By Keith Bradsher
Published: January 8, 2009
HONG KONG:
China has bought more than $1 trillion in American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home - a shift that could pose some challenges to the U.S. government in the near future but eventually may even produce salutary effects on the world economy...
Read more: China Losing Interest In Buying US Debt
Related article: Clinton Begs China To Buy US Debt
Janet Yellen backtracks: She now realizes that a future financial crisis can come (but it will still be worse than she thinks)
-
Janet Yellen COGwriter About a year and a half ago, the then head of US
Federal Reserve said it was possible that there would be no more financial
crises “...
7 hours ago
No comments:
Post a Comment