China Has Divested 97 Percent Of Its U.S. Treasury Bill Holdings

| June 3, 2011

Hmm….So whom might we ask, bought all this crap?  How about the U.S. Federal Reserve…it’s as good a guess as any!  And most people probably didn’t think (the) markets were rigged….shame on them! China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to […]

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