If you missed your chance to stock up on double ply UST (T is for toilet) paper, fear not: you will have another chance to buy some again... and again... and again. The first opportunity will be on August 11th and 12th, when a total of $75 billion pieces of paper, backed by another rapidly deflating piece of paper will be made available for your indirect (or is that direct?) auction pleasure.
And here is how America became $304 billion dollars more indebted to China (and Itself compliments of monetization), since July 24 (click to enlarge). That's almost a third of a trillion in new debt issued in under a month.