It's Probably Nothing

Not sure if one can attach much significance to this. Zerohedge called this "news" a "superficial attempt at clickbaiting'.

This seemingly dramatic change in Chinese holdings of US Treasuries becomes insignificant in light of the fact that less than a year ago China was holding even less of these short term treasuries, and especially if we noted what a trivial part of the overall Chinese holdings of US Treasuries it represents (long term holdings are orders of magnitude larger).

http://www.zerohedge.com/article/china-dumps-us-bonds-attempts-clickbaiting

This being said.... It does seem that overall China is slowly reducing its US Treasury holdings.

These are not the economic warning signs you are looking for. Now move along...

On the other hand with China's huge holdings of short term debt, you are unlikely to see the engage in substantive criticism of CHina.

"Hello Mr. President, please stop or I'll play merry hell with your economy."

The good news is that China needs the US to keep buying crap. So there is and element of restraint.

No one here has asked the obvious: who was dumb enough to buy the holdings and what did the Chinese buy with them?

Rats leaving the sinking ship?

the Chinese have been dumping US backed paper on the open market then re-investing in raw, in the ground resources including the oil sands and various other mineral sites in north america.They have managed to convert o'bamas unicorn dust into tangible assets preparatory to the crash.

These news are those globalists here who foamed at the mouth convincing me that China invests more in the US than amount of foreign trade deficit.

Your delusional utopia going out of the window with a smoke.

Many years ago, I stopped buying Canada Savings Bonds.

It seemed to me the availability of money from the bonds encouraged irresponsible spending.

My opinion has not changed since.

OK so the Chinese are selling but who in their right mind would be dumb enough to be buying?!?

Would you buy stock in a company that has consistantly lost money for many decades?

Then why would you buy government bonds?

A possible precursor to the U.S. dollar losing its status as the world's reserve currency. When and if this happens ... well, I shudder to think of the consequences.

" Bye bye , miss American pie, drove my Chevy to the...."

Joe >

"OK so the Chinese are selling but who in their right mind would be dumb enough to be buying?!?"

Would you believe the US Treasury and the Federal Reserve? Yup, not sure about these particular treasuries but that has been the historical norm.

China has been buying US debt for some time now. By doing so, they have kept their currency lower in relation to the US dollar to maintain their trade surplus. They must mow realize that the US consumer is almost bankrupt and it is probably better to focus on building their own internal economy.

Anyone wanna bet the Saudis are buying up said paper???

The American Government is buying them back for a song on the sly.
To forstall the inevatable Deppresion until 2012 is over.
Follow the money folks.

Oh, for pity's sake. This is alarming only to financial idiots.

T-BILLS are short term (less than one year) notes that currently pay next to nothing in interest. They were, and are, a miniscule part of China's holdings which are mostly Treasury BONDS which have longer maturities (2 to ten years), and which pay substantially more in interest. Given the decline in the US dollar, holding on to T-Bills is a sure fire way to lose money; the higher rates on T-bonds at least give you some protection.

If China were to reduce their holding of T-Bonds substantially, I'd be worried. That hasn't happened yet, although it may if Obama continues doing sex to them.

I'm more worried about the empty cities the Chicoms have been building. I mean, how long can a country go on building housing that sits empty and physically depreciates as the price of said empty depreciating units is driven upward by speculation.

And we thought the Dutch had the market cornered on crazy with their Tulip Trade thing.

I think it is a strong sign the IMF is planning on moving to a new global currnecy soon. Russia and China had closed door meeting earlier and have been unloading the greenback ever since. The collapse is inevitable Imo . Load up on precious metals people.

I think it is a strong sign the IMF is planning on moving to a new global currnecy soon. Russia and China had closed door meeting earlier and have been unloading the greenback ever since. The collapse is inevitable Imo . Load up on precious metals people.

I think it is a strong sign the IMF is planning on moving to a new global currnecy soon. Russia and China had closed door meeting earlier and have been unloading the greenback ever since. The collapse is inevitable Imo . Load up on precious metals people.

Sorry for multiple posts my Internet provider is on drugs today.