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  • What's Another $1.15 Trillion? [View article]
    On Friday China's Premier Wen Jiabao warned (pleaded with?) (or ordered?) the US to protect the value of treasuries saying:
    "We have made a huge amount of loans to the United States."... "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets."
    Now, just 5 days later our treasury responds by flooding the world with dollars but buying treasuries. Hmmm, I wonder whose in charge?





    Mar 18 21:21 pm |Rating: +4 -1 |Link to Comment
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