Clearly the government of Japan got caught red handed trying to dump U.S. Treasury Bonds because they no longer trust that the USA can pay its debts. When the issue blew up in their faces, everyone from Japan to Italy to the USA had to get together and lie about what was happening with the hope that other nations wouldn't start dumping U.S. Treasuries too.
http://www.turnerradionetwork.com/i...es-in-suitcases&catid=1:latest-news&Itemid=50
http://www.turnerradionetwork.com/i...es-in-suitcases&catid=1:latest-news&Itemid=50