Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RobertClark

I suspect that China can unload a lot fairly quickly by simply not rolling them over as they come due. I don’t know this for a fact, but it seems logical that they are holding short term stuff.


35 posted on 04/24/2011 10:22:29 AM PDT by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: ChildOfThe60s
I suspect that China can unload a lot fairly quickly by simply not rolling them over as they come due. I don’t know this for a fact, but it seems logical that they are holding short term stuff.

Therein lies the problem. If they do not accept new debt in increasing amounts as payment for the maturing bonds, we have to 'pay the note'. Where in heaven's name are we going to get that much cash from? Printing it would collapse our currency into a Zimbabwe style hyperinflation.

40 posted on 04/24/2011 10:34:30 AM PDT by RobertClark (I carry a gun because I can't hurl a rock at 1263 fps.)
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson