Chinese Central Bank research head issues dubious report

From the surreal department this week:

China loves the US dollar again as America roars back

Jin Zhongxia, head of the central bank’s research institute, said America’s energy revolution and export revival had shaken up the global landscape and would lead to a stronger dollar over time. “The dollar’s global dominance will continue,” he said.

Not sure what reality this fellow lives in, but in the reality I'm examining United States is on projection to:

• Spend $38 trillion in national budget over next 10 years
• Spend $14 trillion over 10 years purely on borrowed money (deficit spending)
• Bogus sequestration debate going on right now only refers to cuts of $1.2 trillion over those same 10 years, with "sky will be falling if those cuts are done" propaganda to use scare tactics even about this issue

Nothing about the propagandized and in-denial state of today's American fiscal policy has anything remotely in sync with predictions in that report. Name me one state or empire on the face of this planet which built its way to prosperity with a perpetual welfare-warfare policy. Oh right, The Roman Empire? Proves the point.

And that's just a point about fiscal policy alone. I'm not even referring to the smoke and mirrors monetary policy.

Could the statement from Chinese Central Bank have anything to do with the fact that: They are stocked up on such an enormous load of US Treasuries, and are forced to keep them propped up with not many avenues left to unload them? A sort of calm before the storm perhaps?