“China fears bond crisis as it slams quantitative easing”
China has given its clearest warning to date that emergency monetary stimulus by Western governments risks setting off worldwide inflation and undermining global bond markets.
By Ambrose Evans-Pritchard
Last Updated: 1:13PM BST 07 May 2009
What's to stop China from using the threat of really popping the treasury "zit" by dumping dollars & treasuries and buying treasury shorts?
………..
Stephen Marchant is quite right.
Are we really surprised at this? It has been obvious for a while that the US would have to inflate its debts away as they are simply too great.
People now have to think how to protect their wealth. I can only think of two things-commodities and gold. Do something before it is too late.