Why is it important that we understand who is buying U.S. Treasury bonds?

For many years, China was buying our debt by purchasing U.S. Treasury bonds. It is important to note that China holds a vast amount of Treasury bonds as well as U.S. currency in reserve. China has awoken to realize that the bonds and currency they hold may have lost much of the original value. Why does this matter? It matters because the only people purchasing our debt is the Federal Reserve aka "The Fed". What does that mean? It means that the U.S. stabalization of the market and the economy is being supported only by placing Americans in debt. Here is an article you need to read from the Telegraph that covers China's new purchasing move into metals:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5160120/A-Copper-Standard-for-the-worlds-currency-system.html

Want to understand U.S. debt?? Here is a site:

http://www.publicdebt.treas.gov/

Here is a direct link to the current debt for the U.S. as of the printing of this post:

http://www.treasurydirect.gov/NP/BPDLogin?application=np

Tell us what you think....................