They have no need to invade us. They already have our dollars. Last I checked they own one trillion in US Treasury debt instruments. The good news is that is still the safest investment and in some bizarre twist they have an incentive to not jeopardize that. They are still on a track to have the largest economy again, but that may still take a while.
I think you’re correct, there’s no need to invade the US. They’re just going to work with the BRICS countries to put an end to the Petro-Dollar and the US dollar as the worlds default currency. Buying and selling oil in currencies other than the USD.
The US treasuries aren’t performing well and are not a safe bet like they used to be. I believe that is PART of the reason you’ve seen a couple of these banks fail. Not to mention, there are other factors that not dare be mentioned on this forum.
Our government may be doing its best to put an end to petroleum in this country. However, other world powers such as Russia, and China etc, are going to continue to buy/sell/USE oil. Most of the world will continue to operate with fossil fuels and petroleum products. These very poor countries need cheap energy no matter what. Poor countries do not have the money to invest in renewables. This will allow China and Russia to buy/sell oil. Becoming more wealthy and more powerful.
For reference, Will did a video on China versus America a while back. He laid it out very well. Too many people in this country have become fat, lazy and hooked on social media. Too many people in the US have first world problems and really, truly forget other nations around the world need to operate at the cheapest cost no matter what just to survive daily. IE; oil.
So, therefore China being the worlds largest economy, in my opinion, won’t take as long as some people may think. I guess we’ll see how things play out?
Living off grid, trying to make myself as independent and self-sustaining as possible. In preparation for when things go bad, hoping they never will.
Many opinions on this subject however....
Edit: PS: Not to forget how much debt we owe to China in US treasury as you mentioned!!