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IPFS News Link • China

China Slows Purchases of U.S. and Other Bonds

• NY Times
Reversing its role as the world’s fastest-growing buyer of United States Treasuries and other foreign bonds, the Chinese government actually sold bonds heavily in January and February before resuming purchases in March.

1 Comments in Response to

Comment by William Klepzig
Entered on:

China has purchased trillions in the bond market. Not to help America but to continue to pull the wealth from this nation threw interest payments, as those on your home cost most for interest and a little on the principal amount.
I suggest, no demand the federal government force every person or company that works or makes money in America to have to purchase US savings bonds at the rate of 3% of the gross on that check. This would mean, and China would hate it, that Americans were paying off the debt and Americans were receiving the interest on the bonds. It would mean that We The People would be getting the trillions that China wants. If you can't understand that perhaps we should be slowly bought out at a sale because we the people were too dumb to see a way to help America and make money like the big guys!