My hubby was talking a touch on this long ago...but this is his bit...mind you he's sleeping so it's not in his own words-be thankful he's very passionate about this stuff-
ANYHOW with our national debt our treasury just turns to other countries for money-Tbills ect. China is like the second leader in lending to the US...
SO he said he smelled a fish and it was between the US and China..think about it ...we owe them x amount of dollars by x date...they've taken over SO much of our production already, why not put another nail in the coffin....
I tried to find a good article but i'm tired but here is a link with the whole money lending issue
http://www.theatlantic.com/doc/200510u/nj_schneider_2005-10-25