$1.93 T is the *total* outstanding T-Note debt of which 10% is held by China:
 
http://www.treas.gov/tic/mfh.txt
 


Jones Beene <[EMAIL PROTECTED]> wrote:
 
<snippage>
The Government of China is holding U.S. currency and
Treasury notes in a $1.9 trillion Treasury bond trap. When
they pull the trigger on their "primary weapon," the dollar
will crash and gold will break $600 in a heart beat and just
keep going."

[End of quote]

I wonder how accurate this is...


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