30 March 2012

China Owes the USA Billions of Dollars - refuses to pay!

This is amazing, and I was not aware of it previously. China has violated International Treaties by failing to pay USA Bond Holders of Chinese Government issued bonds. China refuses to pay either the interest, nor the principal on these secured guarantedd bonds. And by the way, they did pay off the bonds to Great Britain bond holders, but NOT the USA bond holders. Find out why here:  Chinese Defaults on Bond Debt to USA

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