Dollar Hoard

How exactly does China own US debt?

Everyone says that China owns US debt. What does this mean exactly? Is the Chinese government buying US Treasury bonds? Is the Chinese government hoarding US Dollars? Are Chinese businesses buying American business’ bonds?

Answer: All the above.

Chinese hoarding worthless dollars, 1 trillion +

Chinese buying up American assests on the cheap. [We will be their servants for an eternity]

Chinese are buying less treasury bonds.

We have to approach China [our new banker] with hat in hand, and respectfully request any action to be taken.

It is going to get way worse before things can remotely start to get better.

Does this help any?

Silver Dollar Hoard

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