Saturday, June 4, 2011

Re: Red Alert! China Dumps 97% of Its U.S. Treasury Holdings

On Jun 3, 10:12 pm, Travis <baconl...@gmail.com> wrote:
> Just got this and have no other info.
>
> Friends, this is what we've been dreading. The killer punch is dealt to the
> U.S. economy. China -- the country that purchased most of America's debt in
> the form of U.S. Treasury notes and bonds -- has divested 97% of its
> holdings.

Travisty, unfortunately this is not the case nor will it be no matter
how much you wish it to be true.
I mean, you hate America more than the avergae American, but you're
just a ridiculous hick for the most part.

Not only can't China sell that amount of securities to other countries
(assuming of course said countries would/could even buy it),
but China would then lose most all of it's export market, thus ruining
their own economy.

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