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Politics : New FADG. -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (3047)	8/8/2007 1:45:21 PM
From: Chas.	Respond to of 4152

China holding over 650 Billion dollars of US T-Bill's, Notes and other Bonds and issues is not a very healthy situation for the USA to be in.....that is in essence critical mass leverage. also Japan is another very large holder of US Bonds, etc...300 Billion I think.... all in all USA Global Debt has become a very large stone around our neck... and no way out in the foreseeable future... as Asian internal credit/debt increases, it is creating a Global house of cards..., if you will..... regards