Chapter 11

What struck me most about this chapter was the section about our relationship with China due to loans, debt, interest rates and exchange rates. Personally it freaked me out. It kind of seems like we keep screwing over China and they keep letting us. Unfortunately the "not-so give and take" relationship is hurting both nations.  Wheelan pretty much summed up my fear when saying that although both China and the US are negatively impacted by the economic relationship, "still, that's an awfully powerful weapon to give a nation with which we often disagree." What if China gets together one day and says, "we want all of our money back, or else!" As much as we all hope that neither country would use war as a threat, in simple terms, history has proven that humans are mean to each other. I'm confused why exactly China hasn't become more upset about the money we owe them, and also why we keep borrowing money from them. It seems like a huge hole that just gets deeper and deeper. This is all fairly obvious but it really freaked me out and I feel like it should freak out other people too (cough the government).