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 foreign reserves. Show all posts
Showing posts with label foreign reserves. Show all posts
30 July 2011

Who Owns US Treasury Debt?

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h/t Barry Ritholz
16 March 2009

Overseas Private Investors Sell US Financial Assets

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Non-US private investors fled dollar asset in January, while their central banks continued to buy. "Monthly net TIC flows were negativ...
05 March 2009

Most Chinese Economists Favor Gold Over US Treasuries for Their National Reserves

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Barbarously inconvenient to the global dollar hegemon. Time for another announcement of an IMF gold sale? Sounds as though China would like ...
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