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Old March 13th 09, 07:28 PM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
Tom[_4_] Tom[_4_] is offline
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Default China accuses Obama of running a Ponzi scheme

On Mar 13, 12:20*pm, Sanny wrote:
China has the world's largest reserves of foreign exchange thanks to
years of double-digit growth in the years that preceded the financial
crisis that began in the United States in 2007. Beijing has been
deploying much of its reserves in increased purchases of U.S.
Treasuries and the financing of major investment projects designed to
prop up flagging growth at home.


Looks like China will soon rule the world after US crumbels.

Bye
Sanny

Talk to Physics Teacher:http://www.GetClub.com


Nah. China needs the U.S. as much as the U.S. needs them.
Look what happened to them when they chose to become more
capitalistic however.