Vegasjoe

Will China Continue to Buy U.S. Debt?

China has no choice but to buy USA paper. China needs the US, and the US needs China. But, China can let its currency float more, raising its value vs. the dollar, to offset any paper losses, and with a stronger currency, they can go long all the commodities they need to spend the $700 billion on infrastructure the desperately need, and watch them spend around the world as they are one of the few with cash, and lots of it. look at the joint venture with Brazil to solidify their future energy needs. Smart money should go long China now...while the rest of the world drowns in a delationary debt spiral.