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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 08-28-2011, 09:09 AM   #1
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Default China is Defaulting on Bonds

I've posted 4 links below to different stories/blogs about how China apparently has defaulted on a substantial amount of bonds to U.S. holders and others throughout the world. If this is correct (and I don't have any particular reason to believe it's not), this puts the Chinese holding of U.S. debt into an interesting perspective.

http://www.globalsecuritieswatch.org...er_Bailout.pdf

http://www.godlikeproductions.com/fo...age1613395/pg1

http://opinion.foxnews.mobi/quickPag...665&pageNum=-1

http://americanbondholdersfoundation.com/
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Old 08-28-2011, 09:48 AM   #2
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Folks who hold Chinese bonds should not hold their breath waiting for the US congress and white house to act on their behalf.


The Chinese communists paid British bondholders.
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Old 08-28-2011, 05:12 PM   #3
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Thanks cal, very interesting thing to learn. Nothing can get resolved if no one knows their is a problem.
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