[bruinbirdman]

"Hillery on her knees in China wearing extra lip gloss."

The ChiComs were never going to do differently. They depend on the U.S. economy more than we rely on them. And they need to something with their bucks. They already tried the EUro trick and lost their shirts on the strong euro.

Mrs. Bill Clinton's statement was made for media. The Red Chinese were always buying Treasuries, so Mrs. Toon makes a press soundbite, "I asked my friends to continue investing in our debt. They said OK. Aren't I an effective diplomat?"

yitbos

[April Lexington]

I'm thinking the Chinese will equitize the dollar holdings by buying US real estate (showing up in CA recently) or, crazy thought... buying American equities and driving up the stock market to signal the “end” of the recession. Who knows. Should be interesting. But, holing US bonds when the US is inflating? “We HATE you guys...”