Taiwan owns more of our debt then Russia does.

Unless you believe Taiwan can collapse the US economy you must realize this story is complete bunk.

With a 4 month extension of QE we could buy all the bond the Russians have to sell. The Russians would take a hit on the hard currency value in the process, and then what are they going to do with the money? Buy Euros?? Give the money to the other party they are mad at and take ANOTHER hit on the hard currency value as the push up the price of the Euro Bonds and The Euro exchange rate?

Last edited by antelope_sniper; 03/04/14.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

You cannot over estimate the unimportance of nearly everything. John Maxwell