"Is the greenback falling" ?
Yes, "why do you think is the greenback falling???" - and
"why is it that the fed is selling treasury bonds to china just to
hold up it greenbacks???"
Yes, why ?
Do you seriously believe that the USA plan to support their own
dollar by being in debt to China ?
With your flippant attitude displayed, it is obvious that you
will not have the capacity to even consider that the USA
is plotting against China - especially when China refused for
many years to engage in fair trade practices, by not allowing
the Chinese Yuan to appreciate according to her growing economic
strength.
While the USA maybe seen to be in debt, China is
basically shouldering that debt - even as China
falsely believe for many years that she has the upper
hand in the bilateral trade that is heavily in favor of China.
Now that China has a huge national reserve that run into
trillions, she is also holding the bulk of the US Treasury Notes
that reflect the huge debt.
The Chinese Government realised only recently that the US
Government has the capacity to sabotage China's reserves
if the U.S. Treasury Notes become worthless, and in one
stroke it will wipe out all that China has earned over the
years.
What has the World Bank got to do with the USA ?
If you believe that the IMF and the World Bank will come to the
aid of the USA - like both have come to the aid of Thailand and
Indonesia in 1997 - maybe you have some inside information
that no one else has.
You must have just woken up after taking too short a nap, and
still in a blur.
OMg...my dear Uncle, didn't you love the greenback years back, so
is everywhere and especially so in China, in those years of
wonderful anmerica dollars, the chinese are keeping it as saving,
at that time they dun trust their RMB, everywhere you go, you give
US dollars, the chinese will give you a broad smile. So, as the
years goes by, the chinese had accumlated trillions of US dollars
both in individual saving and state treasury saving. So do you
think they want the greenback to fall???? You still sleeping in
your old cot and drinking charcoal brew coffee ar??? careful of
caffeine diarrhea ya.
Therefore the american taking this advantage, and trying to rise
fund for their ailing banks, sell bonds to china and in turn
promise that they will uphold the greenbacks.
China is not afraid of US sabotage, they never do, the chinese
leader told the US counterpart, let us keep our promise, we can
play cat and mouse game, but if china fall, i make sure we all fall
together.