What happens if China FINALY says enough is enough and takes a small financial hit to cripple the American "empire."

Sells half of its position in us debt and buys all the resources it needs for the next hundred years.

Oriental people think long term not in terms of instant gratification like the west.

In this case anything denominated in dollars will soar in value. Then China could say ok we will revalue our currency to be backed by real assets and not promises that will always be broken.

And by the way USA. YOU HAVE NOTHING WE NEED so you can take your paper and burn it.

And what would the USA do in response...???

Start another war over it.... Very possible if we were not already in 2 wars and have already "more less" destroyed the dollar already. So at that point what could the USA do other than become slaves making toys for China?

It's about time China takes care of China and now they can do so with little risk of war from their biggest trading partner.

The Chinese would just be giving the USA what they ask for right.?

That's my .02. And in case you are wondering I'm from the USA.