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US Debt Crisis: China Decides to Invest it’s Fiat Dollar War Chest in Real Commodities

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posted on Apr, 26 2011 @ 01:31 PM
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Move aims to reduce threat of exposure to US debt and inflation


The central bank is planning new investment funds to diversify holdings in the nation's $3 trillion foreign exchange reserves, to hedge against depreciation and inflation risks, according to a news report.



Read more at:

usa.chinadaily.com.cn...


Have posted other threads about how the Chinese are getting very uneasy about the US debt situation...

www.abovetopsecret.com...

I believe these actions are a direct shot at the FED to clean up its fiscal policy. They are stating that they are unhappy with the return in US treasuries - we are going to see the BOND bubble pop soon (which means a jump in interest rates)

We have seen China start to gobble up commodities around the globe, but this is the first time we have seen a specific government based program design to do as such.


I am used to people telling me that China needs us to sell their cheap goods....but I see this as China's way to limit their exposure when the US dollar crashes.




posted on Apr, 26 2011 @ 01:35 PM
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reply to post by MidnightTide
 


It's a game chess of titans.
edit on 11/04/11 by LaTouffe because: (no reason given)



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