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View Diary: China Cuts US Credit Rating. Obama Cuts Hawaii Vacation Short. (171 comments)

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  •  Not so simple (4+ / 0-)
    Recommended by:
    FG, Pluto, Mnemosyne, Tio GB

    Given the amount of RMB (converted to US Dollars) invested in US Treasuries which the US Government insists China continue to support.

    What the US is always demanding (so reliable you can set a watch by it) is that China:

    1. Maintain investments in Treasuries
    2. But more debt, please
    3. Appreciate the RMB

    Doesn't quite work.

    What about my Daughter's future?

    by koNko on Wed Dec 26, 2012 at 07:41:38 AM PST

    [ Parent ]

    •  on your point #2, (1+ / 0-)
      Recommended by:
      koNko

      do you mean "but" or "buy"?

      Just checking.

      We are often so identified with whatever thoughts we may be having that we don’t realize the thoughts are a commentary on reality, and not reality itself. -- Gangaji

      by Mnemosyne on Wed Dec 26, 2012 at 10:41:36 AM PST

      [ Parent ]

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