4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
China, by far the largest single owner of U.S. Treasury debt, has been abandoning Treasury bonds to invest directly in U.S. land, building and businesses. Recently, China entered an agreement with the European Union to swap currencies, forgoing purchases of U.S. dollars -- the world's reserve currency -- to finance transactions. Both of these activities are a consequence of the risk associated with astronomical U.S. debt, almost doubled since President Obama took office. On October 11, China called for the world to be "de-Americanized," its leaders ridiculing Washington over the shutdown impasse.
It is against this backdrop of real events that Dragon Day, a tense thriller set to release November 1st, depicts a Chinese takeover of the U.S. after our government defaults on its debt. Dragon Day Director Jeffrey Travis says, "When I would pitch the film to people, I could rarely finish the logline before the reaction was "Oh my God, that's really going to happen". Our joke was we had to finish the film before it became a documentary.
Given where we are today, that may not be so funny.