Two Japanese tourists smuggle hundreds of billions of US bonds to buy 3 countries

Detained US Treasuries. (Photo: China Broadcasting Network) Click here to view all the financial news pictures can buy 4 countries two Japanese people carrying a suitcase containing 134 billion U.S. Treasury bonds in Italy were detained China Wide Web network Beijing, June 20, according to the Chinese voice of the global Chinese Broadcasting Network 12:15 reported that, On a train from Italy to Switzerland, two well-dressed Japanese men were "particularly concerned" by the police. Then the police found a dark lattice in their suitcase containing 134.5 billion of American bonds!　　The scene just described is not a blockbuster in Hollywood, and it's really amazing what happened in the Italian border town earlier this month. 134.5 billion, the figure is more than the UK's current holdings of U.S. Treasuries, after Russia, ranked fourth in the world. U.S. media said it was enough to host 3 Olympic Games in Beijing.　　If you can, take it and you can buy Slovakia and Croatia and the rest of the money can buy another Mongolia or Cambodia. is a huge bond really true? If so, where do they come from? What kind of secret is lurking behind? If it is false, how many "Li Ghost" wandering in the market?　　For more than half a month, various bizarre speculations have emerged. I'm afraid no country is more likely than Italy to want it to be true about the authenticity of bonds. Because if so, under Italian law, they can deduct 40% as a fine.　　This windfall can help the troubled Italy to lose a lot of baggage. At present, the police have asked the United States to identify the authenticity of bonds.　　Even though Japanese media have recently disclosed that most of the two Japanese bonds were forged, we have not seen the official results of the test in Italy so far. Italians are concerned about the bonds, but Americans are obviously more concerned about where the bonds are coming from.　　Next, let's hear a lot of speculation about the source of the bond: some suspect it was another wild provocation from North Korea, which was made by North Korean counterfeiters, and the two unsuccessful traffickers were agents sent by Kim Jong Il. Some speculate that this is a currency war waged by the big powers against the dollar, saying that a country wants to disrupt the market with counterfeit American bonds and shake the world's confidence in the dollar's reserve currency. Those who hold this view also cite examples of the World War II era when Nazi Germany tried to bring down the British economy by falsifying sterling.　　This is the same.　　Others suspect that this is Japan's fear of a weaker dollar to hurt deeper and to take the early secret Sell-off, because Japan currently holds the world's second-day Treasury bonds. In addition, even the "one" of the Fed chairman, Ben Bernanke, has become a suspect.　　The reason they give is that, March 30 this year, the US Treasury announced that the bad assets are 134.5 billion of dollars. Although we are not sure yet whether the bonds are true or not, it is like a bombshell that can detonate the city's usual billions of US bonds into the market.Fruit？ What will the Americans do?　　Next, we wired The Economist Dr. Ma Guangyuan: Moderator: What do you think these bonds might bring? Ma Guangyuan: I think it's a lot more likely to be false. If it is true, this should be a terrorist level behavior, no matter which country, such a large amount of bonds if the market, the impact on the market is very large, I think for the United States, but also for us, including China's creditor countries, is unbearable, in fact, since the financial crisis, the status of the dollar has been unstable, our international monetary system looks likely to the dollar as the main model, once we think it is perfect, in fact after this crisis and we found that it basically can see it as a mirage, looks very beautiful,　　But the shock of a gust of wind, the emergence of huge dollar bonds, which for China, our current foreign exchange reserves, the vast majority of assets are dollar assets, how to ensure security is very important.　　Moderator: Whether it's true or false, after this bond comes out, the most influential people on the dollar, what do you think the Americans will do about it? Ma Guangyuan: For the United States, I think it is very meaningful that he will defend, but when he saved his own economy, through the dollar such a weapon will have some impact on the holders of our debt, I think it will, so the measures it has taken may not be in our favor, His actions to defend the supremacy of the dollar, it does not necessarily mean that we are safe, so we cannot put the safety of Chinese assets on the promise of the Americans, and the historical experience tells us that the principle of Americans in dealing with the dollar is self-interest, and we have heard a word　　Americans have always been on the dollar issue, the dollar is their currency, but the world trouble, he only put trouble to the world, but whether to share benefits with the world, the United States has always been self-interest. Moderator: Want to tie the world to the belt, to help them solve a variety of problems, but this trouble really come to the door, what the truth of this matter will be, we will continue to pay attention to.