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Re: A couple of scary stories

By: lkorrow in CONSTITUTION | Recommend this post (0)
Sun, 05 Jun 11 5:22 AM | 50 view(s)
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Msg. 13418 of 21975
(This msg. is a reply to 13417 by ribit)

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ribit, if China's not buying and the Fed stopped buying, who's buying them now? In other words, what are they going to do for an encore?




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The above is a reply to the following message:
A couple of scary stories
By: ribit
in CONSTITUTION
Sun, 05 Jun 11 2:50 AM
Msg. 13417 of 21975

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

http://cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

The above could be the reason for this next story too.

Dow Average Has Its Longest Weekly Slump Since 2004

http://www.bloomberg.com/news/2011-06-04/dow-falls-in-longest-slump-since-2004-amid-concern-about-economy.html


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