[OneTimePetes]

China will value internal stability and safety higher then external investors.Internal lenders will get securities and partial payments, while BlackRock and other will be left holding the bag and getting a hair cut.

This results in private pensions funds being devalued, meaning alot of "early out" pensioners might return to working, if the investment collapse spreads. It will also continue to drive the market value of flats in western cities even more upwards, as they become a AAA-haven for china fleeing capital.

[lotsofpulp]

Yes, this is all good news for US equity markets.