[dennisw]

For those who don’t know——

China does buy our crap T-Bills anymore so the private (bankster owned) bank known as the Federal Reserve does. One day these banksters will squeeze the US Government on payment.

Said banksters already have the USG over a barrel. Go along with what we want or we stop buying thus forcing up your cost of borrowing thus forcing the FedGov to reign in spending. Meaning the Democrats don’t have the money to buy votes.

[Olog-hai]

I remember reading that Red China will only buy T-bills in increments that don’t limit the ability of the jen-min-pi to appreciate in value. The only reason they were buying them was to gain influence in DC anyhow and subvert the federal government; I figure that the effort paid off for them.