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As I pointed out yesterday (http://www.eurotrib.com/comments/2008/12/31/135832/22/82#82) there are easily findable numbers for these silly journalists which could put intelligence and perspective into the knowledge base. But instead we get attempts at manipulation.

In the last year, according to this US government data http://www.treas.gov/tic/mfh.txt, the monthly holdings of Chinese money to the US went from 459 billion in Oct 2007 to 652 in Oct 2008. That is nearly a 200 billion dollar shift in one year. That's a 42% increase.

The UK increase is over 100%. Russia also more than doubled, Hong Kong increased by 30%, Switzerland also by a third. Nearly every country or category of countries increased, with few un-notable exceptions.

Yet, we are given fear, uncertainty and doubt in the alleged newspaper of note.

We are we given propaganda? Who is trying to manipulate us? For what purpose?

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Fri Jan 9th, 2009 at 05:11:39 AM EST
[ Parent ]
A significant part of the story, at least for Russia, is getting the hell out of Agencies and moving into Treasuries instead. But the Treasuries are the last defence line.
by Sargon on Fri Jan 9th, 2009 at 07:35:37 AM EST
[ Parent ]

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