From The Wall Street Journal:
How else will the Dems finance their spending programs?
As Western countries progress in their efforts to shore up their financial systems, a big question is increasingly being discussed: What can, and will, China do to help? Western countries need a lot of capital at the moment, and China has $2 trillion in foreign exchange reserves. The good news for all involved is that China can do a fair bit, and appears ready and willing to do it.
Read more ....
How else will the Dems finance their spending programs?
As Western countries progress in their efforts to shore up their financial systems, a big question is increasingly being discussed: What can, and will, China do to help? Western countries need a lot of capital at the moment, and China has $2 trillion in foreign exchange reserves. The good news for all involved is that China can do a fair bit, and appears ready and willing to do it.
Read more ....