Tuesday, November 26, 2013

Will the day come when China will dump U.S. Treasuries?- Nikkei Asian Review

Having served as a foreign exchange and precious metals adviser at an exchange and a bank in China since 2002, I have watched from inside China as the country opened its markets. As an adviser, I keep a close eye on China's holdings of U.S. government bonds; lately, I find myself wondering whether China will continue to hold U.S. Treasuries at a time when the U.S. government has put off solving its fiscal problems. I am also asked in Beijing and Shanghai what Japan -- the second-largest foreign holder of U.S. Treasuries after China -- will do.

Past data indicate that the U.S. government bonds owned by China and Japan have edged up and down relative to each other. About a year ago, Japan's holdings closed in on China's. Earlier this year, however, the difference again widened. But in August, China's holdings fell from their July level while Japan's increased month on month. Attention should be paid to China's and Japan's holdings beyond October, when the U.S. debt ceiling issue hogged the headlines.

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Comment: Why do you think there's all this saber rattling going on. People want their money and the U.S. aint paying up! If China can't get its money out of the American's they'll take it out of the hide of their Japanese friends.

Eventually the Obama-Nation of Desolation as spoken of by the profit Daniel will start another war, bigger than the pittily little Middle East stuff that he and his predecessor did thus far just to cover the tracks of his master's at the Federal Reserve Bank and his six O'clock in the history books. That is of course if there will be any history worthy enough to make note of after they get through bombing us all back into the stone age! 

Wake up and smell the Fascism folks. America, land of the free and home of the brave is now well on ots way to becoming the land of the deceived and the home of the slaves!!!

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