UPDATE: Like all breaking web-stories that are in their early hours of existence, it can be difficult to separate fact from rumor and hoax. The following story has proponents and detractors. Some insist it is a hoax (I hope so!), while others insist it’s accurate (please, no…).
Isn’t it terrifying that the mere idea of the Obama Administration taking such an action is even remotely plausible?!!
UPDATE 2: This story/hoax/rumor apparently originated from a Bloomberg Business News story entitled “China Needs U.S. Guarantees for Treasuries, Yu Says“ (excerpt below)
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