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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (37285)7/30/2005 11:43:37 AM
From: Tommaso  Read Replies (1) of 110194
 
>>>On the other hand, China can certainly use the US$ and buy US$ denominated stuff<<<

But first they have to sell their bonds, if they want more than current income provides. And even if current income covers the purchases, it means they stop buying bonds.
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