Clintonomics, 2nd edition

Hillary Clinton writes a letter to the Fed Chairman and Treasury Secretary and worries that

we can too easily be held hostage to the economic decisions being made in Beijing, Shanghai and Tokyo.

To me, this seems excessively alarmist and a bit xenophobic. I am skeptical that economic policy decisions made abroad could hold the U.S. economy hostage in any meaningful sense. But click on the link and judge for yourself.