Paul Craig Roberts:Ostaako enää kukaan USA:n velkakirjoja

Tässä artikkelissaan USA:n entinen apulais-valtiovarainministeri Paul Craig Roberts kysyy onko pitkään neuvoteltu pelastuspaketti sittenkään lopullinen ratkaisu ? Hän muistuttaa että kysymyshän on loppujen lopuksi siitä ovatko kiinalaiset, saudit ja muut ulkomaalaiset valmiit laittamaan kauppataseidensa ylijäämät näihin huutokaupattaviin USA:n velkapapereihin? Hän epäilee että näin olisi.

The bailout of the US financial system is entirely dependent on the willingness of the Chinese, Saudis, and other foreigners to use their trade surpluses with the US to purchase the US Treasury instruments that must be sold in order to raise the money for Bush’s bailout of the financial institutions.

The bailout of the US government’s budget has been going on for years, and it takes place every time the US Treasury holds an auction of new American debt. But now the bailout by foreigners of the US government is starting to turn into much larger sums that carry much higher risks.

Last week the Financial Times reported that Peer Steinbruck, the Finance Minister of Germany, said that the American financial crisis was “a fundamental rupture” and that “the US will lose its status as the superpower of the world financial system.”

The US “superpower” is dependent on foreigners for its financing. The US cannot exist without Chinese financing, just as Europe cannot exist without Russian energy. America’s European puppet regimes are rethinking the consequences of serving US hegemony.