Wednesday, October 7, 2015

Once the Biggest Buyer, China Starts Dumping U.S. Government Debt

News
China has reduced its holding of US Treasury securities by $30.4B to $1240.8B (1.2408T) since June as the Chinese Mainland economy contracts and US potentially battles over raising the debt ceiling again. History shows us numerous panics and crises that leaders once thought could be prevent by kicking the can down the road. Smart money knows that the can kicking solution prevents nothing; they also anticipate that it will make things worse when TIME is up.



Headline: Once the Biggest Buyer, China Starts Dumping U.S. Government Debt

Central banks around the world are selling U.S. government bonds at the fastest pace on record, the most dramatic shift in the $12.8 trillion Treasury market since the financial crisis.


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