On Tue, 15 Mar 2005 17:52:13 -0500, DSK wrote:

NOYB wrote:
I'm still waiting to see Doug's "proof" that the value of China's US
Treasury holdings is "7 times the United States' annual GDP". By my
calculations, that should put their holdings up around $82 trillion. That's
*TRILLION* with a "tr".

Can you not use Google?


The odd thing is that after making that statement, he continued to stick
with it...even after he posted a link that cited their holdings at $500
billion.

Wrong.

Can you not read?

That reference said that Chinese *cash reserves* were $500 billion.
That's dollars, not debt instruments (ie Treasuries).

Surely a man with your fiscal savvy knows the difference.

... His own sources refute his argument, so I don't know why I even
bother citing *my* sources.


I don't either. Probably because you can't read very well, and don't
have any patience for facts which contradict your prejudices. Same
reason why you think you're winning our little debates... until you run
away...

DSK

Or maybe 'cause you lost again?
--
John H

"All decisions are the result of binary thinking."