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} // ]]>Editor’s Note: The following report is excerpted from Jerome Corsi’s Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and senior managing director of the Financial Services Group at Gilford Securities. 

China’s foreign-exchange reserves have increased to a record $2.648 trillion at a time when the nation is going on an international buying spree, grabbing up energy rights even within the continental U.S., Jerome Corsi’s Red Alert reports. 

As he warned in his book, “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” Corsi warned that China will not forever be content to lend the U.S. money.

read more at: http://www.wnd.com/index.php?fa=PAGE.view&pageId=216633