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Chinese students laugh at Geithner's assurances

hypocritexposer

Well-known member
"Chinese assets are very safe," Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience, reflecting scepticism in China about the wisdom of a developing country accumulating a vast stockpile of foreign reserves instead of spending the money to raise living standards at home.

The Beijing-based Global Times greeted Geithner by publishing a survey of Chinese economists who called big holdings of U.S. debt "risky."

http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601
 

leanin' H

Well-known member
The whole world is laughing at us! :roll: Obama ought'a resign and become a standup comedian. He might actually be good at that! :shock:
 

TexasBred

Well-known member
leanin' H said:
The whole world is laughing at us! :roll: Obama ought'a resign and become a standup comedian. He might actually be good at that! :shock:

not really...but he might make a pretty good caddy for Tiger Woods. :lol:
 
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