UPDATE: China Will Trade Debt for US Land…

I actually just got wind of this today. This post is from January of this year. I will post a more recent thread within the hour.

Pumas Unleashed

CHINA POISED TO PLAY DEBT CARD – FOR U.S. LAND
Communist nation could control American land as ‘development zones’

by JEROME R. CORSI

EDITOR’S NOTE: Barack Obama’s involvement in the DeMar Second Amendment case was previously reported in Chapter 7 of Jerome R. Corsi’s “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty.”

NEW YORK – Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work?

That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.

Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.

Yu Qiao, a professor of…

View original post 2,880 more words

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~ by Psychedelic Planet on October 11, 2013.

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