Reply #7: Well, of course. A convenient scapegoat for Wall Street and corporate America!

[Better Believe It]

Actually it is the Chinese capitalists who are trying their best to save the American economy with their purchases of U.S. securities. They don't want the U.S. economy to totally collapse and bring down China and the world with them. But, their pockets are only so deep.

Like Scheer pointed out: "And I think the resistance of the impulse to demonize China, to look for scapegoats … the fact is, it was the U.S. economy that messed up the Chinese economy, not the other way around."