I'm going to be honest... I'm no longer scared by this threat from China.

The very article you cited mentions that, as of March 2011, China had $1.1 trillion in US treasury bonds, and sold down to $270 billion even before today.  The current move is just a sell-off of part of the last remaining funds.

In other words, if there was going to be a large-scale financial crisis as a result of the T-bond sell-off... it should have happened... 3 times...

Is that supposed to mean "China won't hurt the US economy?"  If so, that's completely unrelated to this issue, because Flint is saying that's just happened.

No, read the article. It's stating how china is dumping short term treasury bonds for long term ones. They are realizing we won't be out of this anytime soon, and are further securing their ownership of US debt by moving into long term assets. If anything, this strengthens our economy by providing a safety net on Chinese cash.

oh and will anyone actually buy this trillion we need to have soon? >.>

I may have misread, but I shall never admit being wrong! I'm ignorant American, and I need glasses.

exactly, who's going to buy that stuff up now?

America is no longer the superpower of the world... and havn't been for a very long time, China have got there act together, and have the work force to get anything done.  They are buying land like theres no tomorrow in northen australia heck there buying land anywere pretty much and building it up. And the fact that there own economy is secure enough that they can afford to buy america's debt that should say something to you americans lol.

That and the fact that china could have more than 1 million trained troops to any were on there border within 24 hours is a pretty impressive thing in its self... and there troops are well trained and very disicplined, more so than alot of american troops

so yes Arby3 i would be scared about china throwing there weight around if china wanted to [ ]
america's economy they could do it easily enough

and Chuck Norris

It is getting worse. The newest CBO warning about our debt is very interesting... could be 100% of our GDP if we dont institute cuts...

And then there is the pensions study which shows for the next 30 years everyones taxes has to rise $1500 a year ($1500 first year, $3000 next year, $4500 the following year) just to pay PUBLIC EMPLOYEE PENSIONS

einstein!! how are ya ^^ ?

The progressives insist such talk is a lie perpetrated by the Man!

Progressives argue

1.  We've had $400 billion deficits for 40 years, so why not forever?
2.  Figured as a %GDP, revenues are too low, just tax our way out
3.  Only massive spending can replace demand!
4.  Qualitative easing is NOT printing money, the Fed got it by giving banks IOUs against their required minimum depository reserves!

SO clearly you frothing rightwing freak, if we just consume profits and the safeguard deposits that guarantee our banking system, we'll kick the economy around in two or three years! And it will be a better economy cause we stopped those rich bastards from being the beneficiaries!  /s