From: @ichaview
Sent: Sep 27, 2009 12:03p
My friend in the US rang me and said that America lives on credits now. No cash. More layoffs. So, if Japan and China are going to sell the US bonds, he added, America will be screwed up. ...
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Are you sure? I like that....cuma, kasihan dekat Obama saja... He's nice.
ReplyDeleteDess,Thanks for your comment. I think America is struggling to fix the collapsing economy. They don't have enough cash, so the Fed printing money which is not good. It creates new problems and also selling their bonds to China and Japan has made the US economy more vulnerable. Btw, Obama is nice person. Hope he and his teams could manage it.
ReplyDeleteActually I dont know much about the US bonds owned by China, Japan, and some middle-east countries. I knew it from my friend who lives in NY. So, I would really appreciate if anyone who really knows about the issue, could explain more by posting your comments here. Thanks a lot in advance.
ReplyDelete