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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Hugh A who wrote (53901)10/2/2004 9:52:12 AM
From: RealMuLan  Read Replies (1) of 74559
 
Message 20592747

>>If China refuses to continue buying US debt, her most important (by a long shot) consumer collapses.<<

It is NOT "if", China already cut down Tremendously the amount of US debt it acquired. It acquired only a net of $30.8 billion of US debt bet. Sept. 2003 and July 2004. I do not see the sky is falling<g>

but Japanese increases his buying spree of US debt, so that sure helps
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