China warns U.S. over Yuan bill

If the Chinese start to sell their US Treasury Bonds we will see how the dollar will react, LOL
They are, with $889 billion the worlds largest holder of those bonds.

Major foreign investors in US treasuries,such as China, are quickly catching on to the hard reality of ballooning U.S. debt and the impending insolvency. They see that the federal reserve are out of moves, and are coming to the inescapable conclusion that the only way Washington can keep its Ponzi finances going is to keep printing dollars non-stop.

No wonder the Chinese are converting their dollar holdings into gold in addition to buying good quality assets all over the world.

Any revaluation of the Chinese currency won't have any effect on US exports because Chinese products do not compete directly with the US ones.The only beneficiaries of such a move will be China's competitors such as India,Taiwan,Indonesia etc.

It all an act by the US politicians just before the November elections. Talking tough for local consumption nothing else.

Can anyone imagine if they really went through with this threat – China then sells US bonds, US financial collapse next step. China ha become such a formidable force on this planet where 4 weeks ago Japan arrested a Chinese Captain of a fishing boat for illegal fishing in disputed waters.

China told, not asked, but told Japan to release him within one week or it will drive the Yen upwards and sent their economy on the down hill slide. Guess what! They released the Captain with an apology.

If the Chinese start to sell their US Treasury Bonds we will see how the dollar will react, LOL
They are, with $889 billion the worlds largest holder of those bonds.

It all an act by the US politicians just before the November elections. Talking tough for local consumption nothing else.

Can anyone imagine if they really went through with this threat – China then sells US bonds, US financial collapse next step. China ha become such a formidable force on this planet where 4 weeks ago Japan arrested a Chinese Captain of a fishing boat for illegal fishing in disputed waters.

China told, not asked, but told Japan to release him within one week or it will drive the Yen upwards and sent their economy on the down hill slide. Guess what! They released the Captain with an apology.

Major foreign investors in US treasuries,such as China, are quickly catching on to the hard reality of ballooning U.S. debt and the impending insolvency. They see that the federal reserve are out of moves, and are coming to the inescapable conclusion that the only way Washington can keep its Ponzi finances going is to keep printing dollars non-stop.

No wonder the Chinese are converting their dollar holdings into gold in addition to buying good quality assets all over the world.

Any revaluation of the Chinese currency won't have any effect on US exports because Chinese products do not compete directly with the US ones.The only beneficiaries of such a move will be China's competitors such as India,Taiwan,Indonesia etc.