China Is Dumping U.S. Government Debt at an Alarming RateBy Joshua Krause We may be about to find out, since lately, China has been dropping US government bonds like hot potatoes. After the Chinese government devalued the yuan in August, their currency experienced a massive sell-off by investors who feared that more devaluations were ahead. To contain the situation, Chinas central bank has been buying up their own currency while selling their dollar reserves. And China isnt alone either. By July, Russia had sold $32.8 billion in US Treasury debt, and Brazil and Taiwan have been dumping the dollar as well. All of these countries used to be our biggest customers. India has actually increased its holdings, but it hasnt been nearly enough to offset what weve lost. Foreign purchases of US treasury notes and bonds have been in the red throughout 2015, and peaked to about $123 billion in loses last summer; the largest decline since we started keeping track in 1978. While the trend is still young, it appears that the global dollar sell-off has begun in earnest. Image Credit Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshuas reports at Facebook or on his personal Twitter. Joshuas website is Strange Danger. Nails in the coffin. See here for why this is big news, https://www.rt.com/news/iran-attack-us-allegations-243/ the world ponzzi schemes appear to be crashing down around the gold collar scum that started this debt/taxes/derivatives/usury fees. Bring back the silver certificate trash the zentral banks. Is India really buying or is THE US treasury buying it in Indias name? yes Yes India is buying it? Are we witnessing the slow decline of the American Empire? perhaps the first ripples of a turning tide against the cruel. unjust, and corrupt political systems that dominate world affairs at present 