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China reduces US Debt Holdings

Discussion in 'Economics and Financials' started by padre31, Aug 23, 2009.

  1. padre31

    padre31 Premium Member Luxury Box

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    http://news.bbc.co.uk/2/hi/business/8207174.stm

    So that is a net increase of 3.9% since January, however the trend is downwards, with more spending/borrowing/monetization to come, we may see something we have not seen since the mid 70's...galloping inflationary pressures.
     
    my 2 cents likes this.

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