Showing posts with label exchange rates. Show all posts
Showing posts with label exchange rates. Show all posts

Monday, October 19, 2009

What about China and the US Government debt?

Twice in the past couple of weeks I have been at some social event (usually involving beer) and have been asked "what about China and all the US debt it keeps buying?"

This article discusses the issue nicely.

I also need to drink beer with less serious people.

HT: Greg Mankiw
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