[bruinbirdman]

"Bingo. And what, pray tell, would be the alternative country in which to invest?"

I see the UK has increased the amount of long U.S. Treasury Bonds it is purchasing, from $47 billion in the second quarter '07 to $72 billion in the third quarter ended Sept. '07.

yitbos

[Professional]

Obviously, they hope to lose money, so they have some write offs! Those stupid brits, don’t they know the USD ONLY goes down in value!?