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camarodan64 (94.35)

The upcoming US Treasury default on T-BONDS will it happen?

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March 13, 2009 – Comments (7) | RELATED TICKERS: GG

Answer this now, When the USA defaults on its treasury, Do you think China will look away ,  like the foolish american citizen that thinks the Fed is on there side, or will they want compensation by way of collateral damage. ie US federal reserve bank New York, New York. The Fed is already sending the Chinese the Amero to pay down debt and pegged it at .6 US dollars to the Amero this seems odd because the Amero is a new North American currency and its first use was to pay China http://www.dailypaul.com/node/65843

http://finance.yahoo.com/news/Chinas-premier-worries-about-apf-14624237.html

http://club.cdfreaks.com/f94/u-s-official-chinese-test-missile-obliterates-satellite-206844/

http://spaceflightnow.com/news/n0903/02chinastation/

 http://news.bbc.co.uk/2/hi/asia-pacific/6276543.stm

http://www.popularmechanics.com/science/air_space/4218443.html
http://www.iht.com/articles/2007/04/23/asia/23missile.php
http://www.newsmax.com/smith/china_missile_base/2008/05/21/97811.html
http://www.wsws.org/articles/2001/apr2001/spy-a03.shtml

Who know's, the results may include a huge sell off of Us treasury sending interest rates to 20% and Gold to $2000 just like in the early 1980's we will see, All in all do not hope for a housing rebound yet. 

7 Comments – Post Your Own

#1) On March 13, 2009 at 11:09 PM, zversyp (< 20) wrote:

- The upcoming US Treasury default on T-BONDS will it happen? -

 No.  No it won't.

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#2) On March 14, 2009 at 12:35 AM, camarodan64 (94.35) wrote:

China is afraid very afraid, and will not allow such irresponsibity of the Federal Reserve to go without mass punishment,  Ever heard of World War III,  looks like it may be lock and load.

 

Just do not even think of defaulting.

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#3) On March 14, 2009 at 1:17 AM, zversyp (< 20) wrote:

I have heard of WW III.  I've also heard that the US sells debt denominated in US dollars.  They're also the guys that print those dollars.  There is no default for US treasuries, only devaluing of the dollar by printing more.

The US will never default on its debt.

Don't get me wrong, China should be worried.  They should have been reinvesting that money of theirs into their own country, and we should not be so indebted that all of our money is flowing everywhere but here.  I'm just saying that you can't have an inablility to give something that you make yourself from nothing.  China is just going to be pissed that the dollars we may have to give them aren't going to be worth anything.

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#4) On March 18, 2009 at 4:56 PM, jesusfreakinco (29.03) wrote:

Dollar dropped 3% today because of Fed policy.  Who do you think was dumping?   Will China be the top of the ponzi scheme?  I think they'll be dumping their dollars into hard assets soon to avoid being left holding the bag.

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#5) On March 18, 2009 at 5:45 PM, nihilkillsmemore (20.53) wrote:

there could be a chance that the u.s cant print anymore money to pay interest.

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#6) On March 28, 2009 at 2:48 PM, camarodan64 (94.35) wrote:

China challenges US global financial leadership- AP

The only major economy still growing at a fast clip, China is being unusually forthright in challenging the U.S.-led global order ahead of an April 2 summit on the financial crisis.

 

Todays newest headline,  LOOKS LIKE THE NEW WORLD ORDER IS NOT TO CHINA's LIKING

 

LOOK OUT,  WORLD WAR THREE DRAWS NEAR 

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#7) On April 23, 2009 at 6:08 AM, AlvaroX (< 20) wrote:

China shall not stop working on uplifting it's economy despite it's favorable trade surplus. Economic crisis is felt globally, whether they admit it or not, their country also feels its effect US government is of course in support. . iBonds are not an investor software application for Apple products.  iBonds are a new series of U.S. Treasury bonds that you can order over the internet.  These bonds are a guaranteed investment, as the interest rate for them is adjusted so that it always turns a profit. You won't need a cash advance to float you if the market tanks.  However, it doesn't mean that you'll be raking in the cash – there is a penalty for any withdrawal within five years of purchase, and they stop accruing after thirty.    They aren't a good buffer for debt relief, iBonds are best used as a long term investment.

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