I thought China had stopped buying US treasuries? They still hold some, but I think they have gotten their fill of buying any more. With good reason.
posted on 10/13/2013 6:11:08 AM PDT
(Courts, law enforcement, roads and national defense should be the extent of government)
Please. What else are they going to buy? Brazilian treasuries? Nigerian corporates? Germany, Japan, the UK and the US have only so much debt.
China has no alternatives except commodities.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson