Okay, this is an important story, and they explain it well, that French fellow.
This is not too surprising, and a lot of blah blah blah, but all true.
There is one point brought up, which I found to be ridiculous, yet since it was brought, that means it is not that fully understood.
The point or objection was that the US could do something to stop this.
That is simply ridiculous.
All we have to do, is know what a Eurodollar is. That has been around forever it seems like.
So if someone thinks the US can stop anyone from issuing US Dollar denominated bonds such as China and have foreign investors like the Suadis buy them, they simply just do not know how the world works, (for the past few decades!).
Just watch, someone in the US Congress will demand this practice be stopped.