Quote Originally Posted by astrallite View Post
Huh? Chinese people have a bigger problem to worry about, something along the lines of $3.7 Trillion US dollars they can never collect but can only roll over treasury bonds in perpetuity...
SWING . . . . and a MISS !!!
(baseball analogy)

Foreign Holders of US Treasury Debt


China held $1.27T as of December, 2013. And, a country does not "roll over treasury bonds in perpetuity" -- interest on US Treasury paper is received quarterly, and principle is returned at end of term.

Total holdings are roughly in line with those over the last 3 years ... $1.2T to $1.3T.

And, interesting enough (I'll be the first to admit I'm not really Mr. International High Finance) as China untethers the Yuan in a more open fashion in the market, and its value rises against other foreign currencies, they will likely be cashing-in some of the 'marketable' US securities held.

AND, with the appreciation in value of the Yuan against other foreign currencies, those exports from China will not look so attractive around the world.