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To: Pontiac
Chinese already dumped one third of their U.S. treasury holdings, which did not cause any real problem. Such a sudden sale would actually hurt them more than U.S. because it will crash the price, and Chinese will get far less than what they paid for when they first bought them.

Just about every major economy today has a huge debt problem. Some are in better shape than others. Surprisingly, U.S. is one of the stronger ones. When crisis hits, more money will flood into U.S. than go out. China has a serious capital flight problem. Much of it found its way to U.S., driving up real estate price in many places. The financial crisis first started in U.S. and its ripple effect hit all corners of the world. Those places are the ones which are likely to fall first before U.S. does.

17 posted on 12/31/2017 2:58:40 AM PST by TigerLikesRooster (dead parakeet + lost fishing gear = freep all day)
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To: TigerLikesRooster

“Chinese already dumped one third of their U.S. treasury holdings,...”

Dumped? Or allowed to mature in cash and spent?


31 posted on 12/31/2017 7:01:32 PM PST by narses ( For the Son of man shall come ... and then will he render to every man according to his works.)
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