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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (36574)3/25/2011 1:46:19 PM
From: John  Read Replies (1) | Respond to of 71408
 
Fears rise that Japan could sell off U.S. debt

washingtontimes.com

excerpt:

Some lawmakers and market analysts are expressing rising concerns that a demand for capital by earthquake-ravaged Japan could lead it to sell off some of its huge holdings of U.S.-issued debt, leaving the federal government in an even tighter financial pinch.

[...]

“This natural disaster in Japan concerns me that it could speed up what’s coming, because they are the second leading buyer of our debt,” Sen. Rand Paul, Kentucky Republican, told The Washington Times. “Small degrees of differences in how much they buy of our debt, I think, can make a big difference in interest rates that we have to pay people to buy our debt.”

---

When we operated under a system of free markets and capitalism, the growing fear of such a debt selloff would hold meaning. Today, it's only another petty excuse for more printing and artificial intervention.

Meanwhile, Japan is being nuked and the radiation dangers are increasing.

bloomberg.com

apnews.myway.com