Comments on: China Has Begun Dumping Their U.S. Treasuries http://neithercorp.us/npress/?p=99 Globalize This! Thu, 09 Sep 2010 02:04:07 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: giordano http://neithercorp.us/npress/?p=99#comment-109 giordano Thu, 27 Aug 2009 22:46:42 +0000 http://neithercorp.us/npress/?p=99#comment-109 Apparently Timmy, you seem much more interested in the "MSM garbage" than the important news going on right under your nose. What you don't seem to understand is that regardless of what amount of U.S. Treasuries China has held in the past, recent developments have made such numbers irrelevant. Why? Because America has incurred such an enormous deficit (9 Trillion projected in the next decade) that we NEED China and other countries to buy our Treasuries and invest in our debt. Our country's economy and our currency CAN NO LONGER SURVIVE without foreign purchases of treasury bonds. Not only has China stopped purchasing treasuries, but they have begun dumping those bonds they have already accumulated. This mean that very soon, we will have an incurred debt of Trillions with no one to invest in it. THIS WILL CAUSE THE COLLAPSE OF THE DOLLAR. I hope that is clear enough for you. In the future, I suggest you stop worrying about manipulated numbers from the Federal Reserve (try asking them to report M3 and see what they say), and start looking at the fundamentals. Looking at charts of Foreign Currency Swaps of the past is not going to help you understand what is happening today, because what is happening today has never happened before in the history of this country. Again, learn your basics before embarrassing yourself with these paper thin criticisms, I implore you. It really is a waste of everyone's time. Apparently Timmy, you seem much more interested in the “MSM garbage” than the important news going on right under your nose. What you don’t seem to understand is that regardless of what amount of U.S. Treasuries China has held in the past, recent developments have made such numbers irrelevant. Why? Because America has incurred such an enormous deficit
(9 Trillion projected in the next decade) that we NEED China and other countries to buy our Treasuries and invest in our debt. Our country’s economy and our currency CAN NO LONGER SURVIVE without foreign purchases of treasury bonds. Not only has China stopped purchasing treasuries, but they have begun dumping those bonds they have already accumulated. This mean that very soon, we will have an incurred debt of Trillions with no one to invest in it. THIS WILL CAUSE THE COLLAPSE OF THE DOLLAR. I hope that is clear enough for you. In the future, I suggest you stop worrying about manipulated numbers from the Federal Reserve (try asking them to report M3 and see what they say), and start looking at the fundamentals. Looking at charts of Foreign Currency Swaps of the past is not going to help you understand what is happening today, because what is happening today has never happened before in the history of this country. Again, learn your basics before embarrassing yourself with these paper thin criticisms, I implore you. It really is a waste of everyone’s time.

]]> By: Turbo Tax Timmy http://neithercorp.us/npress/?p=99#comment-108 Turbo Tax Timmy Thu, 27 Aug 2009 01:09:07 +0000 http://neithercorp.us/npress/?p=99#comment-108 Com'on... stop quoting the MSM garbage. Investigative journalism is a Date Late and Billion dollars short when covering the FED, Treasury, OMB, CBO etc. I would like to see... how the buying and selling have gone with the FED and CHINA and Foreign Currency Swaps/Draws/etc over YTD. Tagged milestones, highs, & lows with the information. China is holding more debt than last year, just that they're switching from longterm to short term securities. Please report accurately in the future with FACTS and appropriate links. Com’on… stop quoting the MSM garbage. Investigative journalism is a Date Late and Billion dollars short when covering the FED, Treasury, OMB, CBO etc.

I would like to see… how the buying and selling have gone with the FED and CHINA and Foreign Currency Swaps/Draws/etc over YTD.

Tagged milestones, highs, & lows with the information. China is holding more debt than last year, just that they’re switching from longterm to short term securities.

Please report accurately in the future with FACTS and appropriate links.

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