Guys, please take a look at the latest update of Fed's balance sheet as of 27 Oct, their US Treasury holding has been increasing weekly and is now at 837 billion!
Back in Oct 13, the figure was just 821 bn, and on Oct 20, it has grown to 832 bn, and now 837 bn!?!?!?!?
Wow, that has already surpassed Japan's figure(its latest figure is up to Aug 2010)
so if China is not increasing its purchase in any significant way, and if US continues its pace of debt monetization, the Fed will become the largest creditor of the US! No, this is not internal debt because this is not being held by pension funds, private investors, public investor, etc. It's all being held by a fauldulent bank called Federal Reserves.
We're going to face major soverign debt confidence issue is the coming years, I'd say the timeframe is easily less than 5 years time, we are going to see major run from all debt securities around the world, this is not good, but this will eventually happen.