We don’t seem to have a problem with them buying our bonds every month. Unocal sells oil they produce in Alaska to the Japanese, and what they produce in the South China Sea never leaves Asia. We make investments in China, so the real rub is if we tell them they can’t buy here they just might back away from the bond auction or even dump US Bonds to support their currency that we’re so insistent they let go high - if they haven’t started already. Then maybe when the secret of why long-term rates are so magically low gets out we’ll understand an old lesson that Baron Rothschild taught the king of Germany long ago. He who controls the interest rate rules.

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89 300E
79 240D
72 Westy
63 Bug sunroof
85 Jeep CJ7
86 Chevy 6.2l diesel PU

"The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane."
Marcus Aurelius