There are other countries that own trillions of our debt. This does not paint a pretty picture, should the Chinese do nothing more than spend Treasuries for tangible goods,like, rail lines,roads,hospitals,... development,and buy into large Australian miners OR maybe a Brazil Oil Company(PBR), Siberian Natural Gas, etc etc.. We are in a box without the insight nor will to build a way thru the wall or over the top. So,back to those others that also own Trillions,they will also have a dis-incentive. Apology for sounding like a commercial,but one of the best insights is from Chuck Butler of Everbank. His 'Daily Phenning' is pretty neat look at currencies.
Credit Card Cancer [View article]
We are in a box without the insight nor will to build a way thru the wall or over the top. So,back to those others that also own Trillions,they will also have a dis-incentive. Apology for sounding like a commercial,but one of the best insights is from Chuck Butler of Everbank. His 'Daily Phenning' is pretty neat look at currencies.