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BEIJING -- U.S. Secretary of State Hillary Rodham Clinton wants China to continue investing in the United States because the two countries' financial futures are closely tied together.
"I certainly do think that the Chinese government and central bank are making a smart decision by continuing to invest in Treasury bonds," she said during an interview Sunday with the popular talk show "One on One.
Hillary isn't the type to beg for anything. She likes being in control and regardless of how she goes about doing something, I believe she'll have her way in the end. If we can't buy Chinese products they will sink.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
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"I certainly do think that the Chinese government and central bank are making a smart decision by continuing to invest in Treasury bonds," she said during an interview Sunday with the popular talk show "One on One.""It's a safe investment. The United States has a well-deserved financial reputation."
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,769,842 times
Reputation: 3587
Think of it this way: The year is 2016 and the government is going to tell millions of voting Americans that they have to cut off Social Security payments and Medicare payments so they can pay back money to the Chinese who don't vote here???? Think again....
The China daily money section had this article recently. China's treasury debt holdings up
While neither good or bad news at present, It's noteworthy I haven't heard of any state officials going begging in Europe. Begs to wonder what concessions the administration Hillary will have to offer to discourage a diversification of Chinese funds.
More Chinese made goods flooding the market.
Wave goodbye to more manufacturing jobs!
Every major economist recognizes the fact that the largest economy in the world is Chian-America, as in one singular economic entity. Clinton and thus the Obama administration recognition of that fact is unsurprising and hardly stupid.
Kind of like an enabler giving an alcoholic more liquor...AND said enabler is the liquor store who puts the bill on credit.
Last edited by Gottasay; 02-22-2009 at 08:39 PM..
Reason: mispelling
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