China not buying US debt anymore??

[Dawg Fan]

I'll see if I can find the link but Glenn Beck was talking about Mexico just got 1 bill. in gold, because the dollar is going down fast.

Yea and I bet they bought it with all that US money being shipped home every day from the illegals.

By the way what does $1 Billion buy nowadays? About 5 ounces of gold? :(

[coxmw]

I'll see if I can find the link but Glenn Beck was talking about Mexico just got 1 bill. in gold, because the dollar is going down fast.

[PT945]

I have googled and found a lot of they are, or what if related articles but nothing that 100 percent confirms they did it. Other that the link in he OP. if anyone has more link that confirm please post.

[Echo2]

They came out with a small blurp on those lines a couple weekend ago.

Once again....cause and effect....cause is over....brace for effect.

[survivalcookie]

The treasury will just print more money...we are ok as long as they don't run out of ink....this says we need to be like squirrels that smell an early snow storm.

[TennOutdoors]

well if its true, looks like SHTF might be coming to a theater near us anytime now. I wonder if there will popcorn and an intermission.

[PT945]

Heard something about them possibly doing this. Guess it wasn't just talk.

[Dawg Fan]

First of all let me preface this with I'm not sure about the website I saw this on. I'm not sure if its a reliable source or not.

Either way, if this is true it could certainly set in motion some bad juujuu for our economy. Wonder where our braniacs in Washington will borrow their $4 BILLION per day from now?

http://thenewamerican.com/economy/markets-mainmenu-45/7249-chinas-central-banker-we-own-too-much-us-debt