Showing posts with label U.S. Treasuries. Show all posts
Showing posts with label U.S. Treasuries. Show all posts

3/13/2009

I Don't Want to Say...

But I told you so. The first shot across the bow from the Chinese.
Interpretation: You're my puppy now.

"China's Leader Says He Is Worried over U.S. Treasuries"
Diego Azubel/European Pressphoto Agency

BEIJING — "The Chinese prime minister, Wen Jiabao, expressed unusually blunt concern on Friday about the safety of China’s $1 trillion investment in American government debt, the world’s largest such holding, and urged the Obama administration to provide assurances that the securities would maintain their value in the face of a global financial crisis." Michael Wines and Keith Bradsher, NY Times

Click on the read more icon for the full NY Times story.

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