...first of all it's yuan...not yen (that's Japan dude)
...second the debt instrument that they have mainly is US bonds just like out fed reserve...and they are lowering their position to remedy the issue
...third...you claim they are the most screwed and are the maddest...uh they are 1.3 billion people holding 900 billion in US debt...and that interest on that debt is being paid...and if they choose to...they can sell their bonds on the open market (which they are actually doing)...if they don't like how their interest payments are being offset by a debased currency because we are print happy...or the threat of us defaulting completely because we totally fall apart
...now compare that small problem shared by 1.3 billion people which wouldn't have each individual feel too much hardship even in worse case scenario (US default)...to our huge problem...that 900 billion US debt they have is only part of the entire 14 trillion that US citizens are on the hook for...the fed is 5.5 trillion of that 14 trillion...bottomline...I'll tell you who is SCREWED and MAD...it's generation X & Y in this country...not China...Baby Boomers need to wake up from their "american dream" because it was fake and it's coming to an end
...if you're claiming China is annoyed with us everytime we push the button on the printing press...sure ok...but everytime we do that...our Fed Reserve KILLS our country...don't focus on the scraps...that is why the media always says "the largest foreign holder of our debt is China"...true statement...but...who cares...why don't you guys leave out the word foreign and simply tell me who the largest holder is and we will focus on the main problem...oh but that would show that our problem is right here at home...and we just can't have that...screw the China story
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