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Old 11-19-2004, 09:27 AM  
VeriSexy
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Quote:
Originally posted by Fake Nick
US govt has that much debt mostly in CHINA !!

yeah thats right , China is funding the USA these days
Nope your wrong, Japan is the largest Bond holder and China is second.... They have been reinvesting the surplus into US bonds for many years. Just a matter of time before China will be the #1 bond holder.

China just recently surpass Japan in oil consumption. Now China is number 2 and Japan in number 3.
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