wrote in message
...
On Tue, 16 Feb 2010 18:53:14 -0800, "nom=de=plume"
wrote:

wrote in message
. ..
On Thu, 11 Feb 2010 10:29:55 -0800, "nom=de=plume"
wrote:

The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.


According to you.


Me and the New York Times

http://www.nytimes.com/2009/01/08/bu...yuan.html?_r=1


Could you possibly cite something a bit more current. Obama wasn't even
president yet.


Sorry about the link, I heard the issue about the declining Chinese
investment today on CNN and assumed it was the same story. It is true
that China just dropped behind Japan as our biggest benefactor.
I suspect it is actually somewhat that they do not have the surplus of
dollars because we aren't buying as much There could even be a tactic
to bully us into keeping low tariffs on their products.

The effect on the auction will be the same though. If demand on our
paper goes down the interest we will have to pay to make it attractive
will go up.


Don't get me wrong... I absolutely agree that it's a problem, especially if
we don't get our act together. I think all of the world's significant
economies recognize that our exit from this recession is essential to their
economies, and that there's got to be an improvement in our debt situation.

--
Nom=de=Plume