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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (496058)11/20/2003 1:51:42 PM
From: DuckTapeSunroof  Respond to of 769670
 
They can't really just 'sell Treasuries'... that's the only way they have to recycle the mountain of US dollars they earn in trade. (At least, it would take some major changes before they could dump treasuries... they would have to price exports in Euros or Yen, or a basket, or even in Yuan, to get ready to 'dump'.)

On the otherhand, they did cancel that big 'US purchasing mission'!