We now find out that the 700 billion bailout will be paid to foreigners, primarily China. You know China the people your government borrowed money from to give you a stimulus check!
Oct.02, 2008 in
Market Outlook
Well guess what China has made it clear they arent financing the US government any more. You did know that our government operates only due to the fact that foreigners buy 80-90% of our treasuries right? Not anymore unless our congress caves in to this black mail, just as they did when China demanded we [...]
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