February 16, 2010 By Fausta Worried yet? Who owns you, baby? Via Larwyn, China Offloads $34.2 Billion in Treasuries – Japan Now Largest Holder of US Debt In related news… The foreign demand for US Treasury securities fell by a record amount after China reduced its holding. Worried yet?
Major Kong says
Been really worried since Fall of 2008. “Too big to fail” mentality has only increased the cataclysmic potential of an eventual failure. I think we’re in very deep pelosi indeed here and I cannot imagine how this can end well.
Pat Patterson says
Actually the chart reveals that Japan has merely returned to the status quo by buying debt when it is cheaper then holding till its value rises again. The Chinese overbought debt compared to both the size of its economy and the effectiveness of it fiscal policy to use that debt to make money.