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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (224533)3/17/2005 1:13:23 PM
From: TimF  Read Replies (1) of 1572580
 
Ok, what happens when foreign countries are no longer interested in buying $400 billion plus of Treasuries every year to cover the deficit?

They aren't buying $400 billion plus of treasuries to cover the deficit.

When they refuse to buy whatever level they are buying then interest rates go up.

Tim
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