Korea and Japan available to them, with naval support from Australia and financial backing of Europe, could easily take China down. So no need to despair. If the Chinese crooks explode a financial nuke, we can always take them down with a real one.

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Beware! This could wreck US market