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pigman · 03-24-2009, 07:17 PM

http://abcnews.go.com/Business/wireStory?id=7073605

"Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Wen said at a news conference Friday after the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets."

If China stops buying US treasuries the dollar is fucked. The global economy is going down, who are the US going to borrow from in a year or two?

03-24-2009, 07:17 PM
pigman Confirmed User Join Date: Aug 2006 Posts: 760	China worried about the dollar http://abcnews.go.com/Business/wireStory?id=7073605 "Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Wen said at a news conference Friday after the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets." If China stops buying US treasuries the dollar is fucked. The global economy is going down, who are the US going to borrow from in a year or two? __________________ Suffering arises from attachment to desires. Suffering ceases when attachment to desire ceases.