Jump to content

What US can do if China dumps its debt


Recommended Posts

Posted

NEW YORK: China is officially the United States' biggest foreign creditor, with roughly $900 billion in Treasury holdings, or over $1 trillion with Hong Kong's holdings included. That means it could do severe damage to US debt markets if it suddenly started selling large amounts.

Most experts say if there were signs of this happening, the US government would go for a combination of persuading Americans to buy more US debt, the same way they did in World War II, and finding friendly foreign governments to make additional purchases.
Banks could be called on to increase their holdings of treasuries, and as a last resort, the Federal Reserve could also be called on to fill the gap, though this could risk turning any dollar weakness into a slump.

Posted

:surprised-038: :surprised-038: :surprised-038: :surprised-038:

Posted

emundi...........  [img]http://www.imageping.com/out.php/i1196[/img]

Posted

[quote author=ROUDRAM link=topic=145609.msg1671471#msg1671471 date=1295552742]
nothing.....................
[/quote]

ba nuvvu military fostlu veyatledhu entii.....?? sCo_hmmthink sCo_hmmthink

Posted

[quote author=Ranga_The_Donga link=topic=145609.msg1671478#msg1671478 date=1295552831]
ba nuvvu military fostlu veyatledhu entii.....?? sCo_hmmthink sCo_hmmthink
[/quote]
for a change  [img]http://www.gifsoup.com/view4/1758174/bmmi-boodida-o.gif[/img]

×
×
  • Create New...