Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Finalapproach29er
We’re 12 Trillion in debt, and China is going to start buying less of our debt.

I thought they had already drawn the line in the sand and said they would not buy any more. And are divesting themselves of the American dollar tokens they have, buying hard assets like gold mines.

20 posted on 05/16/2009 4:09:21 PM PDT by FrogMom (No such thing as an honest democrat!)
[ Post Reply | Private Reply | To 16 | View Replies ]


To: FrogMom

I think their divestiture is going to be gradual so as not to p*ss off Americans (consumers).


69 posted on 05/16/2009 8:45:32 PM PDT by Finalapproach29er (A woman will be the next President; I hope it's Palin instead of HRC.)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson