Shocker: China Dumps $50 Billion in US Treasury Paper, Leaving Europe to Pick Up Slack

Some are saying that this latest dump by Beijing is indicative of a larger trend – of buyers remorse, as Asia moves to limit its exposure from a coming collapse of the US dollar as the world reserve currency. So, as China and Japan back off of the dollar, we see Belgium moving in to pick up the difference on a US paper shortfall. Interesting….