Tuesday, November 25, 2014
China: Buying Less U.S. Government Bonds
The Chinese have more or less seemed to have stopped buying what they were before, their holding in U.S. Government Bonds, at least what they report is not going up very much, so that seems to have slowed down. The Japanese likewise. It is partially because they all know what I think I know, that the U.S. Dollar is a terribly flawed currency, they are trying to diversify away from the U.S. Dollar, so I think they have more or less stopped now. At least stopped increasing their positions, their ownership and more and more people are trying to move away from the U.S. Dollar.