March 13, 2009

China ‘Worried’ About Safety of U.S. Treasuries

This is a scary statement. If china decided to dump treasuries and us dollars we could have a gargantuan mess. It would make our current economic problems look pretty small.

China 'Worried' About Safety of U.S. Treasuries

China, the biggest holder of U.S. government debt, expressed concern about the safety of those assets.
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