Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it.
Many have assumed that the Chinese simply wanted some new international currency to be created. But what if that is not what the Chinese had in mind? What if they have always wanted their own currency to become the single most dominant currency on the entire planet? What you are about to see is rather startling, but it shouldn’t be a surprise.
China owns around 1.3 trillion dollars of the United States’ debt, but recently Chinese nationals have been heavily investing in different sectors of US economy. So, how much of the US does China own?
And it isn’t just all of that debt that gives China leverage. In recent years, the Chinese have been buying up real estate, businesses and energy assets all over the United States at a staggering pace. Read more at theeconomiccollapseblog.com
For a small taste of what has been taking place, check out the video below…