$134 billion in U.S. government bonds were seized while being smuggled across the Italian-Swiss border. There are only four bond-holders in the world have that quantity in bonds. All are governments. Who is trying to either dump their Dollar-denominated bonds or counterfeit such monstrous sums for cash? Hmm!
Country Apr '09
China $763.5
Japan $685.9
United Kingdom $152.8
Russia $137.0
Monday, June 15, 2009
$134 Billion in U.S. Bonds Seized
