China Holdings of US Treasuries Revised Up 30%; An Unsustainable Model

Annual revisions released Monday show that China's holding of US treasuries is 30% greater than reported just weeks ago.I am not surprised given that persistent rumors of China dumping treasuries made little mathematical sense from a balance of trade standpoint. Instead, I suggested China was accumulating treasuries via trading desks in the UK. We now see that is precisely the case.Please consider China's holdings of US debt jump 30 percentChina, the biggest buyer of U.S. Treasury securities,...

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Going Further East

Yesterday, we took a look at the opening games for the Western Conference in the 2011 KHL Gagarin Cup Playoffs. One team, SKA Saint Petersburg, had already moved on to the second round after sweeping Spartak Moscow, but the other three series were still on-going. I didn't look at the four series in the Eastern Conference that began on Thursday, so tonight would be an appropriate time to update those...

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Great post of the day

From John Cole:A unionized public employee, a teabagger, and a CEO are sitting at a table. In the middle of the table is a plate with a dozen cookies on it. The CEO reaches across and takes 11 cookies, then looks at the teabagger and says “Watch out for that union guy—he wants a piece of your cooki...

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US Dollar About to Lose Reserve Currency Status - Fact or Fantasy?

A number of sites are commenting on a Bloomberg video in which El-Erian, PIMCO Co-CEO says "Dollar could lose its reserve currency status".Bloomberg: "Mohammad what does a weak dollar signal to you, a dollar that can't jump up here on a day like we've seen today?"El-Erian: "It is a warning shot to America that we cannot simply assume flight to quality, flight to safety. That people are starting to worry about the fiscal situation in the U.S. They are starting to worry about the level of debt. They...

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2011 Gettysburg Quarter Coin Production

The US Mint has recently indicated the preliminary circulating coin production figures for the 2011 Gettysburg National Military Park Quarter. For the time being, the figures represent the lowest production for any issue of the America the Beautiful Quarters series.Total production was 61.2 million, comprised of 30.4 million coins struck at the Philadelphia Mint and 30.8 million coins struck at the...

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Football Shaped UFO As Large As A Carnival Cruise Ship Over Allentown Pennsylvania

Date: February 27, 2011Time: Evening.I found your email online. I know this is going to sound crazy, but I have a sighting to report. If I didn't see this with my own two eyes I wouldn't have believed it. I always laughed when people told their stories about these" football shaped objects in the sky, now its no longer so funny to me. I was both amazed (as I tried to process what I was seeing) and...

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Clinton Tells Qaddafi "Surrender Now"; More Protests in Yemen, Bahrain, Oman

Libyan rebels now hold about 80% of the country. France is sending an airlift of medical supplies, including doctors and nurses to aid the rebels. Think anything else might be in those planes?Regardless, Qaddafi is holed up in Tripoli with options growing smaller by the day. The only country that might take him is Venezuela. Why anyone would take him is beyond me.US Secretary of State Hillary Clinton has stepped up the rhetoric as International Pressure on Qaddafi Intensifies.An international campaign...

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acura mdx

The Acura MDX was designed to suit the requirements of a large traveling Acura MDX2008 Acura MDX OverviewAcura mdxAcura mdx2011 Acura MDX | Photos, Specs, Accessories | AcuraStock 2007 Acura MDX 1/4 mile Drag Racing trap speed 0-602008 Acura MDX Review – Putting the Sport Back in Sport Utility Vehicle2011 RL Acura Wallpaper TL 2011 Acura TSX Specs 2011 Acura MDX In 2007, Acura introduced the second...

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marka, modelis

Airplanes and Rockets - Marks Models Windfree kitAirplanes and Rockets - Marks Models Windward Kit Plans & Parts339, Marks Models. 309/1, O' Conner's Optician. 309/2, Star StationaryMark's Model Railservices. "Custom Made Products For Model Railroaders" Marks took his first photograph of a 'naked as nature intended' model, Mark "Wheels" Wheeler "So many models, So little time!"Mark "Wheels" Wheeler...

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mini anden

Mini Anden - Pictures 5Mini Anden's Beauty Tip of the DayComparativas Mini Anden Mini Anden. Mini Anden - Entourage Third Season Premiere. Mini Anden PhotoMini Anden Actress Mini Anden arrives at the premiere of Touchstone Mini Anden - CQ USA & CQ UK 593 x 390 - 79k - jpgMini-Anden at 2007 Victoria's Secret Fashion ShowMini Anden at Elite +Mini Anden's natural hair is probably a light brown and...

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