People perceive these as risks rather than opportunities, which cause some to engage in self-destructive behavior by buying overvalued supposed riskless assets, such as US Treasuries, and selling incredibly profitable, yet highly discounted dividend paying blue chip stocks, which provide safety and income at bargain prices.

FORBES: Opportunity Knocks

Such a move would encourage higher US employment, greater tax revenues which the Americans desperately need, and it would force American politicians to deal with our longstanding fiscal imbalances as interest rates would likely rise because China would stop being such a big buyer of US Treasuries.

FORBES: What the US Might Do About China's "Go Slow" Approach to Revaluing the Renminbi