[Mr. K]

There was a story last week about a 450 billion dollar exchange of some currency last week that was STOPPED before it could go to several trillion.

That sounds to me like a deliberate act of War.

Who did it? Why wasn’t this all over the news? It could have crippled the enire US economy overnight (if you think THIS economy is bad, you have no idea)

[alicewonders]

That sounds to me like a deliberate act of War.

I think the first attack happened last fall.

[crosstimbers]

Where can I find the article you reference?

[Mark was here]

That sounds to me like a deliberate act of War.

How they value their property, even if it is our worthless IOU's, is their business. I don't get this act of war business. If we did not want them to have our IOU's, we should not have borrowed their stuff.

[glorgau]

Rule #1: Don’t panic.

Rule #2: If you have to panic, do it first.

[griswold3]

$450B last week????
I’m still trying to determine the facts about the giant Chinese default on derivative last NOVEMBER!

[PghBaldy]

Do you have any more info such as a link or a source? TIA