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Old 02-04-2009, 08:49 PM   #17
Jjfotqse

Join Date
Oct 2005
Posts
332
Senior Member
Default
Obama is praying that China will continue to buy US treasury bonds, but China need the money to help 20 million jobless Chinese.

The US economy has not reach rock bottom yet. They have to be nice to China.

Recently, everyone seems to be asking China for help, esp the worst hit economy, UK. The UK govt is in danger of defaulting on their bonds.
the UK is fucked because unlike the USA the pound has no significance, and besides the North sea oil which will run out very soon, the Uk has virtually no resources to speak of unless u count football hooligans!
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