[riverdawg]

“I’ve also seen some rumors they plan to transfer ownership of large tracts of land to US bond holders. Essentially China would take over California.”

Buying large chunks of U.S. real estate didn't work out too well for the Japanese in the 1980s, when we had a large trade deficit with them. Much of it was eventually sold at a steep discount from the original purchase price.

[driftdiver]

I don’t think buying is part of whats being discussed. US Govt taking and then transferring ownership.

I’ll see if I can find a link.

[driftdiver]

http://www.wnd.com/2013/01/china-poised-to-play-debt-card-for-u-s-land/

Not the best source but this is what I was referring too.