Friday, June 3, 2011

China Drops 97% Of U.S. Treasury Holdings

China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.

Treasury bills are securities that mature in one year or less that are sold by the U.S. Treasury Department to fund the nation’s debt.

Mainland Chinese holdings of U.S. Treasury bills are reported in column 9 of the Treasury report linked here.

Until October, the Chinese were generally making up for their decreasing holdings in Treasury bills by increasing their holdings of longer-term U.S. Treasury securities. Thus, until October, China’s overall holdings of U.S. debt continued to increase.

Since October, however, China has also started to divest from longer-term U.S. Treasury securities. Thus, as reported by the Treasury Department, China’s ownership of the U.S. national debt has decreased in each of the last five months on record, including November, December, January, February and March.
More Here..


  1. Is this it? Is this the trigger? Time to watch "The Road" and "Iron City Blues" again. It's about to get somewhere in between these two films real fast.

  2. You're better off believing Star Wars as our near future than The Road. That was just an idiotic film not based in reality. It was a bonehead writer who devised the plot, a useful idiot really.

    Go to Africa in paces where people are bones... nobody eats each other. How about the concentration camps where Jews would be about 60 pounds. Nobody ate each other!

    I guess people prefer to get their education from fiction movies in America over actual history and real life.

    This is hopeless.

  3. 12:04 absolutly they would and do - know why?

    It's one helluva lot easier to lay on your oversized, overstuffed couch and cram potato
    chips down your gullet while guzzling soda
    pop - than it is to read and comprehend

    People that cite hollywood on this site again
    and again are in for a very rude awakening indeed - THIS is reality

    China is doing what I have done; gotten out of the dollar and into The Aussie and Swiss paper
    both of which are up double digits against the
    pound sterling and the greenback

  4. 12:04, in the examples you cited, none of those people had guns.

  5. Dow going to 3500, count on it.

  6. 701
    really that high?
    i was thinking 1900 and gold 1900
    and obama preaching change and end to war hahahah

  7. well if the propaganda machine can no longer effect the american consumer to...consume, and their purchasing slows and china's exporting based economy slows...they won't be ramping up treasury purchases. economy based mostly on consumption and services. what will historians say 200 yrs from now. can look at the UK..think their coming back? all these grads with degree's in financial services, a field that will decline, emerging markets won't ramp up to offer placement. expect more wars and bigger ones. great for area's here, one can get a job at the drone factory, but in this global world what about people who are bombed for not toeing the bankerz line, and what happens when the drones are used to control us citizens. dictatorship coming.

    I suppose the growth coming is sideways-mergers. to many "nations" and the wealth is spread between many elites and semi-elites. envelope countries into one-ish, the true elites swallowing up the semi-elites and pocketing the profits, same as any business. 3ish regions will play-the westerns, the russian bloc, and kings of the east, culminating in forced "worship" of a man, and armageddon. History, and nothing new under the sun

  8. Everybody keep calm fiat paper and the strong dollar and the growth in the economy by military ketynesianism and bankster bailouts
    is in safe hands.
    the only thing we have to worry about is if the Fed and treasury stop buying their own debt paper .
    This is not a supply and demand problem in ordinary capitalism as the supply is infinate and if china does not buy ,the Fed can take up and replace any slackness in demand.

  9. I don’t know why anybody needs to pay taxes in funny money dollars when the
    Federal reserve central bank and Treasury can just ‘print” as much as they like with full bi-partisan permission of the Congress and Senate after the financial coup over Treasury and for control of the printing press.

    Any political limit on printing debt money is only formal and temporary, simply
    for political correctness party reasons for plausible deniability of responsibility
    and is always lifted by the trillions of dollars, on demand in a bankster welfare state .

    Then it becomes a plausible excuse for increasing austerity to pay off the increased
    national debt to the finance sector .

    Millions are believed to be no longer paying their mortgages now ,as it is going to be hard to get a good property title in future so why bother with paying taxes either as the Fed prints as much as it needs ?

  10. we need Glass-Steagall reinstated NOW


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