The casual joke turns on China knocking on our door in the middle of the night on a repo call. Like a lot of jokes it’s a way of laughing off a genuine fear – that they US is slowly being owned by a nation that isn’t exactly friendly and we have no reason to trust. Paranoia sometimes sets in when people wonder why China would loan us all this money in the first place – has this been a plot all along?
A hard look at the Chinese Dragon shows that not only is there little to fear from them, they have far more reason to be afraid of us. And they’re pretty open about it, too.