Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label China Treasuries. Show all posts
Showing posts with label China Treasuries. Show all posts
22 July 2010

China and the Goldfinger Syndrome

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I have had some interesting discussions recently with correspondents about the problem which China has with its very large US dollar reserve...
19 July 2010

China Should Sell US Treasuries When the Market Is Strong (Like Now) and Diversify Its Reserves

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If the Treasury market is robust, as it is now, China might be able to sell its Treasuries without disrupting the market, but it would also ...
19 August 2009

China Makes Biggest Cut in US Treasury Assets Since 2000

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China dumps US Treasuries the most aggressively in a decade. Now THAT's a change you can believe in. One has to wonder how long the UK,...
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