china persists in refusal to buy U.S. treasuries

[Large Sarge]

http://www.zerohedge.com/news/2012-11-17/china-persists-refusing-buy-us-paper-foreign-ltm-purchases-treasurys-plunge-three-ye

[Twisted Titan]

The fuse has been offically lit on the T Bill neutron bomb.

Everybody is acting like this non issue but trust and believe the stage has been set for you to wake up and a Rollover type scenario going down.

Dimiss it at your peril

[singular_me]

good move...everything works according to plan, why would chinese bother buying worthless Tbonds anyway as they have bought some US ports and so many companies already. They are all set!!

[Ponce]

Well, I did learned my lesson with my X attorney......never could pay me back the principal of $140,000 and then he had the guts to asked me for another $42,000 hahahaahahahahah.........do once shame on you, do it twice and so on.

Glad to see the China has already learned their lesson.

[Spectrism]

We are seeing the federal reserve buying up the T-bonds. This does two things: it kicks the can down the road preventing an immediate default by the US government, and it puts large amounts of US debt into the hands of international bankers (whose fake money costs them nothing anyway).

When they want to crash the system, they will explain to the silly taxpayers what a good deal they have arranged with the new global currency. The new deal will provide a narrow opportunity for the patriots (Joe Biden's concept) to pay off the national debt in a discounted amount, to foreign powers holding that paper. Those foreign powers will be the bankers who printed monopoly money in exchange for our national treasures.

Chinese are too busy buying gold, copper, rare earth metals and energy assets around the globe to be stuck with devaluing debt instruments. In return, the Chinese sell us cheap crap that is near worthless and polluting, while they build up a military force to equip their soon-to-be disenchanted populace.

It seems that Japan made a deal with the devil too... and are not allowed to back away like the Chinese. Japan is too dependent upon the devil whereas the Chinese have now got plenty of muscle to flex.

[mick silver]

but but china needs to think about the kids

[Ponce]

I am not "worried" about the Chinese kids......they are so smart that it is scarry....and that's why I know that in the future China will drag the US in the dirt...........those now were farmers where in the future you will have thinkes and those who will move the country forward.........for a long time I have been talking about the education of the US kids and why we will fall behing when compared to the rest of the world...........by the way, the US is now #19 in the general education and Cuba is #12, but that's only because we don't have all the modern equipment needed........or maybe that's why they are #12 because we only use paper and pencil like I want the kids in the US to do.

[gunDriller]

it's pretty obvious where this is going.

over a cliff.

between China stopping loaning money to the US, and the US forcing Iran to find alternative currencies with which to sell their 100 billion barrels of oil, it becomes real obvious - the only way for the US gov. to pay their bills is by creating money out of thin air.

[Libertarian_Guard]

http://i50.tinypic.com/15yvxah.jpg



http://www.youtube.com/watch?v=-_N0Cwg5iN4&feature=player_embedded
Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It!

[Libertarian_Guard]

http://i45.tinypic.com/1hf32o.jpg




Another way of looking at this.

[Spectrism]

OK, anyone who can speak the truth without lying just look me in the eye.


http://i45.tinypic.com/1hf32o.jpg




Another way of looking at this.

[Libertarian_Guard]

http://i45.tinypic.com/eprubp.jpg

[Horn]

it's pretty obvious where this is going.

Yeah World-O currency, and every country on Earth will be forced to share the pain.

Either that, or Silver pieces of eight will be accepted in every 7-eleven.