[mikelike]

What happens when the rest of the world catches on to the Fed/Treasury Ponzi scheme?

[chuck_the_tv_out]

Attacking the US economy from without, while their man attacks it from within.

[ClearCase_guy]

I think this is sending a signal before tomorrow’s big bond sale. No one wants our stuff. Russia is publicly demonstrating this, perhaps to encourage China’s refusal to buy US bonds tomorrow.

[Prophet in the wilderness]

The house of cards are tumbling down.

[b4its2late]

House of cards.

[brydic1]

The Chinese government which may have bought aprox 13 billion dollars of 30 yr US Treasuries in April of this year finds they are presently worth only a little over 11 billion dollars today. So much for the safety and reliability of the U S Treasuries. To lose near 2 billion dollars on a 13 billion investment in two months on the the most gold plated investment in the world would give me a heart attack.

[NeoCaveman]

What happens when the rest of the world catches on to the Fed/Treasury Ponzi scheme?

First one out gets out whole. And that's about it.

This, of course, is economic warfare and we are unarmed.

[noah]

This is nonsense. There is no swap market for this trade.
They must SELL their US securities and BUY IMF securities.
Lots of LUCK in these transactions.

[brydic1]

What the Russians do or do not do in terms of the purchase or sale of our treasuries is not worthy of much consideration but it is symptomatic of the mindset of all other governments particularly the Chinese government towards the purchase of our treasuries. While the treasury auction may be oversubscribed that in itself means little. It is a what level they will purchase same. Should it be at 4%, 5%, or 6%. These higher level interest rates will put a crimp in U S budget that may well exceed the costs of the numerous and never ending bailouts.

[CharlesWayneCT]

Isn’t most of the IMF money just our money anyway?