| China holds like $1.3 trillion in US assets.. (US Treasuries..)
2013 Corn.. just for kicks and giggles.. say a 14 byn crop.. 14 x 4 = $56 Plus the beanies.. at 3.26 byn x $13 = $42.4 Plus throw the Wheaties in there.. at 2.13 x $7.50 = $16 = $115 bil..
Thus with $1,300 / 115 = 11.3 years.. China could buy ALL the Corn.. Beans and Wheaties for the next 11+ YEARs just with what they hold today.
Golly.. I hope they don't call the loan... ;-) |