Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

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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