How Long Will China Continue Buying US Debt?

15 Feb 2009
Bloomberg reports:

U.S. debt is one option in addition to gold and other government debt, Luo, head of the training center at the banking regulator, was quoted as saying in an interview with the news agency late yesterday. If the U.S. government issues too much debt in its efforts to revive the economy, all Treasury holders will suffer losses, he added, the Chinese-language report said.

Posted by Aeolus on Sunday, February 15, 2009 at 11:42 AM | 0 TrackBacks

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