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Chinese stop buying US debt
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Originally posted by BlasterBates View Post -
China is going to have big problems in the next few years, unemployment has went up 10 million since the summer.
There will be a flashpoint soon which will bring massive unrest.Comment
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China’s leadership is likely to avoid any complete halt to purchases of Treasuries for fear of appearing to be torpedoing American chances for an economic recovery at a vulnerable time, said Paul Tang, the chief economist at the Bank of East Asia here.
“This is a political decision,” he said. “This is not purely an investment decision.”Comment
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Originally posted by minestrone View PostChina is going to have big problems in the next few years, unemployment has went up 10 million since the summer.
There will be a flashpoint soon which will bring massive unrest.Comment
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