China Poised To DEMAND U.S. LAND As Payment For U.S. Debt
CHINA POISED TO DEMAND U.S. LAND AS PAYMENT FOR U.S. DEBT(Americans must NOT ACCEPT responsibility for this 'debt', and thus lose their nation. The 'debt' is that of the Rothschild Federal Reserve and accompanying banksters and Wall Street, working with the criminal rogue U.S.A. corporation. The 'debt' is NOT a debt of the people BUT the people are being positioned to be the LOSERS.)
That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity. Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.
Yu Qiao, a professor of economics in the School of Public Policy and Management at Tsighua University in Beijing, proposed in 2009 a plan for the U.S. government to guarantee foreign investments in the United States.
WND has reliable information that the Bank of China, China’s central bank, has continued to advance the plan to convert China’s holdings of U.S. debt into equity owned by China in the U.S.
The Obama administration, under the plan, would grant a financial guarantee as an inducement for China to convert U.S. debt into Chinese direct equity investment. China would take ownership of successful U.S. corporations, potentially profitable infrastructure projects and high-value U.S. real estate. (Do you discern how the marxist muslim 'administration' is ripping this nation apart on EVERY front? And we do NOTHING to STOP this.)
The plan would be designed to induce China to resume lending to the U.S. on a nearly zero-interest basis. However, converting Chinese debt to equity investments in the United States could easily add another $1 trillion to outstanding Obama administration guarantees issued in the current economic crisis.
As of November 2012, China owned $1.17 trillion in U.S. Treasury securities, according to U.S. Department of Treasury and Federal Reserve Board calculations published Jan. 16.
China Poised to DEMAND
US Land As Payment for Debt
Concerned about the unrestrained growth in U.S. debt under the Obama administration, China has reduced by 97 percent its holdings in short-term U.S. Treasury bills. China’s holding of $573.7 billion in August 2008, prior to the massive bank bailouts and stimulus programs triggered by the collapse in the U.S. mortgage market, dwindled to $5.96 billion by March 2011.
Treasury bills are short-term debt that matures in one year or less, sold to finance U.S. debt. Holdings of Treasury bills are included in the $1.17 trillion of total Treasury securities owned by China as of November 2012.
In addition to a national debt in excess of $16 trillion, the U.S. government in 2010 faced over $70 trillion in unfunded obligations, including Social Security and Medicare benefits scheduled. (OK seniors - you are about to lose your social security by fraud. Most have no other source of income. What to do??)
http://www.jewsnews.co.il/2015/12/24/china-poised-to-demand-u-s-land-as-payment-for-u-s-debt-2/
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Well done Obama ...you must surely be the best president America has ever had.
While U.S. is breaking up you are enjoying playing golf with your bro Cameron and your are advising other countries what to do