StilesBC wrote:China is going to talk about dumping their Treasuries until they are blue in the face. Why? Because every time they do that, treasuries fall and yields rise.
A more probable reason for China's accumulation of metal is something often discussed on these pages: war.
StilesBC
Please. Think twice:
Additionally, for your information:
http://www.ft.com/cms/s/3ce4216a-1af4-1 ... ck_check=1
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China is unhappy. So much is clear as a book stating just this and recommending a confrontation with the west as a remedy has conquered the country’s bestseller lists and triggered a fierce online debate over China’s place in the world and its identity.
Unhappy China argues that the country should stand up to the west to claim its rightful place as a global power, and it looks to a patriotic young generation as a source of national strength and unity.
This comes just as China’s harassment of a US surveillance ship, which was branded by Washington as “aggressive, troublesome” behaviour, and Beijing’s proposal that the US dollar could be replaced as the main international reserve currency, gave powerful reminders of the country’s potential to become a global power both militarily and economically.
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Perhaps, somebody in west can understand this book printed those days as "aggressive China" - but I personally understand that author try to
rightfully argue that Chinese leaders should stand up and impose their choices on the "international community" (read "West" or even better - USA).
If you are thinking that China is one who can start a war against USA - please think twice here too:
1. who started or WAS involved in EACH war in the last 60 years?
2. who has more than 20 times bigger military budget then next 3 nations on "the list"?
3. who is the most aggressive nation EVER exist - on the Planet?
So when you saying - "war"...
perhaps...
BUT definitely NOT an aggressive one.
Chinese, can ONLY be attacked by "the most aggressive nation on the Planet" and no chance for something others.
Who can blame a CREDITOR for
defending himself against very aggressive DEBTOR?
Who "wining" on such "war situation"... Creditor with massive non-paid debt, or Debtor with NO ability to pay the debt?
Best regards
malleni