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Who Is Going To Buy The US Debt If This War Causes China, Russia To Turn On Us?
Zero Hedge ^ | 9-7-13 | Tyler Durden/Michael Snyder

Posted on 09/07/2013 1:48:47 PM PDT by RKBA Democrat

Edited on 09/07/2013 2:39:18 PM PDT by Admin Moderator. [history]

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To: familyop

-— government layoffs -—

The silver lining... Potentially.


21 posted on 09/07/2013 2:29:08 PM PDT by St_Thomas_Aquinas (Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: RKBA Democrat

22 posted on 09/07/2013 2:33:04 PM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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To: Rusty0604

They can also nationalize private retirement accounts and “invest” them in treasuries. The idea has already been kicked around.
****************************
Just happened in Poland.


23 posted on 09/07/2013 2:34:13 PM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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To: RKBA Democrat
Who Is Going To Buy The US Debt If This War Causes China, Russia To Turn On Us?

We are. Prepare to have your retirement accounts seized.

24 posted on 09/07/2013 2:35:24 PM PDT by Tolerance Sucks Rocks (Major brain damage at UMES, but no property damage!)
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To: RKBA Democrat

China is locked in a murder/suicide pact with us. They dump our debt - our economy crashes - we stop buying cheap plastic stuff from them - their house of cards collapses.

The question is how much of our debt would you have to dump to crash the system? Would Russia’s share be enough? What’s the tipping point?


25 posted on 09/07/2013 2:35:45 PM PDT by Pan_Yan (I love it when spell check highlights every single word.)
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To: The_Media_never_lie
He doesn't want to play world cop. In fact, he really doesn't want to do much of anything a President does (except of course enjoying the perks). But one thing Baraq does like to do is to stroke his own ego by running his mouth about what he thinks. Except in this case, it got him into trouble.

Seriously listen to him speak. He never speaks as the voice of the United States of America. Instead, he offers an explanation of what he thinks and why. His statements are always about him, what he thinks, and why. Being World Cop requires leadership. Talking about it requires nothing other than a media microphone.

A real President would be in Washington directing policy. But Obama avoids that choosing instead to do isolated interviews where he does not have to share the stage with anyone else - where he alone is the center of attention. That way, he gets to talk about his favorite subject, Baraq Obama, and how Baraq Obama personally assesses the situation.

26 posted on 09/07/2013 2:47:29 PM PDT by Hoodat (BENGHAZI - 4 KILLED, 2 MIA)
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To: The_Media_never_lie
The goal is to make the US a debt servant to European socialist and mideast bankers and scrap the dollar as currency of trade for a new currency controlled and exchanged by the same group.

China and Russia will be stiffed while the Europeans and Arabs will be ceded property and control of the US military (under the UN).

The US will be the thug enforcer for the Banksters and Arabs for use against China and Russia.

27 posted on 09/07/2013 2:49:41 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
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To: Navy Patriot

A few years ago I would have ignored your comment as a delusional and paranoid rant. But that was a few years ago.


28 posted on 09/07/2013 2:51:52 PM PDT by Pan_Yan (I love it when spell check highlights every single word.)
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To: Navy Patriot
Whatever is going to happen, I just want it over with. I'm sick of this roller coaster ride. The politicians have the controls, bring us up, bring us down, all the while laughing gleefully like the two-bit carnies they are.

Enough already.

I say, if this government feels froggy, they should jump.

29 posted on 09/07/2013 2:53:37 PM PDT by KittenClaws ( You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: umgud
Dumping US debt? To who?

Exactly. And at what loss? And better yet, what will China do with all those US dollars they collect from their current account surplus? They will either buy our goods and services, or invest in our economy. Yup, sounds like doom to me. /s

But that won't stop the doomers from speculating. It's a common occurrence on the FR.

30 posted on 09/07/2013 2:56:53 PM PDT by Mase (Save me from the people who would save me from myself!)
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To: RKBA Democrat

Who will China sell its goods to if they will not buy US bonds and Washington responds by putting a hefty tariff on all Chinese made products?


31 posted on 09/07/2013 3:05:01 PM PDT by Sawdring
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To: Pan_Yan

A few years ago I didn’t have enough information to make the pieces fit, and I couldn’t even conceive of the comment.


32 posted on 09/07/2013 3:10:10 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
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To: RKBA Democrat

Russia has a sweet deal selling weapons to Syria. She ain’t gonna like U.S. intervention.


33 posted on 09/07/2013 3:10:44 PM PDT by Beowulf9
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To: Neidermeyer

Yes, I posted a thread about it yesterday.

http://www.freerepublic.com/focus/f-bloggers/3063501/posts


34 posted on 09/07/2013 3:13:43 PM PDT by Rusty0604
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To: RKBA Democrat

The debt is going to be repudiated, obviously.

There is no historical example of a debt of this nature being paid off. What has never happened, won’t.


35 posted on 09/07/2013 3:20:19 PM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise. N)
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To: Mase; umgud
Dumping US debt? To who? -- Exactly. And at what loss?

Usually when dumping is a good idea, the security has already lost much of its value. However governments can dump foreign securities with political purpose, accepting some monetary loss in the process. It's still cheaper than a nuclear war.

With regard to "to who," it does not matter. There won't be enough buyers anyway - who has spare change to buy a trillion dollars worth of US paper? As result, the value of that debt will fall through the floor. The USA will be unable to sell more debt because there will be too much of cheaper one on the market. The USD will drop in value, and you won't be able to pay with it for foreign goods. You will need RMB and CDN and whatnot - and they will be gladly sold to you... for the price so high that you can't afford it.

In the end, the USA will default. Nobody expects the USA to ever pay - it's not in the cards. The question is only how soon it will happen, and what will various countries gain from that. China has a great opportunity to buy themselves a great prize. They may not even lose all that much because in the last decade China actively buys various resources (land, mines, ore, etc.) for US cash and for US debt.

36 posted on 09/07/2013 3:23:22 PM PDT by Greysard
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To: Hoodat

Too bad we can’t give you a green arrow or a “like.”


37 posted on 09/07/2013 3:43:11 PM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: Jim Noble

“The debt is going to be repudiated, obviously.”

Eventually it will be. But not before TPTB squeeze the last scintilla of wealth out of the middle class.


38 posted on 09/07/2013 3:46:23 PM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: RKBA Democrat

We own more of our debt than China does.


39 posted on 09/07/2013 3:49:48 PM PDT by TheRhinelander
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To: RKBA Democrat

It’s sort of like getting jugged for kiting checks, and your spouse goes to ‘Bad Boys’ bail bonding (to pledge the collateral and pay the premium) and asks, “Will you take a check?”


40 posted on 09/07/2013 3:51:58 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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