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View Full Version : Is the Obama govt now only supported by China?



touchring
03-16-09, 12:20 PM
Looks to me like the case.

FRED
03-16-09, 02:13 PM
Looks to me like the case.

Yes, the only significant growth in net holdings has been by China.

Foreign private and official acquisition of long term US securities turned negative in Oct. 2008. (http://www.treasury.gov/press/releases/tg57.htm) The increase since then has been is in short term securities.


http://www.itulip.com/images/foreignUStreasurydebt2007-2009.gif



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touchring
03-16-09, 02:43 PM
Scary. Looks like what will happen next will depend on the whims and mood of the CCP central committee.

From what i know of the Chinese mentality, they are hoping to create a soft landing in the short term, and then if there's no rebellion, they will pull off the support unless they can trade for hard assets.

Lumber Joe
06-01-09, 08:24 AM
Not only. By Fed as well ;)