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To: energyplay who wrote (50498)5/25/2004 10:34:21 PM
From: RealMuLan  Respond to of 74559
 
>>It also means that Japan and China's buying of US Treasuries isn't as dumb as it first seems. (Surprise !)<<

That is a comfort to know<g>

On US trade deficit-- I have posted quite a few time that saying Chinese trade surplus with the US is about 45%-30% lower than the US trade deficit to China. A couple of reasons for this. The most important one is China deduct the components imported from other countries from the finished product export to the US