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Friday, September 26

It Ain't Just Us

Bloomberg's Headline: "Asia Needs Deal to Prevent Panic Selling of U.S. Debt, Yu Says"

"Japan, China and other holders of U.S. government debt must quickly reach an agreement to prevent panic sales leading to a global financial collapse, said Yu Yongding, a former adviser to the Chinese central bank."
(....)
"An agreement is needed so that no nation rushes to sell, 'causing a collapse,' Yu said. Japan is the biggest owner of U.S. Treasury bills, holding $593 billion, and China is second with $519 billion. Asian countries together hold half of the $2.67 trillion total held by foreign nations."

Ya' s'pose that's part of the neocon plan? They don't care if they drag us down as long as the rest of the world gets flushed down the shitter too?

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