define('DISALLOW_FILE_EDIT', true);
define('DISALLOW_FILE_MODS', true);
Comments on: China now “worried” about US Treasuries
https://norunnyeggs.com/2009/03/china-now-worried-about-us-treasuries/
The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.Sat, 14 Mar 2009 02:42:50 +0000
hourly
1 https://wordpress.org/?v=6.9
By: Ron
https://norunnyeggs.com/2009/03/china-now-worried-about-us-treasuries/comment-page-1/#comment-37156
Sat, 14 Mar 2009 02:42:50 +0000https://norunnyeggs.com/?p=5182#comment-37156China should be worried about their dangerous over investment in US Treasury obligations. Washington’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.
Washington has bailed out the banks, Wall Street & their Washington special interests and much of the cost is added to the national debt to by paid by this and future generations while real estate and investments continue to fall. Find out what a growing repudiate the debt movement could mean for treasury bonds, the dollar, gold and the stock market.
]]>
By: steveegg
https://norunnyeggs.com/2009/03/china-now-worried-about-us-treasuries/comment-page-1/#comment-37154
Fri, 13 Mar 2009 23:07:45 +0000https://norunnyeggs.com/?p=5182#comment-37154In reply to dad29.
My wallet is a bit light at the moment.
]]>
By: dad29
https://norunnyeggs.com/2009/03/china-now-worried-about-us-treasuries/comment-page-1/#comment-37152
Fri, 13 Mar 2009 14:02:17 +0000https://norunnyeggs.com/?p=5182#comment-37152Wanna bet that PRC’s hesitancy has something to do with Obama’s announcement that “there’s NO CRISIS!!”?
]]>