The 3 major players that could cause a collapse of the dollar would hurt themselves if they did. China and Japan pin their currency to the US dollar to keep their exports cheap, which helps them sell goods, the largest purchase of those goods, USA. They would kill their own economy if they bankrupt the US.
Also for the Dollar to collapse, there would need to be another currency to turn to, right now, the euro is in crisis and not a valid option, there is no other currency strong enough.
As for China taking over, that would not happen, no matter if the US dollar collapsed, the Military would still operate, and no matter how big China is, they are still in no position to invade. Not saying it couldn't happen, but the likelihood is slim to none.
Re: Fucking liberals
There is 1 reply to this message