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A comment on The crash of 2016?. Parent comment

Re:The crash of 2016? by ThrustVectoring on Wednesday February 10, 2016 @11:29PM (#11078239)
Uh, what? They do. The Chinese government owns approximately $60 billion worth of gold, and $1.2 trillion worth of US treasury bonds.
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Re:The crash of 2016? by bcg1 on Thursday February 11, 2016 @11:59AM (#11081345)
Let me rephrase... why don't they have anything other than gold or cash equivalents?
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Re:The crash of 2016? by ThrustVectoring on Thursday February 11, 2016 @01:32PM (#11081959)
They're very much risk-adverse (for good reason). In exceptional circumstances, they will take on other assets, though. See - the US Treasury's stake in General Motors.
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