China: Another Month, No Buying Interest In U.S. Treasuries

SEE3772's Avatar
Why should China buy more US treasuries? They have enough risk as it is plus with all the bashing our politicians are making, if I were the Chinese PM, I would stop buying US treasuries and start investing my money somewhere else. Besides, the day will come when America has a 50% unemployment rate and won't be able to buy the Chinese shit, regardless of how cheap it is. China, as always, is being smart and planning for the long run. Americans, on the other hand have dumbed down and living for the moment.