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View Full Version : China sells some US Treasuries


Johnnybags
08-17-2009, 10:44 AM
and "if you believe" the UK increased holdings by 30 percent, lol. The UK is broke so who is sending them the cashola to buy our debt? Looks like Uncle Bens so called dollar swaps. What a fiasco.
youngbuck
08-17-2009, 02:43 PM
How much did they sell? Do we know who bought them? Gotta link?
stag15
08-17-2009, 04:55 PM
I heard it on bloomberg today.
NorwegianLibertarian
08-17-2009, 05:05 PM
http://www.cnbc.com/id/32448656
stag15
08-17-2009, 05:14 PM
So it begins?
not.your.average.joe
08-17-2009, 06:10 PM
the t.v. told me treasury demand is strong. record amounts being sold, going like hotcakes.
Objectivist
08-17-2009, 06:16 PM
the t.v. told me treasury demand is strong. record amounts being sold, going like hotcakes.

I think the term is "monetizing your debt".

http://en.wikipedia.org/wiki/Monetization